Understanding the Credit Union Difference.
Welcome to the world of credit unions, where members come first and profits serve a purpose. Sevenfold is a not-for-profit cooperative financial institution owned and controlled by its members. Unlike traditional banks, where stockholders reap the profits, credit union members benefit directly through better rates, lower fees, and superior service.
133
million Americans already benefit from a credit union
99%
of Americans can join a credit union.
96%
of credit union members favor their experience over traditional banks.
Key Features of Credit Unions
MEMBER-OWNED
Each member has an equal stake, regardless of account size, and elects a volunteer board of directors.
NOT-FOR-PROFIT
Profits are returned to members through competitive dividends on deposits and lower interest rates on loans.
PERSONALIZED SERVICE
Historically, credit unions focus on enhancing members’ financial health and providing exceptional service.
COMMUNITY FOCUSED
Credit unions have strong ties to their local communities, often supporting local charities, events, and financial education initiatives. Your money stays local, benefiting the community you live in.
FINANCIAL EDUCATION
Credit unions provide resources to help members manage their finances, from budgeting tools to educational workshops on saving, borrowing, and investing.
Your Funds Are Safe
At Sevenfold, your money is protected by the National Credit Union Share Insurance Fund. For more details on how your money is insured, visit NCUA Share Insurance.
Explore the benefits of joining a credit union and experience the Sevenfold difference. For more information about credit unions, visit Further.
HOW CAN WE HELP YOU?
Contact us with your questions!