16501 Shady Grove Rd
Gaithersburg, MD 20898
Credit unions are not-for-profit financial cooperatives serving members who share something in common-employment, association membership, or residence in a geographic area. More than 70 million U.S. consumers are member-owners of, and receive all or part of their financial services from, the nation's 6,000 credit unions.
Credit unions are democratically owned and controlled institutions based on 'people helping people' principles. Credit union boards of directors are elected by members; each member has an equal vote, regardless of how much he or she has on deposit. Only members may serve as directors, and directors serve without compensation. Credit unions have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of higher dividends on savings, lower loan rates and lower cost services.