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
1937
Since being first chartered in 1937, the credit union has grown from $28,000 in assets and 170 members to more than $1.4 billion in assets and over 106,600 members and counting.
1947
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.
1955
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.
2004
In 1998, British Petroleum (BP) and Amoco Oil merged into BP Amoco, and as of 2004, it would be called BP. As a result of the merge, 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.
Present
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 560 local sponsor companies and organizations and over 106,600 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 (2024)
For over 87 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.
Vision
To be “Our members’ primary financial relationship”
Mission
“To serve the financial needs of our members”
Core Values
“Respect, Integrity, Service & Excellence”
Impacting Our Community
donated to community events supporting local non-profits and fundraising for scholarship programs
contributed to Galveston County Fair & Rodeo in the form of in-kind donations, event sponsorships, and junior auction sales
donated by AMOCO employees and AMOCO to United Way Galveston County Mainland
awarded in AMOCO scholarships
Keep up with everything we’ve accomplished in the past year. Click here to know about AMOCO’s performance in our 2024 Annual Report.
Our Leadership
Chief Executive Leadership
Click on each image below to learn more about our leaders, their role, and how they work together to help you succeed.
Shawn Bailey
Chief Executive Officer
Shawn Bailey, Chief Executive Officer
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 11 branches and continues to expand. His strategic leadership and vision have helped the credit union triple its assets to $1.3 billion. In addition, AMOCO now serves more than 109,200 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.
Ashley Carner
President / Chief Operating Officer
Ashley Carner, President / Chief Operating Officer
Ashley joined AMOCO in 2005 as a Member Service Representative and was promoted to Vice President of Operations in 2010, Executive Vice President of Operations in 2014, and Chief Operations Officer in 2016. In 2024, Ashley was named as President / Chief Operating Officer of AMOCO, effective January 1, 2025. In her new role, Carner will continue reporting directly to AMOCO’s Chief Executive Officer, Shawn Bailey and will manage all operational aspects of the Accounting & Finance, Administration, Operations, and Technology divisions of AMOCO, allowing Bailey to primarily focus his efforts on Advocacy, Business Development, Collaborations, Governance, and Strategic Planning.
Ashley holds a Bachelor of Science, Business Administration degree from Northwestern State University and a Master of Business Administration (MBA) degree in Finance and Management from Tulane University – A.B. Freeman School of Business. She also received the “Award of Excellence” during her studies at Southwest CUNA Management School at Texas Christian University. She is also committed to the communities that AMOCO serves as exemplified by her past and current engagement and service for Houston Methodist Women’s Advisory Group, Association of Business & Professional Women, Santa Fe Economic Development Corporation, Higher Up Texas, SAVE Rescue, Independence Village, Santa Fe Chamber of Commerce, and Clear Lake Chamber of Commerce.
Ashley lives in her hometown of Santa Fe with her husband, Chad, and two children.
Eddie Bonilla
Chief Lending Officer
Eddie Bonilla, Chief Lending Officer
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.
Gail Figueroa
Chief Administration Officer
Gail Figueroa, 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.
Claudia Maldonado
Chief Experience Officer
Claudia Maldonado, Chief Experience Officer
Claudia joined AMOCO in 2018 as the Vice President of Operations, bringing over 20 years of knowledge and experience to the role. She quickly advanced to Senior Vice President of Operations in 2020 and has dedicated much of her time to collaborating with branch operations, lending, and the contact center to ensure that the quality of service provided is exceptional.
Recently promoted to Chief Experience Officer (CXO), Claudia now oversees all branch and contact center operations. She is committed to ensuring a seamless omnichannel member experience across physical branches, the contact center, lending, and CUSO services. One of her key responsibilities is to enhance the credit union’s personal and business account products and services.
A native of Austin, Claudia lives in Sugar Land with her family. She holds a bachelor’s degree in business administration from Texas A&M University-Central Texas and an MBA from Texas A&M University. As part of her ongoing commitment to serving our local communities, she also serves on the Houston Chapter of Credit Unions Board and the HCA Healthcare Clear Lake/Mainland Hospital Board. In her spare time, Claudia enjoys playing pickleball, acting, and traveling to tropical destinations. Costa Rica and Mexico are among her favorite places to visit.
Jeremy Silva
Chief Financial Officer
Jeremy Silva, 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 / Senior Leadership
Tina Foster
Executive Vice President of Administration
Tina Foster, 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.
Darby McDermott
Executive Vice President of Operations
Darby McDermott, 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.
Nathan Ashworth
Senior Vice President of Technology
Kent Etienne Jr.
Senior Vice President of Human Resources
Keith Lotf
Senior Vice President of Accounting & Finance
Weston Tucker
Vice President of Audit, Compliance, and Legal Risk Management & General Counsel
Vice President Leadership Team
Summer Chapman
Chief Executive Assistant
Eric E. Davenport
VP of Member Support Services
Olivia Gill
VP of Operations Technology
Rachel Hunt
VP of Lending
Paul Ladd
VP of Infrastructure & Security Technology
Tabitha Lewton
VP of Training & Employee Development
Stacey Malbrough
VP of Marketing & Business Development
Joe McGinley
VP of Finance & Investments
Morgan Muraca
VP of Human Resources
Mike Payne
VP of Technology Services
Christopher Roland
VP of Business Intelligence
Fran Spencer
VP of Accounting
Krystle Ulhaq
VP of Branch Operations
Our Volunteers
Board of Directors
Ruben Torres
Chairman
Pat Tinsley
Vice Chairman
Chet Rich
Treasurer
Andre Parker
Secretary
Hedy Minter
Director
Ron Mullen
Director
J.R. “Rusty” Norman
Past Chairman
Roger D. McCrary
Director Emeritus
Tim Bulot
Honorary Director Emeritus
Bob F. Steel
Honorary Director Emeritus
(Posthumously)
Supervisory Committee
Hedy Minter
Chairman
Chris DeVries
Member
Sonny Tholcken
Member
Governance Committee
Craig Mason
Chairman
Renee Garland
Member
Richard Rennison
Member
Interested in Serving as a Volunteer Official?
All Volunteer Officials must be an AMOCO member in good standing. They should not have been convicted of any criminal offense involving dishonesty. Volunteer Officials must be unselfish, willing to act for the benefit of the members, and sincerely interested in helping 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.
