Thinking About Joining?
Take a look at what TRUE Community Credit Union is all about below. Once you see there is no way you could pass up on being a member with us, click the "Compare Our Accounts" button and join today!
To inspire the pursuit of a life well lived.
To cultivate legacy-defining moments for the people and places we serve for generations to come.
To be your partner in writing a life story that stretches beyond your imagination.
Joy - Making joy common in uncommon places.
Stewardship - Exceptional stewardship of all interests entrusted to our care.
People - Focus on people over profit, process, and product.
Empower - An empowered organization founded in experience focused solutions.
Gratitude - Unwavering faith in people and the virtues of gratitude and humility.
Feedback - Two-way feedback graciously welcomed and respectfully given.
Curiosity - Relentless curiosity.
Opportunity - A deep-seated appetite to realize opportunity through innovation.
We are TRUE Community Credit Union. A crazy-smart, wickedly talented team who have a HUGE passion for serving members, the community, and each other. We work for the WOW, go for the GUSTO, and share smiles and laughter every day.
Part of our culture is to ensure we are providing the best service to our members as possible, as well as providing products that help cultivate legacy defining moments in writing a life story that stretches beyond your imagination. This requires us to stay true to our value - two-way feedback graciously welcomed and respectfully given. In order to do this, we use avenues such as:
- Social Media
- Member Surveys
- Email Surveys
- Focus Groups
- Member Feedback Cards in all of our lobbies
- And more!
If you ever see communication from us asking your opinion in any of these forms, it's because we care about what you think. Let us know how we're doing! We appreciate and thank you for your time in helping us be who you need us to be for you.
Member Resource Guide
See a full list of all our products and services.
Like what you've heard so far? Apply today!
If you are a potential new member, we'd love to have you! Let's check out our Regular Share (Savings) Account here.
Once you've become a member, we have a ton of great savings, checking, and loan options that will fit your needs. Check those out here:
What's a credit union?
A credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. It is member-owned and controlled through a board of directors elected by the membership. The result: members are provided with a safe, convenient place to save and borrow at reasonable rates at an institution that exists to benefit them, not to make a profit.
Who owns a credit union?
Most financial institutions are owned by stockholders, who own a part of the institution and intend on making money from their investment. A credit union doesn't operate in that manner. Rather, each credit union member owns one "share" of the organization. The user of credit union services is also an owner and is even entitled to vote on important issues, such as the election of member representatives to serve on the board of directors.
What is the purpose of a credit union?
The primary purpose in furthering their goal of service is to encourage members to save money. Another purpose is to offer loans to members. Credit unions can charge lower rates for loans (as well as pay higher dividends on savings) because they are nonprofit cooperatives. Rather than paying profits to stockholders, credit unions return earnings to members in the form of dividends or improved services.
On April 28, 1953, an organization committee comprised of Benjamin Charters, Walter Boris, Earl Devine, Henry Abrahamse, F.C. Voss, C.E. Hayes, and William Audas met to form a financial cooperative, better known as the Jackson Consumer's Power Employees Federal Credit Union.
The credit union was organized to provide its members with a safe, convenient place to save and a source of credit, when needed, at or better than competitor's rates.
Throughout its history, CP Federal Credit Union has had many loyal and dedicated volunteers and staff to serve our membership making us one of the strongest and financially healthy credit unions in the nation.
In 1991 we underwent a name change to CP Federal Credit Union. This change was more reflective of our total membership and helped provide the ability to acquire more community partners.
In the fall of 2020, CP Federal Credit Union changed from a federally chartered credit union to a state-chartered credit union, opening up membership to anyone that lives, works, worships, or attends school in the State of Michigan. This was a significant change from the previous eligibility requirement that required members be affiliated with a designated school, organization, business, or association. As part of this change, the credit union must remove “Federal” from its name and will move forward officially as CP Financial Credit Union or as regularly referred to as CPFCU or CP for short.
In November 2020 CP Financial Credit Union announced plans to merge with Washtenaw Federal Credit Union located in Ypsilanti, MI. Through a voting process, WFCU members approved the merger on November 10th, 2020. Members strongly favored the merger with an 84% approval. Washtenaw Federal Credit Union was established in 1949 with two locations in Ypsilanti, Michigan.
On January 1, 2021, CP Financial Credit Union and Washtenaw Federal Credit Union joined together as TRUE Community Credit Union. TRUE Community Credit Union will serve more than 64,000 members with $600 million in assets and will offer 12 branch locations in Jackson, Ingham, and Washtenaw counties.
TRUE Community Credit Union brings 138 combined years of serving members, communities, and employees.
*This year we are doing an Interest Rebate and Bonus Dividend to all members who have an account in good standing and a loan with us throughout 2020! That's over $500,000 going right back into our member's pockets!
*2020 Interest Rebate & Bonus Dividend. Excludes IRA’s, Term Share Certificates, Business Loans, Business Accounts, Visa & Auto Leases. Some restrictions may apply.
Thinking about becoming a member? Don't miss out on all of the great things a membership with TRUE Community Credit Union can offer you, including the Interest Rebate and Bonus Dividend. Compare our accounts and join today!