The credit union was first formed by 15 La Joya ISD teachers who applied to the National Credit Union Administration for a charter - each paying a $20.00 fee. Approval for the charter was granted on December 5, 1961.
Daniel Zamora was elected treasurer, and he took over operations. He recruited members, disbursed loans from his briefcase, and took deposits during his lunch breaks and after school. Mr. Zamora was paid a salary of $3.00 a month for his services. Mr. Zamora still serves on the Board of Directors.
Erasmo Ramos Jr. is the credit union's President/CEO. La Joya Area FCU continues to thrive after 50 years. Today, the credit union has over 16,000 members, and has an asset size of $44,000,000.00. La Joya Area Federal Credit Union has humble beginnings, and continues to have a family atmosphere.
Last updated June 2012.