Unity one federal credit union

A credit union is a cooperative financial institution controlled and owned by people who use its services. These people are members. Credit unions to serve people who have something in common, such as where they work, live or go to church. Credit unions are nonprofit and exists to provide a safe and comfortable place for members to save money and get loans at reasonable rates.

Credit unions, like other financial institutions that are closely regulated. And they work in a very prudent. If we talk about the National Credit Union, then it Share Insurance Fund, administered by the Administration, an agency of the federal government, insures deposits of members of the credit union for credit unions and federal statutes of the national stateMember deposits are insured up to $ 250,000.

Credit Union idea is simple: people should be able to join and give money to each other. The idea has developed cooperative efforts in the 19th century. Since then, the guiding principles of the idea remains the same:

• Only persons who are members of the fund must borrow it.

• Loans are made for "prudent and productive" purposes.

person's desire to return (character) is considered more important than the ability (income) to pay. Members are, after all, borrowing their money and their friends.

Like banks, credit unions accept deposits and make loans to its members. But unlike banks, credit unions are nonprofit and are primarily interested in serving the needs of its members. The major banks are interested in maximizing profits and providing a good return for shareholders.

It's easy to join and it only takes $ 5.00. The share of $ 5.00 indicates that you have and give a voice to the annual Board elections. After that, you will receive access to a wide range of services designed specifically to meet your financial needs. The Union will credit your account information is licensed for use with Quicken Online services, but we do not provide technical support. If you have any questions or concerns, please contact Quicken Online services directly. Federal Financial Institutions Council Review, has proposed a multi-factor authentication guidelines for credit unions and the credit union is implementing increased security measures to protect your personal account information online and all credit union.

What makes is different the Great rates, low rates and quality service - is what makes the unit a better choice among the other credit unions and banks. We work hard to ensure our members get the best prices and services on whether a loan, savings or free checking, you can be assured of a batch unit.