Offering personal lending and financial services to CPS Energy® employees and their families since 1938

Federal Credit Union San Antonio | IBEW Credit Union | CPS Credit Union


The holidays can be a stressful time of year—especially when it comes to money—but it doesn’t have to be. Use the gift of the season to create money-saving opportunities that can last all year long. CPS IBEW FCU can help with the following gifts that keep on giving.

Family Membership

Credit unions are a great alternative to big-box banking, but the perks aren’t available to everyone. While we exclusively serve CPS Energy employees and families, did you know:

•    Once joining, you’re a member for life, regardless of your employment status.
•    When you become a member, your family is also eligible for membership, including extended family. Aunts, uncles, cousins, nieces, nephews, grandkids (and their spouses!) are all welcome.

Go ahead, bring it up at the holiday dinner table. Let your family know that they’re welcome to the resources and benefits available exclusively to CPS IBEW FCU members. Right now receive a $5 Starbucks gift card once a referred family member opens an account with a debit card (they’ll get a gift card, too!).

Recreational Vehicle Loans

It’s not too early to plan your family spring break or summer road trip or vacation. If you dreamed of owning your own recreational vehicle one day, that dream might be closer than you think. Our members have access to pre-approvals on loans for boats, jet skis, RVs and more, featuring highly competitive rates and fast closing. Why not turn your dream into a holiday gift the entire family can enjoy?

Youth Savings Accounts

Kids often receive cash from relatives this time of year. A few bucks here and there can add up when given a chance. Use the opportunity to teach your child how to save and grow their money by opening a youth savings account for them. These accounts require no minimum balance, have no monthly service fees, and pay monthly dividends. It’s a great way to “hide” money away for whatever big dreams your child has in the future. Santa would approve.

Christmas Club Account

Why not save for holiday expenses all year long? Our Credit Union members can set up a Christmas Club Account that pays even higher dividends than a regular savings account. Optional payroll deductions, auto-transfers or reoccurring transfers through a home banking account make saving for the holidays a no-brainer. Plus, funds are automatically transferred to your savings account on November 1 so they’re ready to help you hit the holiday sales (there's a penalty for withdrawing funds before that date).

More Holiday Promotions

It’s not too late to take advantage of other ways we can help you score a little more spending money. Ask us about our $500 fast cash loans, larger holiday loans available through December 31, Skip-a-pay program, and discounts on great stocking stuffers like SeaWorld San Antonio and Schlitterbahn tickets. Stop into your closest branch and ask about these and other programs.

Take a deep breath. Don’t let the chaos of the season overwhelm you. Spend responsibly, save where you can, and spread the love by introducing family members to the many benefits an exclusive Credit Union membership can offer. We’re all in this together. Happy holidays!

Photo by Ben White on Unsplash