SEFCU was established in 1934 to serve the financial needs of its members. Since our earliest days, we have concentrated on providing outstanding member service and a wide range of credit union products at an affordable cost.
We are especially careful to keep our service fees as reasonable as possible. In fact, our written policy prohibits the use of fees to generate income for the credit union.
"SEFCU will assess reasonable fees only to offset costs and to encourage responsible use of SEFCU's services by the membership."
In addition, an ongoing SEFCU goal is to maintain a generally competitive position on products and services.
We cannot always offer the lowest price or the highest return on every product and service without negatively affecting the quality of our offerings and the soundness of our financial cooperative. However, the credit union regularly reviews rates and fees and adjusts them accordingly, in order to apply the best pricing possible for the benefit of our membership.