Credit unions are different because:

• They don’t have customers, they have “member-owners” who have a vested interest in the credit union and a say in how it’s run. That’s why our accounts are called “shares.”
• They are nonprofit cooperatives, organized for the purpose of encouraging their members to save and allowing them to borrow at reasonable rates.
• They use this pool of savings to create a source of funds for loans for productive purposes at reasonable rates.
• All Profits go back into the credit union to improve services—not to outside sources or stockholders.
• Members have a mutual interest and are tied together by a common bond.

The PGCFCU difference
The common bond shared by members of this credit union is that we all live, work, worship, or volunteer in Prince George’s County, Maryland. The credit union was born in the county on July 18, 1967 and remains committed to serving its people, with over 12,000 members and assets above $80 million.

Our mission
Our mission is to provide, through a dedicated and experienced career staff, a complete range of financial services to improve each member’s financial well being.

Our board and staff
The credit union is governed by a Board of Directors, elected by our members from among our members. The board, in turn, employs a professional staff that operates the credit union. The board also appoints the supervisory committee that oversees our finances.

Board elections are conducted annually by mail, and any adult member in good standing is eligible to run. The results are announced at our annual meeting, usually held at the end of March.

If you’d like to know more about running for a board position or serving on a committee, be sure to contact us.