About the ELCA Federal Credit Union

Banking with purpose

For the past 10 years, the ELCA Federal Credit Union has helped ELCA members and partners manage their finances in ways that reflect their faith. Sponsored by the church, our credit union operates with principles rooted in the ELCA’s mission, offering a socially responsible way to bank.

Created by the ELCA in 2016, the credit union extends its services to:

Individuals

• Members and participants of ELCA congregations
• Family members of current members
• Employees, students, volunteers, clients and other participants of ELCA-affiliated organizations
• Members and participants of UCC congregations and organizations
• Workplace Banking partners

Organiations

• ELCA congregations
• ELCA ministries
• Synods Social Ministry
  Organizations Colleges and Universities Schools
  Camps
  Campus Ministries
  Other ELCA-affiliated organizations
• UCC congregations

As the first of the ELCA’s financial ministries to offer individual consumer loans, the ELCA Federal Credit Union provides a full range of financial services to support you in your financial journey. More than a financial institution, it’s a member-owned financial cooperative created to serve members and strengthen the faith community.

When you join the ELCA Federal Credit Union, you become part of a financial cooperative where every member has a voice. Credit unions operate as economic democracies, meaning:

• Each member gets one vote—regardless of how much they have on deposit.
• Members work together to support one another financially.

By becoming a member and banking with us, you’re helping your fellow Lutherans and ecumenical partners of the ELCA. That’s because the money you save with us is loaned out to other ELCA Federal Credit Union members.

Also, as a member you can take advantage of the wide variety of financial services offered by the ELCA Federal Credit Union, including auto loans, personal loans, credit cards, checking and savings accounts, surcharge-free ATMs and more. And because the ELCA Federal Credit Union operates as a not-for-profit financial cooperative, you’ll find better rates and lower fees than those at most other financial institutions.

• Competitive rates on auto loans, personal loans and more
• Checking and savings accounts
• Access to surcharge-free ATMs nationwide
• Fewer and lower fees than most traditional financial institutions