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Dyersburg Credit Union strives to meet the needs of our membership by providing financial services of the highest quality through sound financial management and friendly personal service.
What is a Credit Union?
A credit union is a member-owned, non-profit cooperative. When you join you become a member and part owner. Satisfying the members is the credit union’s only goal. To encourage savings by offering competitive rates and use the collective funds of members to make loans at competitively low interest rates while offering better service is the credit union’s purpose. When members borrow it is from their friends and fellow workers which demonstrates the credit union motto “People
Helping People”.
As a credit union member, you truly are a part owner. You get to vote during the election of the Board of Directors, Credit Committee and Supervisory Committee members, who all serve as volunteers.
How to Join?
You may come by the office and complete the membership application. There is a one-time
life-time membership fee of $5 and to keep your share account open you must maintain a $5 minimum balance.
Who is Eligible to Join?
In 2004, DCU converted from an occupational/associational field of membership to a community field of membership covering Dyer County. The new field of membership now includes: Anyone
who lives, works, worships or attends school and businesses or other legal entities
located in Dyer County. Immediate family members are eligible.
Once a Member, Always a Member
All a member has to do to maintain a life-time membership is remain in good standing and keep five dollars ($5) in the savings account.
How Does a Credit Union Work?
Members deposit money in their savings regularly. These savings provide a fund from which members may borrow for loans. From the interest earned on the loans, operating expenses and reserve funds are deducted; the remainder is paid back to the members as dividends. The safety and soundness is very important to the elected directors and committee members. The Tennessee Department of Financial Institutions and the National Credit Union Administration have strict regulations and provide thorough and regular audits. An independent outside audit is conducted annually and internal audits performed regularly.
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Your savings federally insured to at least $100,000 
© Copyright 2008 Dyersburg Credit Union All rights reserved.