DALLAS (PRWEB) May 01, 2020
On April 18, 2020, Neighborhood Credit Union officially turned 90 years old.
Neighborhood Credit Union is honored to achieve 90 years of service in the Dallas-Fort Worth area. Celebrating the milestone all year long, Neighborhood CU is offering multiple promotions and special content for members. You can keep up with everything on the dedicated webpage.
History of Neighborhood Credit Union
The Dallas-based credit union opened their doors just months after the U.S. stock market crashed in 1930. During the Great Depression, when American confidence in financial institutions was at an all-time low, Dallas Postal Credit Union worked hard to earn trust and loyalty of its charter members. The first decade came with its own unique set of problems just as any company would, but Dallas Postal CU continuously grew with $151,119.76 (equal to over $2.8 million today) and 655 members. From 1940 to 2000, Dallas Postal CU continued to grow its membership and embrace the changes with technology, new products were introduced, and assets continued to increase. In 2001, the credit union officially changed its name to Neighborhood Credit Union, a name that more accurately defines the diverse base of members from all over the Dallas area.
Neighborhood Credit Union Today
Neighborhood Credit Union is fast growing with over 56,000 members and has assets that now top $850 million. Neighborhood Credit Union’s ongoing effort to offer members convenient services in their communities with 13 branch locations and two more opening soon in the North Texas communities of Anna and Prosper, a freshly designed website, and an award winning mobile access wherever they go has made them a top-rated credit union in Dallas-Fort Worth.
The accounts available at Neighborhood Credit Union benefit a member at any stage of life. Get free checking and cash back rewards with Kasasa Cash Back! The Fresh Start account is great for those needing to get back on their feet with a low opening deposit. You can earn more while using Kasasa Cash, a free and high yield interest checking account earning 2.05% Annual Percentage Yield* - the only account like it in North Texas.
The High Yield Savings account allows the ease of 24/7 access while growing your savings. If you’ve got some time, using one of our Certificate of Deposit accounts for an extended time will pay off big.
“We cannot thank our members enough for allowing us to be a staple part of the North Texas community," said Chet Kimmell, president and CEO of Neighborhood Credit Union. “When you join a credit union, you become a stakeholder of the organization and are the key players in how we operate. We would not exist if it weren’t for our dedicated members. We look forward to continuing our work to keep our members happy and financially successful for another 90 years. Thank you.”
To celebrate their birthday, Neighborhood Credit Union is asking for everyone to contribute to an ongoing fundraiser for the North Texas Food Bank. Due to the coronavirus (COVID-19), millions are living in uncertainty and have lost their only source of income. Food banks all across the United States are struggling to keep up with the sudden shift in our society. This is exactly why we have pledged to donate dollar for dollar up to $25,000. If we successfully reach our goal, we can collectively donate over $50,000 to the North Texas Food Bank. You can donate today by visiting the Neighborhood Credit Union Facebook page.