In 1937, a group of teachers with an entrepreneurial vision came together to establish Tucson Federal Credit Union (TFCU). Today, this financial cooperative has grown substantially; currently serving 60,000 members with over $650 Million in assets.
TFCU is committed to providing its members with high-quality, cost-effective financial solutions that are convenient. It provides banking services such as checking and savings accounts, loans, credit cards and mobile banking as well as investment and insurance products. As an Arizona state chartered non-profit financial institution regulated by the Department of Financial Institutions (“DFI”), TFCU serves its membership.
When selecting a bank or credit union, it’s important to take several factors into consideration, including fees, minimum balance requirements and ATM networks. Furthermore, look into their history as an institution and the rates it offers on savings accounts; additionally it would be prudent to verify whether or not they are insured by the National Credit Union Administration (NCUA).
Credit unions are non-profit, member-owned financial institutions that serve their members without charge. Their board of directors, elected from among their membership, govern the institution. Each member holds one vote regardless of how many shares they own; additionally, there is also a volunteer committee overseeing its overall management; professional managers and staff receive payments for their work.
Credit unions typically serve a specific community and offer strong relationships to its residents, making them an excellent way to create strong ties to an institution that upholds your values. Unfortunately, credit unions tend to have fewer locations than banks so you may not be able to take advantage of all their services if you live far away from one. They also tend to offer lower savings and certificate rates than banks.
Tucson Federal Credit Union, the developer of this app, has provided details regarding their privacy policy on their website. By using Arkalytics, Tucson Federal Credit Union will be able to send tailored credit card offers designed to save members money and manage interest rates – further increasing customer satisfaction while optimizing advertising dollars spent.
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