Why choose a credit union?
Maximizing Benefits, Not Profits
Banks are for-profit institutions that are legally obligated to maximize shareholder profits. Credit unions, like America’s First Federal Credit Union, are member-driven. Our primary obligation is to serve our members, not to maximize profits. This allows us to offer higher rates of return and lower interest rates than many banks are capable of offering.
Serving Our Community
We’re a cooperative of community members who come together to offer each other great financial products and services. In fact, our board of directors is made up of credit union members who volunteer. Our President reports to this board. Over 167,000 community members trust us to offer great rates for loans of all kinds.
Protecting Your Money
We’re also committed to protecting your money. America’s First is a full-service credit union with a 5-star “superior” rating from BauerFinancial, a nationally recognized rating agency for banks and credit unions. All of our share saving and checking accounts are insured up to $250,000 by the National Credit Union Administration (NCUA) and up to an additional $250,000 by Excess Share Insurance (ESI).