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Our new address is 2112 McHenry Avenue, Modesto, CA 95350.
Organized Labor Credit Union began 34 years ago on April 17, 1974. The credit union office was originally located at 1005 'F' Street, in Modesto, CA. Over the years, the credit union has grown to 4,378 members and $19.6 million in assets. We have one office located at 2112 McHenry Avenue in Modesto. We have a staff of six. The hours at the office are from 9:00 - 4:30 on Monday through Thursday, and 9:30 - 5:30 on Fridays. The credit union has a defined field of membership. Membership is open to union members belonging to locals and retirees of locals in the following counties of California: Alameda, Amador, Butte, Calaveras, Contra Costa, Madera, Mariposa, Merced, Nevada, Placer, Sacramento, San Joaquin, Stanislaus, Tuolumne, Yolo, and Yuba. The field of membership also includes immediate family members related by blood, marriage or legal action to the credit union member. Union locals can be members of the credit union. Why do you use a credit union? You might say low rates on loans and low fees for services, and you're right. But the most important difference is that you own your credit union. Your credit union is a not-for-profit financial cooperative. Its purpose is to serve the needs of its members. Other financial institutions can't come close to matching that philosophy because they're profit-driven businesses. As a member-owner, you reap the benefits in lower rates when you borrow and higher rates when you save. The extra money isn't given to a few stockholders, it's returned to members like you. Along with ownership comes responsibility. You can affect the way your credit union operates by attending your annual meeting and by electing your board of directors. Participation gives you control of your financial future and signifies your ownership in the credit union. Those are two things you won't find at other financial institutions, and two more reasons why members are members.
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"This credit union is federally insured by the National Credit Union Administration." "Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government" |
