If you are looking for a reliable financial institution that can help you achieve your financial goals, then C&O Credit Union may be the perfect choice for you. C&O Credit Union is a non-profit financial institution that has been serving the banking needs of its members for over 50 years. In this article, we will take a closer look at C&O Credit Union, its history, and the services it offers to its members.
History of C&O Credit Union
C&O Credit Union was founded in 1963 by a group of Chesapeake and Ohio Railroad employees who wanted to create a financial institution that would serve the needs of their fellow workers. Over the years, C&O Credit Union has expanded its membership to include anyone who lives, works, worships, or attends school in certain areas of Virginia, West Virginia, and Kentucky.
Today, C&O Credit Union has over 25,000 members and manages over $200 million in assets. The institution has also received numerous awards for its exceptional service and commitment to its members.
Services offered by C&O Credit Union
C&O Credit Union offers a wide range of financial services to its members, including:
- Checking and savings accounts: C&O Credit Union offers a variety of checking and savings accounts to help its members manage their finances. These accounts come with no monthly fees and no minimum balance requirements, making them an affordable option for anyone.
- Loans: C&O Credit Union offers a variety of loan options to its members, including auto loans, home loans, personal loans, and more. The institution offers competitive interest rates and flexible repayment terms to help its members achieve their financial goals.
- Credit cards: C&O Credit Union offers a variety of credit cards with competitive interest rates and no annual fees. Members can choose from rewards cards, low-rate cards, and secured cards to meet their individual needs.
- Investment services: C&O Credit Union offers investment services through its partnership with CUSO Financial Services, L.P. Members can work with a financial advisor to develop a customized investment plan that meets their individual goals and risk tolerance.
- Online and mobile banking: C&O Credit Union offers online and mobile banking services to make it easy for members to manage their finances on the go. Members can check their account balances, transfer funds, pay bills, and more from their computer or mobile device.
Why choose C&O Credit Union?
There are many reasons why you should consider choosing C&O Credit Union for your banking needs. Here are just a few:
- Non-profit status: As a non-profit financial institution, C&O Credit Union exists to serve the needs of its members, not to make a profit for shareholders. This means that the institution is able to offer better rates and fees than many traditional banks.
- Exceptional service: C&O Credit Union is committed to providing exceptional service to its members. The institution has received numerous awards for its customer service and is known for its friendly and knowledgeable staff.
- Community involvement: C&O Credit Union is actively involved in the communities it serves. The institution supports local charities and organizations and encourages its employees to volunteer their time and talents to make a difference in their communities.
- Convenience: With online and mobile banking services, 24-hour ATMs, and a network of shared branches, C&O Credit Union makes it easy for members to access their accounts and manage their finances from anywhere.
C&O Credit Union has a long history of serving the banking needs of its members with exceptional service and a wide range of financial services. Whether you’re looking for checking and savings accounts, loans, credit cards, investment services, or online and mobile banking, C&O Credit Union offers competitive rates and fees to help you achieve your financial goals. As a non-profit financial institution, C&O Credit Union is committed to serving its members and supporting the communities it serves. If you’re looking for a reliable financial institution to help you manage your finances and achieve your financial goals, C&O Credit Union may be the perfect choice for you.