We don’t have stockholders. Every member has equal ownership of the credit union and a vote to elect our board of directors.
We’re not-for-profit. Earnings are shared with members in the form of lower rates and fees, and higher interest paid on deposits.
Through the credit union network, members are able to take advantage of discounts from well-known companies.
While our story didn’t start until 1954, credit unions have been around since the early 19th Century with the idea that ordinary people could pool their money and make loans to each other. Thanks to people like Hermann Schulze-Delitzsch, Friedrich Wilhelm Raiffeisen, Alphonse Desjardins, Peirre Jay, and Edward A. Filene, who introduced credit unions to the United States and Europe, the credit union movement has grown to become one of the strongest financial networks in the world—serving over 235 million members worldwide.