What is a Credit Union?

What is a Credit Union?



The credit union cooperative concept originated in Germany during the mid-1800s. A group of farmers, tired of high prices and outrageous interest rates, combined their money to buy supplies and establish a common pool for members to borrow from at lower interest rates.

Today's Credit Unions are similar.

A Credit Union is a member-owned and not-for-profit financial cooperative. Deposits provide money for members who need loans. Members usually earn higher dividends on savings and pay lower interest rates on loans.

Although Credit Unions have changed over the years to meet the demands of their members, our long-standing philosophy of people helping people has remained the same.




Quick Links
Forms
Apply for a Loan Now
Mobile Banking App
Internet Banking/Bill Pay
Report Lost/Stolen Card
ATM Locations
Rates
Type APR*
Personal Loan SPECIAL6.49%
10 Year Fixed Home Equity3.99%
New Auto up to 60 months2.49%
Type APY**
Financial Freedom Account0.35%
14 month Certificate0.652%
48 month certificate1.005%
* APR may vary month to month based on the Prime Rate. All rates disclosed are dependent on your credit rating. Other rates and terms may apply, please contact the credit union for details.
** APY as high as amount shown. APY=Annual Percentage Yield. Rates subject to change.