From saving and borrowing to making everyday payments, we're here for you—every step of your financial journey. So, what makes credit unions different?
1st UCU offers the same products as banks, but we don’t have any outside owners or shareholders. Just like when the credit union was formed, members pool their money by making deposits into their savings, checking, money market, and/or certificate
accounts. That money is then loaned to members so they can purchase the things they need and want, like automobiles, homes, and more. But because we do not have outside owners pressuring us to make more and more profits like banks do, we can set our rates (dividends on deposits and interest on loans) and fees to best benefit our members while maintaining the financial security of the credit union. That means our profits are reinvested in you, giving you more for your money. This means better rates, better service, and your ability to achieve your goals sooner. Our NMLS # is 753866.
