Mission Statement: Sacramento Credit Union's mission is to provide prompt, competitive, quality consumer financial services to our members in a friendly, professional, and prudent manner. What is a Credit Union?
The credit union concept originated in Germany in 1849 when a group of townspeople pooled their funds to save their village from financial ruin.
Edward Filene, known as "the Father of the Credit Union Movement," formed the first credit union in the United States in 1908 in New Hampshire.
The idea gained popularity rapidly all across the nation, and in 1934 the Federal Credit Union Act was created, enabling credit unions to incorporate under a federal charter.
