Benefits

The Credit Union Difference

“Not for profit, not for charity, but for service”

The credit union foundation is “people helping people”, members are the heart of the credit union. The motto “Not for profit, not for charity, but for service” captures the essence of our credit union. No one person or organization can own a credit union, our members are our owners. You really are your own banker.

In 1934 President Roosevelt signed the Federal Credit Union Act authorizing the creation of federally chartered credit unions in all states. Its purpose was to make credit available and promote thrift through a national system of nonprofit, cooperative credit unions.

We are members of the National Credit Union Administration (NCUA), an independent federal agency that charters and supervises federal credit unions. The agency empowers credit unions to provide access to affordable financial services to the underserved so members may achieve financial self-sufficiency and realize dreams of owning a home or small business. Backed by the full faith and credit of the U.S. government, NCUA runs the National Credit Union Share Insurance Fund to insure members’ deposits.