{"id":14844,"date":"2026-01-13T22:14:36","date_gmt":"2026-01-13T22:14:36","guid":{"rendered":"https:\/\/poefcu.org\/?page_id=14844"},"modified":"2026-01-13T22:17:06","modified_gmt":"2026-01-13T22:17:06","slug":"whats-a-credit-union","status":"publish","type":"page","link":"https:\/\/poefcu.org\/index.php\/whats-a-credit-union\/","title":{"rendered":"What’s A Credit Union?"},"content":{"rendered":"
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What Is A Credit Union?<\/h2>\n<\/div>
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Credit unions are cooperatives established to provide financial services for their members. Post Office Employees Federal Credit Union was chartered in 1931, to serve employees of the Postal Service in Northwest Louisiana.<\/p>\n

Ownership of the credit union is its members \u2013 There are no outside investors. The savings of the credit union members are loaned to other members. The income from the loans is used to operate the credit union and pay dividends to the members who have savings deposited in the credit union.<\/p>\n

Credit Union Board of Directors are elected by the membership and are strictly volunteer. They receive no compensation for their services. The Board of Directors establishes policies for the credit union operation and the staff and employees implement those policies and are responsible to the Board of Directors.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Philosophy and Structure<\/h2>\n<\/div>
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Credit unions are democratically owned and controlled institutions based on \u2018people helping people\u2019 principles. Credit union Board of Directors are elected by members; each member has an equal vote, regardless of how much he or she has on deposit. Only members may serve as directors, and directors serve without compensation. Credit unions have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of higher dividends on savings, lower loan rates, and lower-cost services.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Message from the Manager<\/h2>\n<\/div>
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POE FCU is dedicated to serving our membership\u2019s financial needs. Technology is constantly changing and the delivery of financial services is evolving also. We hope to be able to meet those needs and continue to serve you as efficiently as possible.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Are Savings Deposits Insured?<\/h2>\n<\/div>
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Yes. All savings accounts are insured up to $250,000 by the NCUA, the National Credit Union Administration, an agency of the federal government.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Who Can Join A Credit Union?<\/h2>\n<\/div>
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If you live, work, attend school, or worship in Caddo, Bossier, Desoto, or Webster Parishes, you can join.<\/p>\n

You can also join if you have a family member who is already a POE FCU Member.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-14844","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/pages\/14844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/comments?post=14844"}],"version-history":[{"count":2,"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/pages\/14844\/revisions"}],"predecessor-version":[{"id":14847,"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/pages\/14844\/revisions\/14847"}],"wp:attachment":[{"href":"https:\/\/poefcu.org\/index.php\/wp-json\/wp\/v2\/media?parent=14844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}