There’s a difference between banks and credit unions! When you open an account at FSFCU, you become a member, or part owner, of the credit union. We generally have lower loan rates, and higher share rates than many other financial institutions. The credit union is governed by a board of directors, chosen from its members. Once a year we hold an annual meeting to hear from our shareholders. That could be you!
An imposter scam is when a fraudster pretends to be someone else–with the intention of obtaining an individual’s money or personal information. Victims may be contacted through a phone call, text, email or other messaging channel. Examples:
Franklin-Somerset Federal Credit Union is governed by an unpaid, volunteer Board of Directors and a Supervisory Committee, both elected or appointed from its membership.
*Annual Percentage Yield **Required minimum balance to earn dividends ***Required minimum balance Note: Fees could reduce earnings on the account. A penalty will be imposed for early withdrawal. All rates are subject to change without notice.
Franklin-Somerset Federal Credit Union began in 1962 as Bass Shoe Federal Credit Union with eight members and has since expanded its field of membership.