Message from the President
I recently read an article about Steve Jobs. He was portrayed as having a distain for people who put profits ahead of people. It is said he called the crop of executives brought in to run Apple after he was ousted in 1985 “corrupt people” with “corrupt values” who cared only about making money. What a profound statement. But wasn’t Steve Jobs very rich? Well, yes. But profit isn’t what motivated him. People did. He put people first… and the money followed.
Did you know that credit unions are people-first, not for profit, 501c organizations? That’s right, we are a “non-profit financial co-op.” What does this mean? It means that the money we make (profit) from our credit union business never makes its way into the pockets of wealthy stockholders. It remains within the company as one of two things. One, it remains as capital or reserves, or two, the profits we generate we give back to you! How do we give it back to you? In the form of lower loan rates, higher savings rates, refunds, or free products like free checking with mobile banking. We can do this because we don’t have to pay private or public shareholders.
Like Steve Jobs did, Space City Credit Union puts people first. I want you to know why we exist… for YOU. Everything we do is about serving you, our members. We are here for you - and without you - we don’t exist.
We are so very different than a bank. If you are a customer with a bank, I urge you to move your checking account to Space City Credit Union where you are helping other people (and yourself). At a bank, you are contributing to a system of creating wealth for the super wealthy. Credit Unions create wealth for YOU!
If you’re a member with a savings or loan only… great, thank you. But if you are giving a bank your checking account, please consider moving it to us. Join us 100% and make Space City Credit Union your “PFI” or your Primary Financial Institution. The more we grow, the more benefits and rewards we can return to you and your fellow members.
If you have any questions about this or anything related to your money or finances, I’m here to answer your questions and provide you with solutions. Just call me or send me an email. 713.222.1244 or CR@SpaceCityCU.com. I’m here to serve you.