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Credit Unions Are Focused On Serving You!
Authored By: Rachel Finney on 3/23/2020

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Credit Unions Are Focused On Serving You!

Credit Unions gained popularity in America in response to a famous downturn in the country’s economy, The Great Depression. In 1934, President Franklin Roosevelt signed the Federal Credit Union Act in order to “make credit available and promote thrift through a national system”.

Fast forward decades later, credit unions helped our members out of the Recession of 2008 by putting our members needs first and offering loans and mortgages, which many other financial institutions were unable to do at the time.

Our current situation is no different. COVID-19 may be changing the way in which we interact with the world but one thing remains the same: your credit union is here for you!

Credit unions have a unique commitment to helping our communities, local businesses, and the people that make up both. As not-for-profit organizations, we don’t answer to shareholders, we are member owned and operated. We exist to serve you, even during the hardest of times. If the COVID-19 pandemic is causing you financial hardship, please call our Contact Center to discover ways Members First Credit Union can help.

Don’t forget, your money is safe, and your accounts are fully insured by the National Credit Union Share Insurance Fund (NCUSIF) up to $250,000. There is no risk to keeping money in your account, but there are countless risks to holding cash.

Thank you for being a member of Members First Credit Union. We are proud to be a part of the credit union difference and we hope you are too!

 

 



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Members First Credit Union | P.O. Box 2165 | Midland, MI 48641
Phone 855-835-MFCU (6328) | mail@mfcu.net

Federally insured by NCUA.
We do business in accordance with the Fair Housing Law.