ABOUT US
Now You Can Choose Your Financial Institution
Not all financial institutions are alike, just like not all people are alike.
People like you look for better alternatives to managing their money. American
Community Federal Credit Union offers you an option. You can choose to eliminate
high-interest, high fees from your life by choosing to join a credit union.
American Community Federal Credit Union is uniquely different from a bank,
finance company, Savings & Loan, or Thrift. Once you join us, you'll be immediately
eligible for our low or no-fee financial services, lower interest rates for loans,
and higher yield investment and savings accounts, plus outstanding member services
and the attention you deserve.
Joining is easy. If you are eligible, just open a Share Account which represents
your "share" in the credit union. Your $5.00 deposit in this account
begins your lifetime of credit union benefits.
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What Is A Credit Union?
American Community Federal Credit Union is part of a long-standing tradition
in personal finance management. The credit union concept originated in Germany
during the mid-1800s. A group of farmers, tired of high prices and outrageous
interest rates, combined their money to buy supplies and establish a common pool
to borrow from at lower interest rates.
Today's "credit unions" are similar. They are not-for-profit, member-owned,
and democratically operated by people just like you. Currently, there are over
11,700 credit unions in the United States with more than 74,000,000 members. Although
credit unions have changed over the years to meet the demands of their members,
our long-standing philosophy of "People Helping People" has remained
the same.
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A Unique Financial Institution
American Community Federal Credit Union is a unique, not-for-profit, member-owned
financial institution. We are chartered by the federal government and regulated
by the National Credit Union Administration (NCUA). Member deposits are federally
insured by the National Credit Union Share Insurance Fund (NCUSIF)
Unlike banks that are driven to provide a profit for shareholders, your credit
union returns excess earnings to our members. We do this by providing friendly
and personal service, lower interest rates for loans, higher yields on savings
and investment accounts, and by adding new financial products and services.
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Who Is Eligible To Join?
American Community Federal Credit Union (formerly Ameri-Can Federal Credit
Union) has been granted a Community Charter!
A Community Charter enables us to open membership to anyone who lives, works,
worships, or goes to school in Franklin County. That means their family members,
household members, and friends and neighbors, too.
And your membership is for life. Whether you move, change jobs, retire, or
marry, you are still a member with access to all membership benefits and services.
Wherever you go, you can keep in touch with your credit union by phone, mail,
fax, e-mail or in person.
If you change your lifestyle, be sure to visit your credit union to ensure
that you continue to enjoy your credit union's money-saving benefits.
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Board of Directors
We are governed by a member-elected Board of Directors. Your Board of Directors
establishes loan and savings policies and directs the affairs of the credit union.
Supervisory Committee
The Supervisory Committee oversees the financial affairs and strength of your
credit union.
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Privacy Policy
American Community Federal Credit Union protects the confidentiality, security
and integrity of each members' nonpublic personal information in accordance with
existing state and federal laws. The credit union will maintain physical, electronic
and procedural safeguards that comply with federal standards to guard members'
nonpublic personal information.
The credit union will not gather, collect or maintain any information about its
members that is not necessary in order to offer its products and services, to
complete member transactions or for other relevant business purposes.
The credit union does not, and will not, sell or provide any member information
to third parties including list services, telemarketing firms or outside companies
for independent use.
Our websites also contain links to other websites. We are not responsible for
content or privacy practices of other such sites.
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