Member Benefits

Benefits provided by credit unions
Since credit unions are not-for-profit financial institutions, we can focus on delivering better services for our member-owners. You can potentially benefit from this in a variety of ways.

Personalized member service
We strive to go above and beyond to help our members reach their financial goals. Since we are not-for-profit, we can focus on helping you with your individual financial needs.

We give back
We give back profits to you in the form of higher interest rates on products like CDs and savings accounts. We charge lower fees than most other financial institutions. Our associates also volunteer their time in the community for charities and non-profit organizations.

Lower loan interest rates
The price to borrow money from a credit union, known as the interest rate or APR, is typically lower than it would be from a bank.

Community focus
We are local! In 1963, a group of people at Western Kentucky University established a credit union to help their associates with loans and savings. Now we also serve South Central Kentucky. If you live, work, or worship in the Barren River Development District, (BRADD), you can belong. Our Board of Directors are all volunteers and live in our area too. Our associates and Board members focus on helping organizations in our community by volunteering.

Voting rights
When you’re a credit union member, you get to vote on the selection of credit union board members. When you become a member, you also become a co-owner of the credit union. Every member (account holder) owns one share of Service.

Credit union members like the idea that their checking and savings accounts help other members of the credit union get mortgages to buy their first homes, buy a car, or secure business loans to build the businesses of their dreams. Service One is “Where You Belong.”

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