Processors-Industrial
Community Credit Union is a cooperative, not-for-profit financial
organization owned by and operated for the benefit of all
members. Our board of directors and committee members
serve you, the member, in a purely voluntary capacity. Chartered
in April 1938, the credit union originally served the financial
needs of Union Starch employees.
Since then, credit union membership has grown to include those
who live or work in Granite City, Pontoon Beach, Mitchell,
Madison, Venice, select employee groups, and their relatives.
Processors-Industrial
Community Credit Union offers a complete range of full-service
financial convenience and lifetime membership benefits. From
day-to-day transactions to lifetime planning, credit union
services are designed to help members reach their individual
financial goals:
- Savings
Services
- Checking
Convenience
- Investment
Options
- Credit
Card
- Loans
For Every Need
Credit
union service is available at 2400 Madison Avenue, Granite
City, Illinois, and through 24 hours ATM, telephone and fax.
Financial
Organization
Several
elements combine to make Processors-Industrial Community Credit
Union a safe and successful financial resource for members.
Members elect a nine-member volunteer Board of Directors
to direct and control the credit unions business affairs.
Credit union business is operated and managed by the President/CEO
with the support of service staff of approximately 6 people.
Financial
and operational matters are overseen by a three-member Supervisory
Committee and three Board-appointed officials who form the
Credit Committee are responsible for reviewing loans according
to the Board's guidelines and governing regulations.
Processors-Industrial
Community Credit Union is affiliated with the Credit Union
National Association, Inc., Illinois Credit Union System and
Southern Illinois Chapter of Credit Unions.
Members’
savings funds are protected by the National Credit Union Share
Insurance Fund which is administered by the National Credit
Union Administration (NCUA), an agency of the Federal Government.
NCUA insures each members’ savings to an aggregate amount
of $100,000. Individual Retirement Accounts are insured separately
to $100,000.
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