In 1957, Cicost Federal Credit Union was established in the basement of the Sherman Police department servicing our city, county and state employees. Several years later in the late 1970's, Cicost expanded its membership to include employees of several select businesses within Grayson County.
For over 50 years, Cicost serviced only these select groups. Then, in September 2010, Cicost expanded once again to adopt a community charter, allowing it to offer membership to citizens that live, work, pray or attend school in Grayson County while still servicing its select employee groups. A tradition of excellence had begun.
Today, Cicost provides full financial products and services to over 3000 members. The Credit Union operates one main branch and currently manages over 19.2 million in assets.
Cicost's mission is focused on meeting all financial expectations of its members and improving the well-being of the community it serves.
Cicost Federal Credit Union is in a constant state of growth within the financial industry. Cicost focuses on providing members with every convenience while still providing undivided personal attention and service. Cicost strives for complete member satisfaction by operating with utmost integrity, respect and accountability, not only to its members, but within the credit union itself.