Philosophy & Structure
Watch this short video to learn more about the philosophy & structure of your member-owned credit union!
The credit union is a financial institution owned and controlled by its members. The Board of Directors is elected by the membership and serves without compensation.
Your credit union has no outside stockholders. Earnings, after reserve transfers, are returned to the members directly through dividends paid on shares. Part of those earnings are returned indirectly through competitive loan rates and low-cost services.
Committed to Helping the Community
"Credit Unions for Kids" gives credit unions and their members an opportunity to contribute to the Children’s Miracle Network Hospitals. This collaborative effort, which is driven by a “people helping people” philosophy, includes individual credit unions; local chapters; state leagues/associations; two national trade organizations; business partners and several trade publications.
The program was introduced nationally in 1996 and since that time the credit union movement has raised more than $80 million for affiliated children’s hospitals. Annually, credit unions are the third largest “corporate” contributor to Children’s Miracle Network Hospitals behind only Wal-Mart and Costco.