When I tell people that a credit union is a true financial co-op, I can see their eyes immediately glaze over. What is wrong with being a co-op? Instead of dwelling on how good it is to cooperate with each other as in “People Helping People,” most people, with the glazed over eyes, are thinking back to when they wore bell bottom jeans and flowered shirts. Believe me, come into our credit union and Donovan or the Cream will not be playing over the Musak. No, and we won’t be growing our own corn and other things out back to survive the winter.
We are a serious financial institution owned by our members. We work for the “man,” the owner. And if you are a member, you are the owner of Tri-Co. You are just as important to me than each Board of Directors member. Maybe even more important, because you are why I am here.
Not to be crass, but you make paydays possible. Grand pop told me that.
Not to pat myself on the back, but we are a “not-for-profit” financial cooperative as well. That means that all of our profits or earnings go right back to you. That’s right! After we pay the bills around here, we invest in technology, invest in expansion, and invest in our products so they are up to your high standards. It isn’t easy.
Speaking of paying the bills, you are on the rate page. So you can click on one of the buttons on the bottom of this page to get Deposit or Loan rates. There’s even a button for the Fees schedule. With our members being so well-behaved and then using their Owners’ Points, we hardly make any money off of fees like banks do. So, we don’t even try.
My rates are always competitive, always on your side. Yes, it is a balancing act, but I am getting quite good at it in this tumultuous rate environment. Look at it this way: I buy and sell money and try to make a living. When you save, I am paying you rent on the money you save. On the other hand, when you borrow from me, you are paying me the rent. The difference between the two is how I make a living to share with you.
Call me when you need me.
As ever,