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About Our Credit Union

As financial cooperatives, credit unions operate under a different set of rules than big banks. So what exactly is a cooperative? Here are 7 principles of cooperatives, as explained by the National Credit Union Foundation (NCUF) that make them stand out:

  1. Voluntary and open membership.
  1. Democratic member control.
  1. Member economic participation.
  1. Autonomy and independence.
  1. Financial education, training, and information.
  1. Cooperation among cooperatives.
  1. Concern for the community.

To learn more about the principles of a cooperative, check out this video by the National Credit Union Foundation (NCUF):