Credit Union History The Credit Union was chartered on March 15, 1957 as a member owned Credit Union. The Credit Union members are the owners of the institution. We have no outside stockholders, so therefore after our reserves are set aside the earnings are returned to the members in higher dividends on savings and lower interest rates on loans. The Credit Union Board of Directors and Credit Committee are elected by the members and each member has an equal vote, regardless of how much he or she has in their account. |
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