Superior Choice Credit Union

Description

As a credit union, Superior Choice Credit Union is a member-owned cooperative. Our purpose is to promote thrift among our members and to make loans to members from these collected savings. SCCU is not in business for profit. Service to our membership is our only mission. In this sense, we are a unique financial institution. We are a corporation insured by the federal government through the National Credit Union Administration (NCUA). The NCUA insures member share accounts up to $250,000 per member. The NCUA is the most secure and strongest of the federal savings insuring agencies. This offers peace of mind for our members in these times of uncertainty. To read more about the NCUA's plan for Corporate Credit Union Stabilization Plan, please click on this pdf link: NCUA's Corporoate Plan . At SCCU, we encourage our members to save so they can build economic security for themselves and their families. In addition, we provide consumer and home mortgage loans. Beyond these basic groups of services, our members enjoy many other money-saving and convenience-oriented advantages and benefits. The State of Wisconsin granted a charter to organize SCCU on February 17, 1932. Control of our credit union and its management is in the hands of our members. Once a year our members elect a Board of Directors at their annual meeting. Each member gets one vote, regardless of the number of shares they own. One person, one vote means control and direction of the credit union is not based on the financial resources of a few members, but on the needs of the entire membership. In summary, Superior Choice Credit Union is a financial cooperative—owned entirely by our members—and operated exclusively for their benefit. Each member has a voice in selecting the board of directors. Just like a shareholder, each member receives earnings in the form of low interest rates on loans, high dividends on savings, and a large variety of financial services.

Products & services

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