Welcome:
Welcome to Dubuque Teachers Credit Union! We are excited that you have chosen to learn more about our Credit Union.
Dubuque Teachers Credit Union is the only financial in the tri-state area fully dedicated to serving the financial needs of educators and others in the education field. By joining the credit union, you do not become a customer, but a member and an owner. We are proud of our rich tradition of over 75 years of service to the education community.
The Board of Directors and the staff of Dubuque Teachers Credit Union are dedicated to providing you with personal, reliable, and efficient service. We will strive to know you by name, not by a number.
Please contact us and let us know how we can assist you reach and exceed your financial needs and goals!
Field of Membership:
Any educator or support staff of any educational institution from day care through college is eligible for membership. You do not have to live in Iowa to be a member, but your educational institution must be in one of the counties served by the Keystone Area Education Association and the JDC Uni-Serve Unit and their families. These counties include Allamakee, Chickasaw, Clayton, Clinton, Delaware, Dubuque, Fayette, Howard, Jackson, Jones, and Winneshiek.
Encourage your whole family to become members at DTCU! Any family member including cousins can join and share in all the benefits of membership.
History:
Early in 1934, a group of teachers from the Dubuque Community Schools met to begin the process of organizing a credit union to serve what they perceived as an underserved, dedicated, and stable group of employees with a great financial need not being fully met by the financial community of Dubuque.
The actual organization began in May 1934 with a small group of teachers which had grown to 55 members with total deposits of $390.00 including the $0.25 individual membership fee. Lester Becker became the first treasurer who would serve until September 1969.
In January 1942 the by-laws were amended to include all Dubuque School system employees with an annual contract. In 1962 members were allowed to retain membership if they left school system employment and in 1966 members were allowed to continue a loan relationship if they left the school system employment.
In 1969 Ted Stapleton became the second Treasurer of the Credit Union
In 1970 Payroll Deduction with the Dubuque School System was instituted and in 1975 the Credit Union began to offer Life Savings along with Loan Protection insurance.
In October 1976, Sally Miller became President/Treasurer and at that time the Credit Union had 341 members and assets of $183,045 of which $35,000 was borrowed.
In 1978, Share Savings Insurance was provided by the National Credit Union Association. In that same year; Loras College, Clarke College, and the University of Dubuque were added to the field of membership. In 1982, Western Dubuque Schools and Keystone Area Education Association were added to the field of membership. In 1984, all public and parochial school were added to the field of membership followed by adding all member of the JDC to membership in 1988.
In May of 1986, the office was moved from the President's home to Kennedy Court West and a second employee was added.
Credit Union services like ATM Cards, Share Draft Accounts, and ACH - Automated Clearing House electronic transactions were added as the Credit Union continued to grow.
In 2005 the office at 1200 Associates Drive was opened as a result of a CUSO (Credit Union Service Organization) formed with Alliant Credit Union and Health Services Credit Union.
By the time of Sally Miller's retirement in late 2009, services such as; GAP insurance, Vehicle Maintenance Contracts, Online Home Banking, Electronic Statements, and Credit Card service had been added.
