Telcom Credit Union

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Description

Telcom Credit Union was originally organized in 1936 by the employees of the Detroit division of Michigan Bell Telephone Company. Ten charter members purchased a $5.00 share to allow the credit union to accumulate capital and so we began. The credit union would operate from payroll deductions received from members and would make small loans (not to exceed $200).Today, Telcom is a $375 million dollar, full-service financial institution serving the accounts of over 29,000 members from various groups throughout southeast Michigan. Although our complete list of services might look comparable to what other major financial centers offer, we do have unique differences. Our credit union, like all credit unions, is a not-for-profit cooperative. It is owned, managed and operated by members. The board of directors sets the operating policies of the credit union and is elected by the membership during annual elections. The credit union exists for the financial benefit of its members and serves no other interests.At Telcom, we strive to bring added value to all the products and services that we provide. Check out the wide variety of products and services located within this website. To join, visit any Telcom Credit Union branch, or click here.

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