Happy Labor Day! As a reminder, all SCU branches and the call center are closed today. Enjoy the day, we will too 😄 #LaborDay #UnitedStates
About us
Mission Statement: Sacramento Credit Union's mission is to provide prompt, competitive, quality consumer financial services to our members in a friendly, professional, and prudent manner. What is a Credit Union? The credit union concept originated in Germany in 1849 when a group of townspeople pooled their funds to save their village from financial ruin. Edward Filene, known as "the Father of the Credit Union Movement," formed the first credit union in the United States in 1908 in New Hampshire. The idea gained popularity rapidly all across the nation, and in 1934 the Federal Credit Union Act was created, enabling credit unions to incorporate under a federal charter. Credit unions are owned and operated by their members, making them very different from other financial institutions. Typically formed by people who have something in common, such as general employment, credit unions serve as a source for saving and borrowing money. Here's how it works -- members deposit their money into various savings and investment accounts. The money in those accounts is then loaned to other members who pay it back with interest. That income pays for the credit union's operating expenses and reserve requirements, and the rest is returned to members in the form of dividends (interest on deposits) and other services. "Not for profit. Not for charity. But for service." The credit union slogan says it all -- credit unions are not in it for the money; they exist for the sole purpose of serving their membership. That means higher dividends on savings and lower interest rates on loans. There is no select group of shareholders, so all of its members profit.
- Website
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http://www.sactocu.org
External link for Sacramento Credit Union
- Industry
- Banking
- Company size
- 51-200 employees
- Headquarters
- Sacramento, CA
- Type
- Nonprofit
- Founded
- 1935
Locations
Employees at Sacramento Credit Union
Updates
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We will be closed on Monday, September 2nd, in honor of Labor Day. Access to our 24/7 online banking will still be available 📱 #LaborDay #Holiday #CreditUnion
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Ruff weekend? Here are some photos of dogs from the team at SCU. Happy National #Dog Day 🐾 #Dogs #Puppy #NationalDogDay
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Meet Diego! 🌟 He has been a dedicated team member at SCU for 3 years, helping our members with their financial needs as a Financial Service Specialist III. Diego loves "resolving issues for our members and being a team player!" His passion for helping others is truly inspiring. He shares, "I've always wanted to be in the financial industry, and SCU gave me the perfect opportunity to start my career." Outside of work, Diego enjoys spending quality time with family and friends, hanging out with his dog Ruby, and working on his cars. He's also been exploring new foods and stepping out of his comfort zone! Come visit Diego and experience the exceptional service at our Bradshaw branch! 🏦✨ #EmployeeSpotlight #SCU #FinancialServices
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Buying a home is a major life decision and can be a stressful process. This is why having an experienced realtor is important in your search for your next home. 🏠 Check out these 4 questions we recommend you ask your realtor when looking at homes! #RE #Realtor #RealEstate
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Happy National Non-Profit Day! As a non-profit organization, our members have a say on how we conduct business. It is our mission to prioritize members' goals, provide modern financial products, and help you manage and grow your money. Since 1935, our members have always come first. 😄 #CreditUnion #NonProfit #Money
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Sacramento Credit Union reposted this
It's #FollowFriday; it's time to kick off the weekend! Be sure to follow these awesome #CreditUnions! Sierra Central Credit Union Arize Federal Credit Union Sacramento Credit Union Cal State LA Federal Credit Union #creditunion #creditunionlife #credituniondifference #peoplehelpingpeople #cudifference #communityspirit #beststaff
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We're #hiring a new Branch Manager III in Elk Grove, California. Apply today or share this post with your network.
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#SacramentoCreditUnion would like to welcome its newest team member, Dylan Angove. Dylan is the newest Branch Lead at our H-Street Branch. We are excited to have him join the team. Welcome to Sacramento Credit Union, Dylan! #Sactocu #SacramentoCreditUnion #SCU
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