Credit union services are directed to improve the economic and social well being of all members.
To encourage thrift through savings and thus to provide loans and other services, a fair rate of interest is paid on savings and deposits, within the capability of the credit union.
The surplus arising out of the operations of the credit union after ensuring appropriate reserve levels and after payment of limited dividends on permanent equity capital where it exists, belongs to and benefits all members with no member or group of member benefiting to the detriment of others. This surplus may be distributed among members in proportion to their transaction to the credit union as interest or patronage refunds, or directed to improve or additional services required by the members.
A prime concern of the credit union is to build the financial strength, including adequate reserves and internal controls that will ensure continued service to the membership.