What is a Credit Union?

Posted on August 10, 2021

Have you ever wondered what a credit union was exactly? You may have seen them around town but weren’t too sure what they were. Credit unions are member-owned, not-for-profit institutions that seek to better the lives of their members by offering products specifically tailored to meet each member’s needs. Now, to join a credit union there are some requirements that must be met. Depending on the credit union, membership eligibility could be based on where you live, work, worship, go to school, or even an organization you belong to. Credit unions vary in size, but they all have the same mission - to help their members reach their financial goals.

Southeast Financial Credit Union is headquartered in Middle Tennessee with branches across the state as well as in Bowling Green, Kentucky and Corinth, Mississippi. No matter where your travels take you, or which stage of life you are in, our team is ready to assist you. Whether you need to open a checking or savings account, obtain an auto, boat or RV loan, purchase or refinance your home, or plan for your retirement, we are here to help you with all your financial needs. Contact us today to find out how we can help you make your dreams a reality. You Belong Here.