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Perry Point Federal Credit Union is a not-for-profit financial institution that offers a range of financial products and services to its members. It was established in 1954 and is headquartered in Perryville, Maryland. The credit union has a mission to provide affordable financial services to its members while maintaining financial stability and security. In this guide, we will take a closer look at Perry Point Federal Credit Union, including its history, services, benefits, and member testimonials. We will also answer some common questions about the credit union and provide a nutrition facts table to help you make an informed decision.

History of Perry Point Federal Credit Union

Perry Point Federal Credit Union was established in 1954 by a group of employees of the Perry Point VA Medical Center. The credit union initially had only 26 members and $1,000 in assets. Over the years, it has grown to become a thriving financial institution with over 5,000 members and $50 million in assets. The credit union has a long-standing commitment to its members and the community. It has been recognized for its exceptional service and financial stability, receiving several awards and accolades over the years.

Services Offered by Perry Point Federal Credit Union

Perry Point Federal Credit Union offers a range of financial products and services to its members, including:

Savings Accounts:

The credit union offers various types of savings accounts, including regular savings, holiday club accounts, and certificates of deposit. These accounts offer competitive rates and help members save for their future goals.

Checking Accounts:

The credit union offers free checking accounts with no minimum balance requirements and no monthly fees. Members can also enjoy free ATM access at thousands of ATMs nationwide.

Loans:

Perry Point Federal Credit Union offers a range of loans to help members finance their dreams, including auto loans, personal loans, and home equity loans. The credit union offers competitive rates, flexible terms, and fast approval.

Credit Cards:

The credit union offers a range of credit cards to suit different needs, including rewards cards and low-rate cards. Members can enjoy competitive rates, no annual fees, and a range of perks and benefits.

Other Services:

Perry Point Federal Credit Union also offers a range of other services, including online and mobile banking, bill pay, e-statements, and more. Members can also enjoy access to financial education resources and personalized financial advice.

Benefits of Perry Point Federal Credit Union

Perry Point Federal Credit Union offers several benefits to its members, including:

Lower Fees:

As a not-for-profit financial institution, Perry Point Federal Credit Union is able to offer lower fees and rates compared to traditional banks. This allows members to save money on their financial services and achieve their goals faster.

Personalized Service:

Perry Point Federal Credit Union is committed to providing personalized service to its members. This means that members can expect to receive individual attention and support from the credit union’s staff.

Community Involvement:

Perry Point Federal Credit Union is deeply committed to the community it serves. The credit union supports local charities and organizations and participates in community events and initiatives.

Member Testimonials

Here are some testimonials from Perry Point Federal Credit Union members: “I have been a member of Perry Point Federal Credit Union for over 20 years and I have always been impressed with their service. The staff is friendly and knowledgeable, and they always go the extra mile to help me with my financial needs.” “I switched to Perry Point Federal Credit Union a few years ago and I have never looked back. Their rates and fees are much better than my previous bank, and their online banking system is easy to use and convenient.” “I love the fact that Perry Point Federal Credit Union is a not-for-profit institution. I know that my money is being used to benefit me and my fellow members, not to line the pockets of shareholders.”

Question & Answer

Q: Who can join Perry Point Federal Credit Union?
A: Perry Point Federal Credit Union is open to anyone who lives, works, worships, or attends school in Cecil County, Maryland, or is an immediate family member of an existing member. Q: How can I join Perry Point Federal Credit Union?
A: You can join Perry Point Federal Credit Union by filling out an online application or visiting one of their branch locations. Q: Is Perry Point Federal Credit Union FDIC insured?
A: No, Perry Point Federal Credit Union is not FDIC insured. However, it is insured by the National Credit Union Administration (NCUA), which provides similar protection.

People’s Response to Perry Point Federal Credit Union

Perry Point Federal Credit Union has received positive feedback from its members and the community for its exceptional service and commitment to its members. Many people appreciate the credit union’s personalized service, lower fees, and community involvement.

Nutrition Facts

Here is a nutrition facts table for Perry Point Federal Credit Union:

In conclusion, Perry Point Federal Credit Union is a not-for-profit financial institution that offers a range of financial products and services to its members. The credit union has a long-standing commitment to its members and the community and has received several awards and accolades over the years. If you are looking for a financial institution that offers personalized service, lower fees, and community involvement, Perry Point Federal Credit Union may be the right choice for you.