Non-Profit and Member Owned...

A credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. It is member-owned and controlled through a board of directors elected by the membership. The board serves on a volunteer basis and may hire a management team to run the credit union. The board also establishes and revises policy, approves dividend and loan rates, and directs certain operations. The result: members are provided with a safe, convenient place to save and borrow at competitive rates at an institution which exists to serve them.