A Credit Union is a Cooperative
A financial cooperative, such as Members Advantage Community Credit Union, is organized for the objectives of:
- Providing financial services at fair and reasonable rates and fees
- Encouraging responsible financial activity and thrift
- Allowing members/owners to use and control money for the mutual benefit of all MACCU members, the credit union itself, and the community at large.
Each of our 12,000 plus members owns a share in the Credit Union, meaning they have a say in how we run our business. We have a democratically-elected Board of Directors which set the direction and priorities of the Credit Union. Regardless of the size of your deposits, each member receives one vote.
With 60 years in the community, our roots are firmly planted here. We have a vested interest in ensuring we do our best to grow together and make our communities strong and vibrant.
Your savings are insured up to $250,000 per account by the National Credit Union Administration, an agency of the United States Federal Government. The National Credit Union Administration (NCUA) is the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF, like the FDIC’s Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the U.S. Government.