The duration for this new entity was set at 100 years. The Credit Union would be called “Davis School District Employees Credit Union” with the original domicile of the business being Davis High School. Articles of Incorporation were presented at this meeting. On April 6, 1956, 12 visionary people attended a meeting held at Davis High School for the purpose of establishing a credit union for employees of the Davis County School District. This opens your Share Savings account and the door to your financial future. One Abraham Lincoln ($5) is all it takes to become a member.
To find out more about membership benefits visit here: Member Relationships Last year, HCU Premiere Members were paid more than $20,000 in rebates. MEMBER PERKS. Get member-only discounts, and benefits throughout the year. SAVINGS. Traditionally, credit unions pay higher interest rates on savings accounts. If they don’t have an answer right then, they will always find the answers for you. Our staff is trained to call you by name.ĮXPERTS. When you visit an HCU branch you can rest assured our staff will be armed with the knowledge needed to get you the products and services you require.
We live where you do and we want to make banking convenient. Profits made by the credit union are returned to the HCU member base in the form of lower rates, fewer fees and enhanced services.ĬOMMUNITY. We exist solely to serve you. What does this mean? Rather than worry about making money, we spend our time ensuring you spend less of yours. Our members (account holders) are the owners of the institution - unlike banks, who are owned by shareholders who expect high returns on their investment. We are a credit union - a not-for-profit organization that provides financial services to its members. Horizon Credit Union has been providing personalized financial services for each member in an efficient, convenient, and caring manner for over 60 years. Our tradition has been to live by the credit union motto: “To promote thrift among its members by affording a means for saving and investing money, by procuring deposits or loans of funds upon the associated liability of its members, by furnishing advances or loans for productive, provident and remedial purposes, by promoting in a cooperative spirit the ideals of help for self-help, in the interest of its members.” WHY HORIZON? Horizon Bank has 14,900 members, 56 staff and “maintains nine branches on the NSW south coast extending from Thirroul to Merimbula.Mission Horizon Credit Union Promotes the financial wellbeing of its members. Lysaght has 2400 members, eight staff and two branches. There will be no forced staff redundancies, the two boards said yesterday. It is anticipated that the merger be completed by 31 March 2021. Only Lysaght Credit Union members will need to vote on the merger proposal, with a Special General Meeting expected to be held in late 2020 or early 2021, subject mainly to APRA’s priorities. Therefore, exploring merger opportunities has been a part of the Lysaght board’s strategic planning over the past 12 months.” “That is not realistic in the face of rising costs, decreasing margins, and the required investment in technology and compliance. In a statement to members, chairman Viktor Tomeski said “Lysaght Credit Union has been an integral part of the South Coast and BlueScope (Springhill works) community for over 50 years and we want to ensure that our members have another 50 years to look forward to.
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