Texans Credit Union breaks ground on second McKinney branch

Texans Credit Union has broken ground on a second McKinney branch, a $3 million project at 3950 W. University Drive that points to growing demand in one of Collin County’s fastest-expanding cities.

The new site gives Texans Credit Union a second McKinney location alongside its existing full-service branch at 3174 S. Hardin Blvd., where the credit union already offers checking and savings accounts, loans and mortgages. The new branch is planned as a deeper service point, not just a teller window, with banking, lending and investment support aimed at north McKinney households and nearby workers.

The project is also notable inside Texans Credit Union itself. Founded in 1953 by 11 Texas Instruments employees, the credit union had about $2.39 billion in assets, about 137,855 members and 11 branch locations as of Sept. 30, 2025. The new McKinney location will be its first new branch in almost two decades, a rare step that signals confidence in sustained growth north of Dallas.

A Texas Department of Licensing and Regulation filing lists the project as new construction starting Jan. 30, 2026 and finishing Oct. 31, 2026. Texans Credit Union previously said the branch was expected to open in early 2027.

The timing fits McKinney’s population surge. The U.S. Census Bureau estimated the city’s population at 236,001 on July 1, 2025, and the city put the figure at 237,130 as of Jan. 1, 2026. The city also reported a median household income of $120,273, numbers that help explain why lenders see McKinney as a strong market for deposits, mortgages and everyday banking relationships.

In February, Texans Credit Union president and CEO David Frazier said McKinney is “one of the fastest-growing areas in North Texas,” adding that the new location reflects the credit union’s commitment to meeting members where they live, work and raise their families. The branch is also expected to help serve employees of Raytheon, a major McKinney employer, while giving north-side residents closer access to in-person financial services.

That matters in a city where new homes, retail centers and office space keep pushing farther outward. Texans Credit Union also launched its First-Time Homebuyer Program in August 2025, with three pathways to homeownership, a useful option for families trying to enter a housing market where affordability remains a concern. For McKinney, the new branch is another sign that population growth is reshaping where financial institutions choose to plant their flag.