A Federal Credit Union is a nonprofit, cooperative financial institution owned and run by its members. Organized to serve, democratically controlled Credit Unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one-another. Members elect the volunteer board that runs each Credit Union. Not for profit, not for charity, but for service is a Credit Union motto.

The Texas Associations of Professionals Federal Credit Union (TAP FCU) is a non-profit financial organization owned and operated by its members for the benefit of all who belong. TAP FCU is a financial institution dedicated to providing its members an efficient, economical source of confidential credit and promoting thrift through a convenient, systematic savings plan. All profits received from loans to members and other investments made with shares (savings) deposited by the members are returned to those members in the form of dividends or other benefits after expenses are paid and legal reserve are set aside. The credit union does not profit, its members do.

Our charter was granted by the National Credit Union Administration (NCUA) on August 31, 1978. The Credit Union is regulated and supervised by this federal agency. On April 27, 1988, the Credit Union Board of Directors, after receiving approval from the NCUA, voted to change the Credit Union's name from San Antonio Board of REALTORS® Federal Credit Union to Texas Associations of Professionals Federal Credit Union (TAP FCU). This name more accurately reflects our current membership.

A Credit Union is designed to meet the needs of a specific group of people within a certain occupation, organization or other activity that creates a common bond. At TAP FCU, this common bond includes REALTORS®, Builders, and Independent Insurance Agents. Credit Union membership is extended to those members' employees and immediate families. "Immediate families" include grandparents, parents, husband, wife, children, grandchildren, brothers, and sisters.