The mission of Emory Alliance Credit Union is to focus on members as its number one priority by providing competitive, convenient, and quality financial products, and to provide a rewarding experience for members and employees while maintaining financial soundness.
What is a Credit Union?
Credit Unions are not-for-profit financial cooperatives. They exist only to serve their members. There are approximately 13,500 member-owned cooperative financial institutions , known as credit unions, in the U.S. Their roots go back to 1840 when the first credit union was established in Western Europe. A credit union is usually formed around a common bond, generally employment and are not open to the general public. Credit Unions are strictly regulated by the Georgia Department of Banking and Finance and the National Credit Union Administration (NCUA), an agency of the US Government. The NCUA, through its insurance fund (NCUSIF) protects your deposit up to $250,000 against loss due to the failure of a federally-insured credit union for any reason. Retirement accounts such as Traditional and Roth Individual Retirement Accounts (IRAs) and KEOGH retirement accounts are also insured up to $250,000 in the aggregate. To learn more about How Your Accounts Are Federally Insured, click here.
Who is Emory Alliance Credit Union?
Emory Alliance Credit Union was chartered in 1968 to serve the employees of Emory University and Emory University Hospital. In the last 40 years, its field of membership has grown to include Emory University students and faculty, Emory Healthcare, Residents of DeKalb County, Georgia, and other Emory-related organizations. Currently, Emory Alliance CU is a full-service financial institution with over 18,000 members and approximately $107 million in assets.
How do you join the Credit Union?
The first step in joining Emory Alliance CU is opening a Share Savings Account with a minimum deposit of $25. This $25 deposit purchases you one "share" of the credit union and makes you a member.
Once you become a member you will have full access to all of the credit union's products and services.