Forum Credit Union?

Understanding Forum Credit Union

What exactly is Forum Credit Union? It is, in essence, a member-owned financial cooperative that offers a range of banking services to its members. Unlike traditional banks, credit unions such as Forum are not driven by profit. Instead, they are focused on helping their members achieve financial stability and success. The members are the owners, and they have a say in the union's operations. It's a democratic approach to banking that prioritizes the needs of the members over the push for profits.

The History of Forum Credit Union

The story of Forum Credit Union begins in 1941. It started out as Indiana Telco Credit Union, serving the employees of Indiana Bell Telephone Company. Over the years, it grew and expanded its membership to include other companies and individuals in the Indiana area. In 2001, it changed its name to Forum Credit Union to better reflect its diverse membership. Today, it's one of the largest credit unions in Indiana, serving over 160,000 members.

Services Offered by Forum Credit Union

Forum Credit Union provides a range of financial services to its members. These include savings and checking accounts, credit cards, mortgages, auto loans, and personal loans. Members can also access investment and retirement planning services. It also provides online banking services, allowing members to manage their finances conveniently from anywhere, at any time. Forum Credit Union is committed to offering competitive rates and flexible terms to its members, as well as personalized customer service.

The Benefits of Membership

Joining Forum Credit Union comes with a number of benefits. As a member, you will have access to competitive rates on loans and savings accounts, lower fees than traditional banks, and a voice in how the credit union is run. You can also take advantage of financial education resources and personal finance tools. Furthermore, as a not-for-profit organization, any profits made by the credit union are returned to the members in the form of higher interest rates on savings and lower rates on loans.

How to Become a Member

Becoming a member of Forum Credit Union is straightforward. You can apply online or visit one of their branches. You will need to provide some basic personal information and make a minimum deposit to open an account. Membership is open to anyone who lives or works in the state of Indiana, as well as the family members of current members.

Forum Credit Union's Commitment to the Community

Forum Credit Union is deeply committed to serving the local community. They regularly contribute to various charities and nonprofit organizations, and they offer financial education programs to schools and community groups. They also sponsor local events and initiatives that benefit the community. This commitment to service is part of what sets Forum Credit Union apart from traditional banks.

Online and Mobile Banking with Forum Credit Union

With Forum Credit Union, you can manage your finances on the go with their online and mobile banking services. You can check your account balance, make transfers, pay bills, and even deposit checks using your smartphone. Their mobile app is user-friendly and secure, ensuring that your personal information is always protected.

Customer Service at Forum Credit Union

Forum Credit Union prides itself on its exceptional customer service. As a member, you can expect personalized attention and support. Their customer service representatives are knowledgeable and friendly, and they are committed to helping you achieve your financial goals. Whether you have a question about your account, need help with a loan application, or simply want to learn more about their services, you can count on Forum Credit Union to provide the assistance you need.

Financial Education and Resources

Financial education is a key component of Forum Credit Union's mission. They offer a variety of resources to help members improve their financial literacy and make informed decisions about their money. This includes online articles and tutorials, financial calculators, and workshops on topics like budgeting, saving for retirement, and managing credit.

Is Forum Credit Union Right for You?

In conclusion, Forum Credit Union is a member-focused financial institution that offers a wide range of services. Their commitment to their members, their community, and financial education set them apart from many traditional banks. If you live or work in Indiana, and you're looking for a financial institution that puts your needs first, Forum Credit Union might be the right choice for you.