All About You

From the teller line to the executive team and everyone in between, we are all here to carry out our mission to serve our members’ financial needs. 

Our History


Since being first chartered in 1937, the credit union has grown from $28,000 in assets and 170 members to more than $1.3 billion in assets and over 98,000 members and counting.


The credit union was originally organized as a Pan Am Employees Federal Credit Union, to serve the financial needs of employees of Pan American Refining Corporation of Texas City. In 1947, the credit union expanded for the first time to include employees of Amoco Chemicals in Texas City, an Amoco (Pan American) subsidiary.


In 1955, the credit union changed its name to Amoco Federal Credit Union to correspond with the new name of its sponsor company, Amoco Oil Refinery. Two years later, and twenty years after it was first chartered, Amoco Federal Credit Union claimed $2.6 million in assets and 3,100 members.


In 1998, British Petroleum (BP) and Amoco Oil merged into BP Amoco, and as of 2004, it would be called BP. With that change, Amoco Federal Credit Union made a choice to keep its name the same because it represented stability and familiarity in the community.


The “Amoco” name was changed to represent an acronym, making it AMOCO (A Member Owned Cooperative Organization) Federal Credit Union.


AMOCO is financially strong and recognized as one of the largest credit unions in the Houston/Galveston area, made up of a diversified membership that includes more than 600+ local sponsor companies and organizations and over 100,000 members located throughout the country. Today, AMOCO continues to grow largely due to the satisfaction and loyalty of members and the commitment of our volunteers and staff. Today, AMOCO Federal Credit Union has expanded to serve 2.5 million consumers with a wide geographical footprint, and is open to everyone who lives, works, worships, attends school, or frequently does business within one of the 477-census tracts in Texas.

Our Year in Review

For over 84 years, AMOCO Federal Credit Union has taken pride in embodying the fundamental philosophy of People Helping People that all credit unions are founded on. We are committed to our mission–“to serve the financial needs of our members” – and making a difference in our local communities.


To be “Our members’ primary financial relationship”


“To serve the financial needs of our members”

Core Values

“Respect, Integrity, Service & Excellence”

  • $141.2+ million in new loans
  • $123.+ million in new home loans
  • $55.4+ million in new refinanced auto loans
  • $477,150 cash back awarded to members for auto refinancing with us
  • $367,681 in additional certificate dividends earned by members
  • $987,719 million in loan interest saved by members
  • $739,330 in ATM fee credits saved by members
  • $386,500 in mortgage lender credits saved by members
  • 279 members served by AMOCO Investment & Retirement Advisor
  • Voted Best Credit Union and Best Financial Advisor awarded by The Galveston Daily News Readers
  • $342,042 donated to community events supporting local non-profits, including College of the Mainland Foundation
  • $135,929 contributed to Galveston County Fair & Rodeo in the form of in-kind donations, event sponsorships, and junior auction sales
  • $45,944 donated by AMOCO employees and AMOCO to United Way Galveston County Mainland 
  • $11,000 awarded in AMOCO scholarships
  • 97% of AMOCO employees said that the Credit Union is a “great place to work”
  • 90% of AMOCO employees are “satisfied with their job”
  • 93% are very satisfied with AMOCO
  • 83% would recommend the credit union to a friend, family member, or coworker
  • 90% Convenience Rating
  • 93% Personal Service Rating
  • 92% Reliability Rating
  • 89% Products & Services Rating
  • 91% Departments Rating

Keep up with everything we’ve accomplished in the past year. Click here to know about AMOCO’s performance in our 84th Annual Report.

Our Leadership

Executive Management Team

Click on each image below to learn more about our Executive Team, their role, and how they work together to help you succeed.

Shawn Bailey, Chief Executive Officer & President

Shawn Bailey

Chief Executive Officer & President

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Ashley Carner, Chief Operations Officer

Ashley Carner

Chief Operations Officer

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Gail Figueroa, Chief Administration Officer

Gail Figueroa

Chief Administration Officer

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Jeremy Silva, Chief Financial Officer

Jeremy Silva

Chief Financial Officer

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Eddie Bonilla, EVP of Lending

Eddie Bonilla

Executive Vice President of Lending

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Tina Foster, EVP of Administration


Executive Vice President of Administration

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Darby McDermott, EVP of Operations

Darby McDermott

Executive Vice President of Operations

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Senior Management Team

Nathan Ashworth

Sr VP of Operations Technology

Claudia Maldonado

Sr VP of Operations

Eric E. Davenport

VP of Finance 

Kent Etienne Jr.

VP of Human Resources

Rachel Hunt

VP of Consumer Lending

Paul Ladd

VP of Information System & Technology 

Tabitha Lewton

VP of Training & Development 

Stacey Malbrough

VP of Marketing & Business Development 

Joe McGinley

VP of Finance 

Mike Payne

VP of Information System & Technology 

Christopher Roland

VP of Business Intelligence

Fran Spencer

VP of Accounting  

Weston Tucker

VP of Audit, Compliance, and Legal Risk Management & General Counsel

Our Volunteers

Board of Directors

J.R. Norman

J.R. Norman


Andre Parker

Andre Parker

Vice Chairman

Ruben Torres

Ruben Torres


Chet Rich

Chet Rich


Ron Mullen

Ron Mullen


Hedy Minter

Hedy Minter


Pat Tinsley

Pat Tinsley


Roger D. McCrary

Roger McCrary

Director Emeritus

Tim Bulot

Tim Bulot

Honorary Director Emeritus

Bob F. Steel

Honorary Director Emeritus

Supervisory Committee

Hedy Minter

Hedy Minter


Chris DeVries

Chris DeVries


Sonny Tholcken

Sonny Tholcken


2022 - 2023 Nominating Committee

Josh Chapman

Stacy Cortez

Craig Mason

Governance Committee

Stacy Cortez

Stacy Cortez


Craig Mason

Craig Mason


AMOCO's 2022 Board Elections

The following members are candidates for the open positions on the 2023 Board of Directors.

Chet Rich – Position #2

Roger McCrary – Position #4

Ruben Torres – Position #6

Interested in Serving as a Volunteer Official?

A Volunteer Official must be a member in good standing. Volunteer Officials should not have been convicted of any criminal offense involving dishonesty. Volunteer Officials must be unselfish and willing to act for the benefit of the members. Volunteer Officials should be sincerely interested in helping the members resolve their financial problems as permissible through services offered by the credit union.

Learn more about serving as a Volunteer Official and how they help make a greater community.