The CSCU board sets low, simple interest rates for loans, which can be used for nearly any purpose. Interest is calculated daily on the unpaid balance, and repayments can be made through automatic transfers, debit, mail, or in person.
Along with an initial membership deposit of $5.00, and subject to reasonably good credit, any of the following are eligible to bank at Cherokee Strip Credit Union:
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
Credit unions are non-profit financial cooperatives that originated in Europe over 100 years ago to support local savings and lending during difficult periods. Members pool funds to lend back to each other, benefiting both individuals and communities.
