What Is A Credit Union?
A credit union is a member-owned, not-for-profit cooperative that is owned, managed and utilized by its member-owners. The Board of Directors is elected from and by the general membership and are unpaid volunteers. The members are both the “stockholders” and the “customers”. Therefore, any “profits” the credit union realizes are returned to the member-owners in the form of lower loan rates, higher savings rates, lower fees and stronger capital than for-profit, stockholder-owned and controlled banks.
At Telco, it's all about our members. Not only do we offer low interest rates and higher dividends but we also offer additional insurance options, investment services, and even discounted tickets to Dollywood and Splash Country!
Dollywood Discounted Ticket Prices
Splash Country Discount Prices
Telco Community Credit Union has a long history of embracing the Credit Union motto “People Helping People”. We go beyond helping members with financial services and proudly engage with our communities with charitable services.
Over $10,000 raised and countless man-hours are contributed to local charities and individuals annually.
- Support to individual members for heating bills, medical expenses, short term housing, school supplies
- Christmas gifts for children who otherwise would receive very little if anything
- Local charities include Eblen Foundation, WNC Rescue Mission, Shriners, Fraternal Order of Police, Fire Fighters Associations, Community Centers, Health and Dental Ministry
Telco is a Seven-Time recipient of the Dora Maxwell Social Responsibility Community Service Award, recognizing outstanding activity in community support. In 2015 we won First Place in our category within the Carolinas Credit Union League. You can click Here to view a short video on the 2015 awards.
Telco Community Credit Union has been providing financial services to communities in Western North Carolina for over 80 years. We were organized in 1935 to serve the employees of the Southern Bell Telephone System. Today, we are a community-chartered credit union serving 21 counties.
For a more detailed chronicle of our history, click here.
Telco Community Credit Union is a not-for-profit financial cooperative owned by its members. This means that as a credit union member, you are never a customer, but a full partner and owner. The credit union motto “People Helping People” is demonstrated in every transaction that takes place at Telco Community Credit Union. We promise each member personalized service and individualized financial attention.
2022 Annual Report
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