In October, 1952, R.V. Welch, Postmaster with the U.S. Postal Service in Lufkin, Texas was contacted regarding the organization of a credit union to service Federal Employees in the area. Mr. Welch then begins his plight by discussing and recruiting other employees. On December 1, 1952 ten U.S. Postal employees were notified by the State of Texas Department of Banking that the application for charter was granted on November 26, 1952, Charter # 248. Mr. Welch was the first member and serving in various capacities of the credit union for numerous years. On December 8, 1952 the first meeting was held, board of directors, supervisory audit committee members were appointed.