One big difference between your credit union and other financial institutions is that when you're a member of our credit union, you're one of the owners! Your credit union is owned by its members.
Since First Trust Credit Union is a not-for-profit organization, the rates for services are very favorable. You can expect to earn higher rates on your deposits and borrow at lower rates and lower fees than competitors.
Also, at a bank, only people who own stock can vote for the Board of Directors and their customers do not have a say. At a credit union, the members elect fellow members to serve on the Board of Directors.
In January of 2006, First Trust Credit Union paid its members a bonus of over $60,000 over normal dividends. This bonus payment is a result of the earning level and stability of the credit union.
Our credit union is always looking out for you, our member, in providing the best possible services, rates and giving you the best value for your money.
Equal Housing Lender