Cedar Falls Community Credit Union (CFCCU) is a not-for-profit financial institution that has been serving the Cedar Valley since 1964. As a credit union, CFCCU is owned and operated by its members, who are also its customers. This structure allows CFCCU to offer a range of financial products and services at competitive rates and with a focus on member service.
In this article, we will explore the history of CFCCU, its membership eligibility requirements, and the products and services it offers to members.
History of Cedar Falls Community Credit Union
CFCCU was chartered in 1964 as Cedar Falls Teachers Credit Union. At the time, the credit union was only open to Cedar Falls Community School District employees and their families. In 1984, the credit union changed its name to Cedar Falls Community Credit Union to reflect its expanded membership eligibility, which now includes anyone who lives, works, worships, or attends school in Black Hawk County.
Since its founding, CFCCU has grown from serving a few hundred members to over 20,000 members today. CFCCU’s mission is to provide excellent service to its members, and it has consistently achieved high levels of member satisfaction through its commitment to this mission.
As mentioned, CFCCU is open to anyone who lives, works, worships, or attends school in Black Hawk County. In addition, the credit union is open to the immediate family members of current members. This includes spouses, children, parents, siblings, grandparents, and grandchildren.
CFCCU is committed to serving the needs of the community, and its membership eligibility requirements reflect this commitment. By allowing a broad range of individuals to join, CFCCU can provide financial services to those who might not have access to them otherwise.
Products and Services
CFCCU offers a range of financial products and services designed to meet the needs of its members. These include:
Savings Accounts: CFCCU offers a variety of savings accounts, including regular savings accounts, money market accounts, and certificates of deposit (CDs). These accounts offer competitive interest rates and can be opened with as little as $5.
Checking Accounts: CFCCU offers free checking accounts with no minimum balance requirements or monthly fees. These accounts also come with a free debit card and access to online banking and bill pay.
Loans: CFCCU offers a range of loan products, including auto loans, home loans, personal loans, and credit cards. The credit union offers competitive interest rates and flexible repayment terms.
Other Services: CFCCU also offers a range of other services, including online banking, mobile banking, direct deposit, wire transfers, and notary services.
CFCCU’s commitment to member service is evident in the products and services it offers. The credit union’s goal is to provide its members with the financial tools they need to achieve their goals and improve their financial well-being.
Cedar Falls Community Credit Union is a local financial institution that has been serving the Cedar Valley for over 50 years. As a credit union, CFCCU is owned and operated by its members, and its mission is to provide excellent service to those members. CFCCU’s membership eligibility requirements are designed to serve the needs of the community, and its products and services are designed to help members achieve their financial goals.
If you live, work, worship, or attend school in Black Hawk County, consider joining Cedar Falls Community Credit Union. As a member, you’ll have access to a range of financial products and services designed to help you achieve your financial goals.