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AMOCO wins Large Business of the Year Award
Thursday, February 7, 2019 6:55 AM

Shawn Bailey
Shawn Bailey

AMOCO Federal Credit Union was awarded the first Large Business of the Year Award by the Texas City – La Marque Chamber of Commerce.

AMOCO has seen incredible growth in the past 80 years. Once considered a small business, the credit union has grown from $28,000 in assets in 1937 to nearly $1 billion in assets in 2018. AMOCO has gone from 176 members to nearly 85,000 and from one branch to 10.

AMOCO’s growth and expansion would not be possible without the leadership of its board of directors and President/CEO Shawn Bailey. Their involvement in the community and their belief in giving back has played a vital role in the success of the credit union. AMOCO looks forward to continuing its growth and financially serving the people in its community.

In 2018, AMOCO was also voted Best Credit Union and Best Mortgage Lender by Galveston Daily News readers, and Best Loan Store by the readers of The Alvin Sun & Advertiser.

About AMOCO Federal Credit Union
AMOCO Federal Credit Union is a member-owned cooperative organization. AMOCO’s mission is to serve the financial needs of its members, which it has done for more than 80 years. AMOCO strives to provide the best products and services available to its members by offering low loan rates and little to no fees. Learn more at