WHAT IS A CREDIT UNION?

A credit union is a member (customer) owned financial cooperative that:

  • Offers financial services at competitive and fair rates

  • Provides member communities access to affordable, reliable and self-sustainable financial services

  • Is democratically controlled by its members

  • Operates as a not-for-profit organization

A credit union is very much like a bank and offers many of the same services.

 

Credit unions provide financial services to consumers, businesses, & other entities. The most common offerings are:

  • Share (Savings) Accounts

  • Checking Accounts (including ATM/debit cards and online bill payment)

  • Certificates of Deposit (CDs)

  • Loans (Auto, Home, & Personal)

  • Credit Cards

  • Cashier’s Checks, Certified Checks, and/or Money orders

  • Notary Services

Once established, we will operate under a set of principles adopted in 1995 by the International Cooperative Alliance - 

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