Raiz FCU Celebrates 90 Years of Service and Honors a Longtime Member

Raiz Federal Credit Union was recently recognized by the El Paso County Judge and Commissioners Court with a resolution commemorating the credit union's 90 years of service. The recognition celebrates Raiz's growth from its founding in 1936 as El Paso Teachers Federal Credit Union to a financial institution serving more than 78,000 members throughout the region. Through scholarships, educator professional development grants, community grants, financial education initiatives, and thousands of employee volunteer hours, Raiz continues to invest in the communities it serves.

Raiz Federal Credit Union leaders accept a resolution from the El Paso County Judge and Commissioners Court recognizing the credit union's 90 years of service to the community.

“For 90 years, our story has been intertwined with the story of El Paso County. We’ve grown alongside the community,” said Max Villaronga, president/CEO of Raiz Federal Credit Union. “We’ve always believed that strong communities are built through collaboration, and we’re honored that El Paso County recognizes that shared commitment.” 

The County’s resolution also recognizes initiatives such as the Spirit Debit Card Program, which has generated more than $215,000 since 2019 for local schools and community partners. Raiz’s work as a certified Community Development Financial Institution (CDFI) is dedicated to expanding financial opportunity and access in underserved communities as featured on the national reality TV series – Opportunity Knocks. 

Long-time Raiz Member Wins Trip to NYC
The credit union also recently surprised longtime member Dolores Tovar as the grand prize winner of the Raiz Sun and Sand Sweepstakes, awarding her a trip for two to New York City. The sweepstakes rewarded eligible members who used their Raiz Mastercard® during the promotional period, giving them opportunities to earn entries for a chance to win exciting travel prizes and Mastercard gift cards.

A member since 1976 and a retired educator, Tovar received the news with excitement. When asked what she planned to do first on her upcoming trip, she smiled and answered without hesitation: “The Statue of Liberty!” 

For more information on Raiz's impact over the last 90 years, see the following. To follow Tovar's and other members' journeys with Raiz, visit the credit union's Instagram page.