TDECU, Smart Financial Credit Union announce intent to merge, forming $6B ‘member-focused’ institution

TDECU—Houston’s largest credit union—and Smart Financial Credit Union—one of the city’s oldest—announced plans to merge, according to an Oct. 22 news release, combining their legacies under a shared mission to strengthen communities and expand member opportunities.

Marking a milestone

Pending regulatory approval and a member vote by Smart Financial, the merger is expected to be finalized in early 2026. The combined credit union will hold nearly $6 billion in assets and serve more than 460,000 members across Texas through a network of 48 branches, per the release.

TDECU President and CEO Isaac Johnson will lead the merged organization, while Smart Financial CEO LeAnn Kaczynski will serve as chief integration officer for one year to oversee the transition.

“Stronger together,” Johnson said in the release. “This partnership isn’t just about growth—it’s about purpose. By uniting two trusted institutions, we can expand services, deepen community investment, and deliver even greater value to our members.”

Kaczynski added that the merger builds on years of discussion and shared goals.

“Combining our teams positions us to create something very special,” she said in the release. “It’s a strategic partnership that brings out the best of both organizations.”

Also of note

TDECU’s ties with the University of Houston, Houston Texans and Buc-ee’s will join Smart Financial’s work with Smart Financial Centre and local charities through the Smart Financial Foundation.

Members of both institutions will see no immediate changes to accounts or services during the transition, according to the release.