What is a Credit Union?
A credit union is a not-for-profit financial cooperative, owned and controlled by its members. A credit union's policies governing interest rats and other matters are set by a volunteer Board of Directors elected by and from the membership itself.

Credit unions, like other financial institutions, are closely regulated and operated. The National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration (NCUA), and agency of the federal government, insures deposits of credit union members at more than 9,000 federal and state charted credit unions nationwide. Deposits are insured up to $100,000.

To join a credit union, you must be eligible for membership. Each institution decides who it will serve. Most credit unions are organized to serve people in a particular community, group or group of employees, or members of an organization or association.

ACSFCU's History
ACSFCU was established in 1977 to meet the needs of a small group of educators. From a humble beginning, ACSFCU has grown into a full service financial institution with over 2,400 members. The simple credit union philosophy of "Members Helping Members" and the continued dedication of ACSFCU's Board of Directors to provide lower loan rates, higher interest rates on savings, and lower fees or no fees, has helped ACSFCU become a financial leader in the area.

ACSFCU's Mission
As a member owned, not-for-profit financial cooperative, ACSFCU is committed to our members. Our mission is to provide our members with the best possible financial services at competitive rates.