Our Community Credit Union (OURCU) is a not-for-profit financial cooperative in the state of Washington. It is OURCU’s mission to develop lifelong relationships by empowering our members, employees, and communities with personalized service to live their best financial lives. Founded on December 3, 1941, OURCU started its financial services journey as Simpson Employees Federal Credit Union. In Washington state, known for its booming timber industry, many seasonal loggers faced challenges in securing bank loans due to the unpredictable nature of their work. In 2006 the Credit Union changed its name to Our Community Credit Union to better reflect a growing and diversified member base. A few years later in 2010, following a successful membership vote, OURCU transitioned from a Federal Charter to a State Charter, expanding the field of membership to include anyone living, working, or going to school in Washington State, or an immediate family member of a current member, can become a member of OURCU. Unlike banks, credit unions are owned by their members and don't aim to make a profit. As a member, you are part-owner of the credit union! While we may offer similar products to a traditional bank, our philosophies and operational structure are completely different. When you open a savings account at OURCU, you become a member and an owner. This means you benefit directly from the OURCU’s success, allowing the Credit Union to offer better rates, lower fees, and higher savings returns. Community is the Credit Union’s middle name. OURCU is committed to supporting each community we serve through volunteerism, charitable donations, and free financial education tools to help each community member live their best financial life! Community Strong Since 1941
