Our Purpose & Credit Union Principles
We exist to serve the financial needs of our account holders and our communities. As a not-for-profit financial cooperative, we are owned and operated by and for our members. This status enables us to operate at a lower cost than for-profit institutions, and provide many valuable financial resources, programs and services, including:
- Free adult and youth financial education classes and programs
- Free budget and financial counseling services
- Employee volunteerism benefiting community-driven causes and nonprofit agencies
- Low cost, high quality products and services geared towards helping members achieve financial success
Credit Unions Follow These Principles:
Not-for-profit—We exist to serve our members, not to make a profit.
Ownership—Credit unions are an economic democracy whereas each member has equal ownership and voice.
Elected Boards—Every credit union is governed by a board of directors, elected through the membership.
Membership Eligibility—By federal statute, credit unions cannot serve the general public; people qualify through their county of residence, employer, or organizational affiliations.
Financial Education for Members—Through specialized programs, credit unions assist members to become better-educated consumers of financial services.
Social Purpose: People Helping People—This is the founding philosophy among all cooperatives. Our goal is to serve our entire field of membership well – every member counts. This ‘people-first’ mindset empowers our members and employees to get involved in many charitable activities and worthwhile causes.