Unlike other financial institutions, our credit union is owned and run by its members. Volunteers make up the Board of Directors, who manage and handle the business and operation of the credit union. The Supervisory Committee makes sure the credit union is run in compliance with federal, state, and accounting regulations consist of your peers. A credit union is a financial cooperative, organized under state or federal law for people who belong to a common group. People working for the same employer, people who belong to the same church, military post, labor union or people who live in the same community.
Credit unions offer many of the same financial products and services as banks.
But, since a credit union is a non-profit organization, its sole purpose is not to make huge profits like a corporation. Credit unions are committed to service, and have been since their beginning in 1852. These guiding principles of the early credit union movement are still alive today. Credit unions may look like banks in many ways, but their primary purpose hasn't changed since 1852 - service to members. Service is found in the form of lower fees on other products.