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History of SCCU
Founded in 1934, Spokane City Credit Union first began as an occupational based credit union for City employees. Originally called City Employees Credit Union of Spokane, our goal was to provide premium services while providing friendly customer service. In 1978, the membership was broadened to include employees of the Spokane Transit Authority. A few years later in 1980, we changed our name to Spokane City Credit Union and extended our membership to anyone who lives, works, worships, or goes to school in the State of Washington.
Although we have grown throughout the years, we have never lost focus of our goal. Members of this credit union have access to a wide range of services and benefits. These have evolved through time to provide the highest quality of financial services and competitive interest rates.
Spokane City Credit Union, a non-profit financial cooperative, is incorporated by the State of Washington. This credit union’ bylaws define our purpose to ”promote thrift among its members and create a source of credit for them at legitimate rates of interest for provident, productive, and educational purposes.”
The Credit Union Difference
In 1935, when credit unions were helping Americans through the Great Depression, the treasurer of a Midwestern credit union said that credit unions were “not for profit, not for charity, but for service,” and that philosophy holds true today.
Credit unions continue to look out for their members’ interests and provide a level of service that is not generally available at other financial institutions. Whether it’s providing a loan to help a member cover unexpected medical bills, giving financial counseling to a member whose company closed its doors, or simply offering a better deal on a used car loan, credit unions make a difference for their members and the communities they serve.