About Us
Our credit union was federally chartered by the National Credit Union Administration (NCUA) on March 6, 1959 as Plattsburgh Teachers Federal Credit Union with the sponsorship of the Plattsburgh City School District for the employees and their families. Serving as the first board of directors were Frank Paro, Gilbert Duken, Donald Durocher, Frances Bleau, Cecile Plumley, Ruth Trudeau, Seth Bilven, Virginia Wormood, and Elizabeth Dwyer. To be more inclusive, the name change to Plattsburgh City School District Federal Credit Union was approved by the National Credit Union Association on September 2, 2003.
As a not-for-profit financial cooperative, credit unions are member-owned. The credit union is democratically controlled by elected volunteer board members. These Board members represent the interests of the membership and serve as careful stewards of the assets entrusted to them. Because they are members just like you, they care deeply about the success of the credit union as a whole. They are looking out for everyone's interest, not just their own or that of a few select stockholders.
Mission
Our mission and purpose has always been to promote thrift among its members by affording them an opportunity to accumulate their savings, and to create for them a source of credit for prudent and productive purposes. We operate on the philosophy of “members helping members!”
Membership “Who Can Join?”
Because we are an employer-sponsored credit union and not open to the community our membership is limited to employees of the Plattsburgh City School District and their families. Once a member always a member! So once you join, you can continue to reap the benefits of membership until you choose to close your accounts.
You may be wondering if we're just like a bank. While we provide similar financial services, there are a few important differences you should be aware of.
- The credit union is a member-owned, not-for-profit, financial cooperative dedicated to the interest of its members, not a group of outside shareholders.
- As a not-for-profit financial cooperative, we put people before profits unlike stockholder driven financial institutions.
- Members elect the volunteer board of directors who care about the members, not that of a few select stockholders.
- The more you use the credit union, the more you and the credit union prosper.
- As the credit union grows, we're able to operate more efficiently, and any savings will be passed onto you, our valued member-owner.
- Membership in the credit union is also the key for your family members to be able to join.
- As a credit union member, you can take advantage of the many benefits of belonging: lower rates on loans, higher rates on savings and fewer and lower fees for financial services.
Look to us to help you achieve your financial goals. By doing so, you make the credit union stronger, too.
Membership "How to Join?"
Joining is simple—fill out a membership card, provide us with identification and with a $5 deposit, you become a member and can enjoy the perks:
- Contact Us for a membership card.
- Payroll Deduction or Electronic Deposits—a great way to save…what you don’t see you won’t miss also a convenient way to pay loans.
- Lower rates on loans
- Better rates on Savings
- Deposits Federally insured up to $250,000
- 24-7 access to your account balances
You are a member owner not a customer! Your investment in your credit union is an investment in YOU! Help us grow by sharing your experience with a non-member.
