Information about your Three Rivers Community Credit Union ....
A Credit Union is a nonprofit financial cooperative designed to promote thrift savings and provide credit at a reasonable cost to many. As a nonprofit entity, a credit union is a tax exempt, which helps it maintain its legacy as, "The Low Cost Lender". When a Credit Union realizes a profit, it must be reinvested into the Credit Union. This in turn, leads to higher divided rates on savings and lower interest rates on loans.
At a Credit Union, you are more than just a customer or a client; you are a member and owner. Each member receives a vote to elect a volunteer board, which sets the policies.
Credit Unions are created by people with a common bond, whether it be occupational or geographical. The National Credit Union Administration has been the insuring body for Credit Unions for over 25 years. In those 25 years, the N.C.U.A. has never used funds from taxpayers to "bail out" a Credit Union
Credit Unions today are often full-service financial institutions offering the same services as most large banks. However, Credit Unions always remain focused on their mission of people helping people...