First Class Community Credit Union: A Comprehensive Guide

In today’s fast-paced world, it is more important than ever to have a reliable financial institution to support your financial goals. Whether it’s for personal or business reasons, choosing the right credit union can make all the difference. First Class Community Credit Union is a leading financial institution that offers a wide range of financial services to its members. In this comprehensive guide, we will take a closer look at First Class Community Credit Union, its history, the services it offers, and what sets it apart from other financial institutions.

A Brief History of First Class Community Credit Union

First Class Community Credit Union was established in 1952 as the Kellerman Federal Credit Union. Its mission was to provide financial services to employees of the Kellerman Manufacturing Company in Wichita, Kansas. Over the years, the credit union expanded its membership to include other businesses and organizations in the Wichita area. In 2005, the credit union changed its name to First Class Community Credit Union to reflect its commitment to serving the entire community.

Today, First Class Community Credit Union has over 8,000 members and assets of over $65 million. The credit union is a not-for-profit financial cooperative, which means that it is owned by its members and operates for their benefit. Unlike for-profit banks, credit unions return their profits to their members in the form of lower fees and better interest rates.

Services Offered by First Class Community Credit Union

First Class Community Credit Union offers a wide range of financial services to its members. These include:

1. Checking Accounts: The credit union offers three different checking account options to its members: Basic, Premier, and Dividend. Each account has different features and benefits to suit the needs of different members.
2. Savings Accounts: The credit union offers savings accounts with competitive interest rates and no monthly fees. Members can choose from regular savings accounts, holiday club accounts, and youth savings accounts.
3. Loans: First Class Community Credit Union offers a variety of loan options, including auto loans, personal loans, home equity loans, and credit cards. The credit union offers competitive interest rates and flexible repayment terms to help members achieve their financial goals.
4. Online and Mobile Banking: The credit union offers online and mobile banking services that allow members to manage their accounts, pay bills, transfer funds, and more from anywhere, at any time.
5. Financial Education: First Class Community Credit Union is committed to educating its members about financial literacy. The credit union offers a variety of resources and tools to help members understand their finances and make informed financial decisions.

What Sets First Class Community Credit Union Apart?

There are several factors that set First Class Community Credit Union apart from other financial institutions:

1. Member-owned: As a not-for-profit financial cooperative, First Class Community Credit Union is owned by its members. This means that the credit union is accountable to its members and operates for their benefit, not for the benefit of shareholders.
2. Personalized service: First Class Community Credit Union is committed to providing personalized service to its members. The credit union’s staff is knowledgeable and friendly, and they are dedicated to helping members achieve their financial goals.
3. Competitive rates and fees: First Class Community Credit Union offers competitive interest rates and low fees to its members. This means that members can save money on loans and earn more on their savings.
4. Financial education: First Class Community Credit Union is committed to educating its members about financial literacy. The credit union offers a variety of resources and tools to help members understand their finances and make informed financial decisions.
5. Community involvement: First Class Community Credit Union is committed to giving back to the community. The credit union supports a variety of local organizations and events, and its staff members are active volunteers in the community.

conclusion

First Class Community Credit Union is a leading financial institution that offers a wide range of financial services to its members. With a history of over 70 years of serving the community, the credit union is a member-owned financial cooperative that is committed to providing personalized service, competitive rates and fees, and financial education to its members. Whether you are looking for a checking account, a loan, or simply want to learn more about financial literacy, First Class Community Credit Union is a great option to consider. Joining the credit union means becoming part of a community that values its members and is dedicated to helping them achieve their financial goals.