Our credit union originated in 1953 as TABCO Federal Credit Union. At that time, our assets were only $5.00 contained in a cigar box, and the credit union's base of operation was the home of our first president, Matthew Tress. However, TABCO soon began to grow and by the end of the first year, $5.00 had grown to $2,300. TABCO was originally created to serve Baltimore County School System employees, and the Baltimore County Schools provide a substantial portion of our membership to this day.
Many changes and significant growth has occurred since 1953. Our name has changed twice, and the location of our main office has been moved repeatedly. We have opened new branches, added more and better services, and expanded our field of membership to include many private schools, colleges, businesses, and hospitals. Through all these changes, our goal remains the same - to offer our members the best financial services available.
Since 1953, we have been able to offer many increased benefits to our membership due to our excellent financial health and growth rate.
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