Today, more than 100 million Americans are using credit unions because they offer the same financial products and services as banks. They truly are full-service financial institutions. Plus, because of the way credit unions are structured, they can offer members competitive rates on savings accounts and loans.
BECOME A MEMBER, BECOME INVOLVED
Credit unions are nonprofit organizations owned by their depositors. When someone opens an account at a credit union, they become a member as well as a customer. Members have input into business decisions, share in business success, and help the credit union give back to and improve the communities where they work, live, learn, and worship.
KEEP YOUR MONEY SAFE
Your money is safe with any federally-insured financial institution. Deposits entrusted to credit unions are federally insured up to $250,000 by the National Credit Union Administration (NCUA). Like the Federal Deposit Insurance Corporation (FDIC), which insures most bank deposits, the NCUA is an independent government agency created to protect depositors. This insurance does not cover money that you have in investments.
BE A PART OF SOMETHING BIGGER
Credit unions are inherently community-based. They enjoy serving members and neighbors by donating their time, talents, and funds. They’re deeply committed to helping everyone in their community thrive, so they provide many online financial literacy resources in addition to one-on-one individual attention. Most credit union members join with a small deposit into a share or savings account, so they immediately enjoy great rates.
At MAX, anyone who lives, works, worships, or attends school in its growing service area, or is a relative of a MAX customer, is eligible to join. Upon joining, members become an integral part of something bigger — an organization that exists for the benefit of its members and the communities it serves.
Kammey McCord is a Sales and Service Manager and Relationship Consultant at MAX Credit Union. Kammey has worked at MAX for 13 years and has served in several leadership roles with community and civic groups during that time. She is a graduate of Auburn University Montgomery and Troy University. Kammey and her husband reside in Prattville with their two sons.