
A Valuable
Employee Benefit
Credit union service is one of the
most popular “fringe benefits” you
can offer your employees. Although
the employees often consider credit
union membership a company benefit,
credit unions are self-supporting
and operate independently so there
is no cost or financial risk to your
organization.
A credit union is a not-for-profit,
financial cooperative, owned by its
members. Credit unions have helped
people build better lives by
providing consumer education, a safe
place for members to put their
savings, and access to loans at
reasonable rates.
Services provided by a credit union
usually compliment your
organization’s benefit package. The
savings, loan and transaction
services provided by a credit union
can be an excellent addition to your
insurance, investment and retirement
plans.
Direct deposit and payroll deduction
are two of the most popular services
the credit union provides. It makes
it easy for members to save or to
make loan payments automatically,
and can help make other credit union
services more convenient. Servicing
direct deposit and/or payroll
deduction is simple and economical
for your organization.
- Providing low-cost financial
services with rates and terms that
often are better than those at other
financial institutions.
- Making loans easier to obtain by
considering an individual’s
character as well as collateral and
by making smaller loans than other
institutions.
- Employees perceive a
company-based credit union as an
excellent fringe benefit.
- Encouraging them to save regularly.
Helping educate them about sound
personal financial habits.
- Offering financial planning and
counseling.
- Eliminating requests for pay
advances and check-cashing services.
Through education, and promoting
savings and the judicious use of
credit, credit unions help members
take charge of their finances and
achieve financial stability.
If you would like to offer your
employees this FREE benefit, please
fill out the form below and a
Business Development Specialist will
contact you.
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