Iron Workers Federal Credit Union

Welcome to the Iron Workers Federal Credit Union.

      Our credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members.  It is member-owned and controlled through a board of directors elected by the membership.  The board serves on a volunteer basis and may hire a management team to run the credit union.  The board also establishes and revises policy, sets dividend and loan rates, and directs certain operations.  The result: members are provided with a safe, convenient place to save and borrow at reasonable rates at an institution which exists to benefit them, not to make a profit.

      The purpose of credit unions is to provide credit and financial services at reasonable rates.  A savings account is called a share account, a checking account is called a share draft account, and share certificates are known as share term certificates.  The “share” is a reminder that everyone is an owner of the credit union.

Iron Workers Federal Credit Union was chartered in 1963.

Our goal is to help each member attain a strong and secure financial future.

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