Philosophy & Structure

Credit Unions are democratically owned and controlled institutions based on 'people helping people' principles.  Credit union boards 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.

Message from the President

TCFCU membership is comprised of employees and retirees of Dow Chemical (formerly Union Carbide) and its subsidiaries, and other small employee groups in St. Charles, St. John, and St. James Parishes.

TCFCU was organized in 1976, and has grown to over $45 million is assets.  Our membership totals over 6,400.  We exist solely to help our members obtain sound financial footing and reach their personal financial goals.