Firstmark Credit Union

Firstmark Credit Union, founded in 1932, has been dedicated to "Helping members better their lives and businesses" since its inception. Originally established as San Antonio Teachers Credit Union (SATCU) during the Great Depression, it provided financial services exclusively to educators. Over the years, it underwent a transition and expanded its membership qualifications to cater to a broader community, leading to its rebranding as Firstmark Credit Union in 2002. Today, the credit union remains deeply committed to the education sector, priding itself on being a cooperative founded by educators for educators. With over $1 billion in assets and a membership base exceeding 97,000 individuals, it operates as a member-owned, not-for-profit financial institution. The institution's dedication to the education community reflects a strong sense of social responsibility and underscores its local roots. As a federally insured organization, it serves as an Equal Housing Lender, providing a range of financial services, lending, and investment products. The company's longevity and focus on serving its local community could position it as an attractive investment opportunity for venture capital firms looking to support sustainable and socially responsible financial institutions. With its strong asset base and significant membership, Firstmark Credit Union presents an intriguing prospect for potential investors seeking to align their portfolio with organizations that prioritize community impact and member-focused financial services. Overall, the credit union's historical resilience, community-centric approach, and financial stability make it an entity of potential interest within the financial services and banking industries.