Concho Educators Federal Credit Union was chartered in 1941 to fulfill the financial needs of educators within Tom Green County. The initial field of membership for the credit union was limited to teachers and administrators employed by the San Angelo Independent School District. Soon the benefits of the credit union were recognized by other employees of San Angelo Independent School District and the surrounding five county school districts. They each requested and were granted full membership into the credit union.
In March of 2006, Concho Educators expanded it's field of membership to include all residents living in Tom Green County.
