Postal Credit Union's MISSION, VISION & PURPOSE:
To be unique among all credit
unions providing quality financial
services to our members.
To merely be a credit union of excellence
providing products and services that
will bring the greatest value our members.
To adequately achieve member satisfaction
while being financially
SOUND, MORAL and ETHICAL.
BENEFITS OF MEMBERSHIP
Founded on the basic democratic premise of the cooperative movement, credit unions believe that access to low-cost financial services is critical. Postal Credit Union gives members the ability to increase their financial security and plans for retirement.
Postal Credit Union strives to deliver the best service possible to our most important asset - our members. There is an application for membership on the next page.
THE HISTORY OF POSTAL CREDIT UNION
In 1931, eleven postal employees organized our credit union with a total of $440.00 in assets. We were the first credit union in Baton Rouge, and the sixth to be chartered in the State of Louisiana.
The annual salary of postal employees was only $800.00 and unfortunately, most was indebted to loan sharks. The Post Office was deeply concerned over this situation, and actively encouraged the formation of credit unions in most post offices so that their employees would have a cheaper source of credit.
Postal Credit Union remains determine to deliver “First Class" Service to our “First Class" members. We have expanded our membership to include ALL employees Federal Agencies living or working in zip codes starting with 704, 707 or 708. We are proud to say “we are still growing”
SAFETY & SOUNDNESS
Postal Credit Union primarily engages in consumer loans and residential real estate lending for their members. The credit union’s performance is at it highest. We take pride in saying that Postal Credit Union is “SAFE and SOUND”
REGULATION & SUPERVISION
Credit unions are chartered under either federal or state law. Federally chartered credit unions are regulated by the National Credit Union Administration (NCUA), an independent agency of the U.S. Government.