Electrical Federal Cu

Electrical Federal Credit Union in Arvada, CO

Electrical Federal Credit Union (EFCU) is a not-for-profit financial institution located in Arvada, Colorado. It was established in 1957 to provide financial services to the employees and families of the electrical industry. Over the years, EFCU has grown to serve a diverse group of members within the community.

As a credit union, EFCU is owned and operated by its members, rather than by shareholders like a traditional bank. This means that any profits made by the credit union are returned to its members in the form of lower interest rates on loans, higher interest rates on savings accounts, and reduced fees on services.

EFCU offers a range of financial products and services to meet the needs of its members. This includes checking and savings accounts, loans for vehicles and homes, credit cards, and financial planning assistance. The credit union also provides online and mobile banking options for added convenience.

One of the advantages of banking with EFCU is the personalized service that members receive. The credit union prides itself on building relationships with its members and providing them with the support and guidance they need to achieve their financial goals.

Additionally, EFCU is committed to giving back to the community it serves. The credit union participates in various charitable events and programs throughout the year and encourages its employees and members to get involved in volunteer opportunities.

Membership at EFCU is open to anyone who lives, works, worships, or attends school in the Arvada area. Family members of current EFCU members are also eligible to join. Becoming a member is easy and requires a minimum deposit to open and maintain a membership account.

Overall, Electrical Federal Credit Union in Arvada, CO is a community-focused financial institution that puts its members first. With a commitment to providing excellent service, competitive rates, and a range of financial products, EFCU is a great choice for individuals looking for a trustworthy and reliable banking partner.