United Labor Credit Union

United Labor Credit Union is a nonprofit financial cooperative owned and controlled by its members rather than a bank, organized to serve labor union locals and their families. Each member has one vote regardless of deposit size, and members elect a volunteer board of directors and governing committees. Profits return to members as low-cost loans, higher dividends, fewer fees, and free financial education.

It offers a free regular share savings account, and its free Power Checking account earns dividends and is reachable by ATM, point of sale, and online. Its auto lending does not differentiate by whether a vehicle is new or used. The Power Visa card is offered for use by credit union members and union locals, and membership is limited to AFL-CIO union members and affiliated organizations, their families, and retirees.