Credit Unions are not-for-profit and democratically owned

As part of our cooperative structure, KCCU provides financial services customized just for you. We’re here in person when you need us and available online anytime. At KCCU, you choose how you like to do business.

We’re also governed by you, our members. Our board of directors is unpaid, comprised of members just like you. This ensures you’re represented by people you know and trust.

As a member/owner, services are also built around your needs. It’s your financial well-being that drives our success.

At KCCU, you’re part of a not-for-profit financial cooperative. You’ll earn more with higher dividends on savings, and pay less with lower loan rates. You’ll also appreciate a more personal approach to your finances – so you can plan for, and achieve, life goals.

Credit unions and banks offer many of the same products and services. However, we’re quite different in our approach to serving you. It’s our people who make the difference. Civic-minded, we live in the same communities as you. We shop at the same stores and attend the same schools and churches. Like you, we have a stake in this community and in your personal success.

See how much Michigan consumers saved from receiving a credit union loan instead of a bank loan, according to data collected from CUNA (June 2014 to June 2015).

Michigan Credit Union Member Overall Savings

  • New car loans: $16.4 million
  • Used car loans: $66.2 million
  • Personal unsecured loans: $22.9 million
  • 15-year fixed rate 1st mortgage: $4.3 million
  • 30-year fixed rate 1st mortgage: $1.3 million
  • Credit cards: $79.7 million


Rest assured, our main concern is serving you.

Enjoy the difference being a member/owner makes:

 KCCULocal or National Banks
Structure Not for profit, not for charity, but for serviceGenerates profit for shareholders
Ownership MembersShareholders
Board of Directors Unpaid VolunteersPaid Shareholders
Fees Typically lowerGenerally account for one-third of banks' total profits
Earnings Go To MembersShareholders
Interactions With Like
Financial Institutions
Deposits Insured By NCUA (National Credit Union Administration) FDIC (Federal Deposit Insurance Corporation)