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Norfolk Community Federal Credit Union

Norfolk, Massachusetts, United States

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General Info:

Our HistoryNorfolk Community Federal Credit Union was chartered on August 11, 1953. We are a federally chartered and insured credit union. A credit union is a not-for-profit, membership-owned financial institution. Known for its strong consumer-orientation, a credit union is organized to serve a community, a company or a municipality. We began to serve the employees of the correctional facilities in Norfolk. We have a community charter and we support social and community programs to improve the quality of life for everyone. We pride ourselves on personal service and our belief that people are more important than dollars.A credit union divides income between dividends to members and reserves to build capital, which strengthens it in its members' behalf. Unlike a bank, a credit union does not sell stock or borrow from the Federal Reserve Bank in order to raise funds. It operates as a not-for-profit cooperative, with a democratic structure, and member ownership and control. Those founding principles of American credit unions, which stretch back well into the 19th century, remain today.Mission StatementNorfolk Community FCU is dedicated to providing competitive financial products and superior service to our members through sound business practices. The Credit Union movement is committed to superior service to our membership. We divide income between dividends to members and reserves to build capital, which strengthens NCFCU in its members' behalf. NCFCU is known for our strong member orientation.

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