Save. Plan. Retire.

Columbia Credit Union – Is it Right For You?

Credit unions offer people an effective way to save and invest, while offering them another banking option. But before joining one, there are a few factors you need to take into consideration before joining, the most crucial of which being whether or not this Credit Union suits your personal circumstances. To make an informed decision about this decision, research both its advantages and drawbacks before making your choice.

Since 1934, Columbia Credit Union is a not-for-profit financial institution serving its members’ needs with full service financial products and services, such as checking and savings accounts, auto loans, personal loans, credit cards and investment accounts.

Credit Unions play an active role in their communities by supporting events and charities they believe in, while at the same time being committed to their members through competitive rates and service options such as online and mobile banking.

The Credit Union offers an assortment of checking accounts with low fees. Of the many options, one of the most popular accounts is the Basic Checking Account, offering competitive interest and no monthly maintenance or overdraft fees – plus access to over 30,000 CO-OP ATMs nationwide!

LCUI strives to meet students’ financial needs as young adults by offering them an institution tailored specifically to them. By doing this, LCUI fosters an environment of financial literacy and community involvement at Columbia College that will remain long after they’ve graduated.

Dayalan is currently studying Financial Economics and Mathematics at Columbia College. He joined LCUI because he wished to create something that would benefit the Columbia community even after his time there had expired. Outside LCUI, Dayalan is involved with both Chinese Students Club and CORE blog team activities.

As a credit union, deposits at Columbia CU are federally insured up to $250,000 by the National Credit Union Share Insurance Fund administered by NCUSIF and supported by the full faith and credit of the United States Government.

As part of its own share insurance protection for member funds, Columbia Credit Union also has its own share insurance protection for member assets. Deposit insurance coverage ranges from $250,000 for every owner with an active Income Checking account to up to $100,000 for other accounts such as joint, revocable trust, and credit card accounts. To be eligible for coverage under e-Statements and credit card transactions posted by 28th of each month or before end of month – additional terms and conditions may apply and please see Membership Guide for details.






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