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Credit unions are not-for-profit organizations because all earnings go back to members in the form of lower loan rates, higher deposit rates, and lower fees. While banks and other financial institutions are owned by a select group of shareholders, credit unions are member-owned and operated for the benefit of their members. With a guiding philosophy of "people helping people," we're all in this together! When you join a credit union, you become not only a member but also a co-owner. Today our membership exceeds 44,000 individuals from diverse backgrounds and occupations, with over $522 million in total assets. Since 1955, Cornerstone Financial Credit Union has provided low-cost financial services to residents of Davidson County, Tennessee, and beyond. Friday The Nashville Credit Union You Can Count On Since that time, Pioneer FCU has grown in size and number with a commitment to the credit union philosophy of “People Helping People.” The merger will help further the progression of the credit union and provide a means for its many members to move their money forward®.8:30 a.m.–6:00 p.m. Pioneer FCU was chartered as the Civilian Employees Federal Credit Union in March of 1954. All community members are encouraged to attend this fun event and experience the excellent services that Pioneer FCU offers. Kimball Avenue in Caldwell on Friday, July 22nd from 9:30 AM to 2 PM. The company will hold a ribbon cutting and grand re-opening event at the newest Pioneer FCU branch acquired through the merger at 416 S. “These additions reflect our commitment to technology and serving our members in the way that works best for them,” said Newberry. Members can even access their accounts on their mobile device through fingerprint and eye-scan verification. Inside the Boise (Broadway Ave.) branch, an interactive video board allows visitors to learn about credit union products, search for branch locations, and test their knowledge with financial quizzes. The new Caldwell branch will be modeled after Pioneer FCU’s Boise branch located on Broadway Avenue, which received a national Credit Union National Association award for branch design in 2015 for the innovative integration of technology. Once constructed, the new branch’s banking hours will be 7 AM – 7 PM Monday through Friday and 9 AM – 2 PM on Saturday. “We’re the first financial institution in Idaho to implement this technology,” explained Tracey Newberry, Vice President of Branch Operations for Pioneer Federal Credit Union. The new high-tech branch will feature Personal Teller Machines (PTMs)-drive-up ATMs that offer a live teller via video call during extended banking hours.
#CORNERSTONE CREDIT UNION FULL#
The 15th full service branch, which will be located near the intersection of 10th Ave & Ustick Ave.
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Caldwell customers that were previously Cornerstone CU members will have more access to products and services that didn’t exist for them before such as one of the highest rated mobile banking apps in the state of Idaho, mobile check deposit and 14 local Idaho branches to serve them,” Perry said. “We had already purchased land to open a Caldwell branch and Cornerstone was looking for a merger partner that would continue to serve their 4,000 members as they had. “We were interested because we wanted Cornerstone members to stay with an Idaho credit union and we felt both sides had a lot to offer the other,” said Curt Perry, President and CEO of Pioneer FCU. This location will transition to become the 14th Pioneer FCU branch. It read, “Because of our similar philosophies and shared cooperative values, Cornerstone Credit Union and Pioneer FCU are in a unique position to merge organizations founded on excellence and trust.”Īs part of the merger, Pioneer FCU has acquired the Cornerstone Credit Union branch located at 416 S. The company released in a memo to its members describing why the two credit unions were the perfect match. The merger was approved by the National Credit Union Administration and the Idaho Department of Finance and became effective on June 1st, 2016. MOUNTAIN HOME, ID (June 9, 2016) - Pioneer Federal Credit Union has successfully completed a merger with Cornerstone Credit Union of Caldwell, ID. Pioneer Federal Credit Union merges with Cornerstone Credit Union of Caldwell
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