What Are You Saving For?
We all know how important saving money is. Whether you’re a dedicated saver or just beginning to build your savings; we offer a variety of safe and secure savings plans to help your money grow.
Open an Account Online
When you join AMOCO Federal Credit Union you begin your membership by opening a basic savings. This account establishes your ownership in the credit union and is the foundation you can build on to achieve your financial goals.
What Are You Spending For?
Spending money is a daily part of living; however, smart spending allows you to save for your future. At AMOCO, we believe in investing in you and helping you build your nest egg to take care of yourself and your family.
Want Affordable Checking?
We believe that checking should be made simple, so we have one FREE checking account for all of our members. That’s right, no minimum balance requirements, no direct deposit requirements, no monthly service fee and unlimited transactions!
What Are You Borrowing For?
Our goal to make your financial dreams come true. Whether you are purchasing your first car, looking for a great credit card or want to own vacation homes, we help you fund your future.
Apply for a Loan Online
At AMOCO, we have loans for your wants and needs. We work hard to provide members with high-quality service, lower rates, and flexible payment options so you can get the most for your money.
Invest In Yourself!
Plan our financial dreams – from saving for college to planning retirement. We’ll discover where you want to go and how you will get there.
Manage Your Investments
Through LPL Financial, you have the ability to manage multiple types of investments, access your account anywhere, anytime and partner with a professional to help understand your unique financial situation.
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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.
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”
“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.
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.
Chief Executive Officer & President
Shawn Bailey joined AMOCO in 2001 and was promoted to President and CEO in 2004. Since taking his position, AMOCO has grown from one branch to 10 branches and continues to expand. His strategic leadership and vision have helped the credit union triple its assets to $1 billion. In addition, AMOCO now serves more than 97,000 members and counting.
Shawn has been dedicated to the credit union movement for over 20 years, but his passion for his community makes him even more unique. He serves on multiple boards, spends his spare time volunteering, and sponsors numerous causes. His desire to help others has cultivated a corporate culture within the AMOCO family to serve not only members but also their communities.
Around the office, Shawn is known for his tracksuits, outgoing personality, and genuine care for his team. Shawn grew up in New Mexico, receiving his Bachelor's Degree in Business Administration from New Mexico State University. After moving to Texas, Shawn continued his education by earning his MBA from Texas A&M University. He resides in League City with his wife, Susan, and has three adult children.
Chief Operations Officer
Ashley joined AMOCO in 2005, and it did not take long for the Executive Team to notice her drive to succeed. After a few short years, Ashley was promoted to Executive Vice President of Operations and was named Chief Operations Officer in 2017.
Ashley takes control and empowers her staff to do the same. Since taking her position, she has focused on maximizing efficiency and quality of service to members through implementing innovative technology and software. Ashley oversees all areas of operations, including lending, digital solutions, contact center, member experience, and all branch locations. When Ashley is not in the office, you will find her at Santa Fe's Economic Development Corporation, where she has served on the board since 2020. She is also on the Women's Advisory Board for Houston Methodist Clear Lake.
Ashley lives in her hometown of Santa Fe with her husband, Chad, and two children. She received her Bachelor of Business Administration from Northwestern State University and MBA from Tulane University.
Chief Administration Officer
Like many credit union executives, Gail Figueroa began her career on the front line before moving into a leadership role as Assistant Vice President of Teller Operations. Her vision for AMOCO was quickly recognized and resulted in a promotion to Vice President of Planning and Development. Since taking that position, Gail has played a vital role in expanding AMOCO's footprint through the design and delivery of branch expansion.
Gail has since been named the Chief Administration Officer at AMOCO and continues to lead all functional areas of administration, including human resources, marketing, business development, facilities, and branch expansion. Her authenticity and strategic approach have helped the credit union build a strong future for AMOCO members, employees, and the community.
Gail received her Bachelor's Degree in Business Administration from the University of Houston Clear-Lake and her MBA from Texas A&M University. Gail grew up in Texas City and now resides in League City with her husband, Edgar, and two children.
Chief Financial Officer
Jeremy Silva joined AMOCO in 2005, serving as a call center clerk. Through his math expertise, skills, and leadership ability, Jeremy was promoted and has led AMOCO as our Chief Financial Officer since 2013. Needless to say, Jeremy is pretty good with numbers.
He considers our members' best interests when making financial decisions and develops financially viable and sustainable strategic plans. In his role, he oversees all financial reporting, accounting, compliance, risk management, and internal audits.
Born and raised in Texas City, Jeremy currently resides in La Marque with his wife, Sarah, and their two children. Jeremy earned a Bachelor's Degree of Science in Finance from the University of Houston-Clear Lake and an MBA from Texas A&M. When Jeremy is not tied up crunching numbers, you can find him at a Rockets game or cheering on the Cowboys.
Executive Vice President of Lending
Eddie has long been a part of the credit union industry before joining AMOCO in 2019. He was interested in joining the AMOCO team because of its strong leadership and commitment to our community. In addition, he believes AMOCO truly represents the credit union motto of "people helping people." In 2019, Eddie took on the role of Vice President of Lending and shortly was promoted to Executive Vice President of Lending in 2021.
Eddie's primary responsibility is to provide strategic direction and support to our talented lending managers. Additionally, Eddie strives to develop a loan product suite that meets our member's needs and improves efficiencies internally for our employees.
Eddie received both his Bachelor's Degree and MBA from LeTourneau University. Eddie currently resides in Pearland with his wife and three children. Eddie enjoys everything outdoors, including fishing, hunting, and golf, and is also a die-hard Houston Astros fan.
Executive Vice President of Administration
Tina has been a part of the credit union since 2002, starting her credit union journey on the front line. Her creative ideas and out-of-the-box solutions led Tina to her current position as AMOCO's Executive Vice President of Administration in 2018.
Her role requires her to work closely with marketing, human resources, and the education departments. Under Tina's leadership and guidance over the past years, she has successfully molded and developed each department to operate independently. Her sights are now focused on growing AMOCO into new territories.
Native to Galveston County, Tina, her husband, Cliff, and their two children reside in Dickinson. Tina has served as a Community In Schools - Bay Area Board Member since 2020. Tina has earned a Bachelor's Degree in Business Administration from the University of Houston-Clear Lake and her MBA from the University of Texas. She loves spending time with family and friends and taking road trips to her favorite family destination, the Frio River.
Executive Vice President of Operations
Before starting his career at AMOCO in 2018, as our Vice President of Operation Sales and Service, Darby worked with AMOCO as a business partner. During his time as a business partner, Darby supported our credit and debit card processing, but knew he wanted to be part of the credit union culture.
Since becoming a part of the credit union, Darby has exemplified a strong work ethic and quickly became Executive Vice President of Operations. Darby has since played a pivotal role in monitoring AMOCO's progress towards obtaining goals and reviewing new products and services. Darby believes the future is bright for AMOCO due to the amazing staff at the credit union servicing our members' financial needs.
Darby has a Bachelor of Science in Finance from Texas A&M University, resides in Galveston with his wife, Stacey, and has five kids and three grandchildren. When Darby has extra time, he likes to go fishing, which is convenient since he lives on the island.
Senior Management Team
Sr VP of Operations
Eric E. Davenport
VP of Finance
Kent Etienne Jr.
VP of Human Resources
VP of Consumer Lending
VP of Information System & Technology
VP of Training & Development
VP of Marketing & Business Development
VP of Finance
VP of Information System & Technology
VP of Business Intelligence
VP of Accounting
VP of Audit, Compliance, and Legal Risk Management & General Counsel
Board of Directors
Roger D. McCrary
Honorary Director Emeritus
Bob F. Steel
Honorary Director Emeritus
2022 - 2023 Nominating Committee
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.