About TCU
“Our mission is: To be a caring and involved financial partner in our community.”
We are a not-for-profit financial institution that reaches out to our community to help serve and educate people of all ages. Thornapple Credit Union wants to be your financial partner, not just another financial institution. Connect with us and explore not just your financial journey but financial wellness.
The Credit Union Difference
“Our mission is: To be a caring and involved financial partner in our community.”
Credit Unions
-
Credit Unions are managed by volunteer Boards of Directors who serve only to assist the financial health of the entire membership. Credit Union members vote in board elections.
-
Credit Unions do not operate for a profit, and therefore do not pay corporate income taxes. Credit unions pay other state and national taxes.
-
Credit Unions, by federal law, must retain a high percentage of capital to protect members' savings, weather tough economic times, and fund growth and better service.
-
Credit Unions, as not-for-profit organizations, serve the financial well-being of the members through free consumer education and counseling.
Banks
-
Banks are managed by boards of shareholders who expect to profit from the customers who use their products and services. Bank customers have no input into the management of their financial institution.
-
Banks operate for a profit, and therefore do pay corporate income taxes and all other state and national taxes.
-
Banks can issue stock to raise capital and must retain a low percentage for savings. Banks can grow any way they choose and expand into any market they choose.
-
Banks can serve any customer in any state, and their growth is not restricted by any government agency.
Stay Connected With Us
Our team is committed to not only serving you on the financial side but also being involved in our communities that we serve, highlighting products that benefit every step of your financial journey, and offering up-to-date information on financial wellness. Learn about the various ways to keep in touch with your Credit Union through 'Stay Connected.'
Connect
Follow our journey and join our community on social media.
All of Us at TCU
Experience the difference with Team TCU – where efficient service meets friendly expertise. Enjoy exceptional member financial services, complete with favorable rates and fees.
