Safety and Soundness

The Credit Union’s relationship with its members begins with trust.  Making sure your deposits are safe sound and secure is at the core of the credit union’s mission.  We do that by sticking to the basics, making safe investments, employing careful financial controls and by having federal deposit insurance.

All deposits in Massachusetts credit unions in are insured up to $250,000 by the National Credit Union Administration (NCUA) an agency of the federal government.  This deposit insurance provides protection that is identical to that of FDIC.  Both are guaranteed by the full faith and Credit of the United States Government.

Personal Attention

Credit unions are institutions that are made up of people, our members.  Each and every one deserves to be treated with courtesy and respect.  They also deserve to be treated like individuals and served with a careful attention to what financial products will suit their needs.  One of the reasons that credit unions are well suited to providing this kind of personalized attention is that the people who work at your credit union are part of the community.  They also know member satisfaction is their priority.

History and Future

The first credit unions in the nation started here in New England a little over 100 years ago.  Massachusetts was the first state to pass a law allowing credit unions to form.  The idea was a simple one.  People couldn’t find a place to borrow at fair rates so they pooled their money and made loans to each other.  A century later the same basic concept applies.  The products and systems are a lot more sophisticated as are your financial needs to credit unions are still really all about “People Helping People.”

Because we are all about people, unlike the national and international megabanks, we don’t come and go from your city or town searching for greater profit.  We understand that our relationship with you is just that it’s not an asset to be swapped around to the highest bidder.