TAPCO Wins Top Rating – Credits its Members After Receiving Highest Honor as ‘Safe Credit Union
TAPCO Credit Union says its members are the reason it once again earned the highest rating possible – 5 Stars – for strength and stability from BauerFinancial.
Tacoma, WA – TAPCO Credit Union says its members are the reason it once again earned the highest rating possible – 5 Stars – for strength and stability from BauerFinancial.
TAPCO was recently notified of its top honor for the second quarter in 2006.
That makes 30 consecutive quarters that TAPCO, www.tapcocu.org, has received the 5 Star rating from BauerFinancial, a respected credit union rating and research firm based in Coral Gables, Florida.
We have really special members in Tacoma and throughout Pierce County and we thank them for the opportunity to be of service since 1934,” said TAPCO CEO John Bechtholt. Were been proud to serve them with loans, home mortgages, IRAs, checking and savings accounts, and a host of other financial services.”
The 5 Star rating recognizes TAPCOs strength as a financial institution.
TAPCO is also a leader in taking every possible precaution to protect against identity theft while maintaining the privacy of its members.
TAPCO has always been committed to the safety of our wonderful members and were committed to earning their trust,” said TAPCO Vice President Gwen Terry.
TAPCO serves more than 24,000 members from five offices in Pierce County. A new branch is coming soon in Gig Harbor. The main branch telephone number: (253) 565-9895.
TAPCO Credit Union started in 1934 through the hard work and efforts of nine City of Tacoma employees.
These nine employees realized that traditional banks and savings institutions were formed to make money for their owners. With this underlying purpose, it was sometimes hard for traditional workers to receive the help they needed.
The nine founding members created a cooperative institution dedicated to working for people, a not for profit financial institution also known as a credit union.
As word of the new credit union spread, membership grew. Employees from Pierce County and more than 200 businesses, associations and communities eventually signed on as approved member groups – providing the benefits of credit union membership to their own employees and members.
Today, over 24,000 people belong to TAPCO. Each member has learned firsthand about the advantages of belonging to a nonprofit financial institution. You can be a member too.
As a cooperative, each TAPCO member is also an owner and has a voice in how the credit union operates. That voice keeps TAPCO focused on the founding members' vision of "People Helping People."
While maintaining a professional staff to run daily operations, TAPCO's governing policy is set by the Board of Directors, a group of hard-working volunteers elected annually by members.
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