About Us
At Prevail, our mission is simple: To enhance the quality of life for our members. We do this by providing the best possible financial products and services—always with the members' best interest in mind.
Unlike a bank, which is in business to make money off its customers, we are a not-for-profit financial institution. That is how we can offer higher dividends on savings accounts and CDs, and lower interest rates on loans and credit cards.
Anyone who lives or works in the state of Washington can join Prevail Credit Union. So can their family members, no matter where they live!
When you become a member of Prevail Credit Union, you literally own a part of the credit union. We are "people helping people" in the truest sense.
Our History
Prevail Credit Union was formed in 1940 to provide an alternative to traditional banking services for King County government employees and their families. The original founders believed that financial services could be offered at lower costs and would be easier to obtain by fellow employees. The credit union philosophy of "people helping people" was the guiding force behind this venture.
Prevail Credit Union has grown dramatically by over $230 million in assets and provides financial services and products to over 19,500 members. The membership base has been broadened to include anyone who lives, works, or goes to school in the State of Washington.
We remain, and will always remain, member-owned and locally operated. Every member has an equal vote in shaping the future of the credit union. You and other members elect a volunteer board of directors to oversee the credit union. How we do business is your business—your opinion counts here!
