As a leading non-profit financial cooperative, our purpose is to provide high quality, low cost financial services for our members. We are dedicated to improving the financial well-being of our member community through engagement, service, education, outreach and charity.
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 or Employees of DeKalb or Fulton County, Georgia, and other Emory-related organizations. Currently, Emory Alliance CU is a full-service financial institution with over 19,000 members and approximately $150 million in assets.
What is a Credit Union?
Credit Unions are not-for-profit financial cooperatives. They exist only to serve their members. 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.