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About Us
Now,
you can join Prevail Credit Union if you live or work in Washington!
Our Story
In 1940, Prevail Credit Union was formed 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.
Over the past 60+ years Prevail Credit Union has grown to over $173
million in assets and provides financial services and products to
over 22,000 members. The membership base (King County Government
Employees) has been broadened to include over 225 small employer
groups, and seven credit unions have been merged into Prevail Credit
Union.
Now, Prevail Credit Union is at a point where membership growth and asset growth
must be balanced with our ability to provide superior services and
products while maintaining a high capital-to-assets ratio. Competition
now includes not only large banks, but also Internet banks and yes,
even other credit unions. To continue to grow and prosper, as
well as the evolution of services available electronically, Prevail Credit Union
has expanded its field of membership to include anyone who lives
or works in Washington State.
You can quote us on it!
Our Mission Statement:
To enhance the quality of our members' lives with outstanding service.
Our Vision Statement:
To be the preferred financial institution.
Our Philosophy statement is:
To provide the members of the Prevail Credit Union all products,
services and benefits in a fiscally responsible manner.
Helping Hands
The primary purpose in establishing Prevail Credit Union was to create a "people
helping people" environment. And since 1940, Prevail Credit Union members have joined
together to save money and, in turn, lend this money to fellow members.
That same principal exists today. Our members continue investing
in each other, as well as themselves, unlike any bank you've ever
seen!
Member-owned and locally operated, our mission is to help our members
save more effectively, get
the loans they need, and nourish
financial growth.
At Prevail Credit Union you also have 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. You have an important say in how we
do business. Your opinion counts!
Do you qualify?
You qualify to join Prevail Credit Union if you...
- work for a member company such as one of the following: Metropolitan
King County Government, affiliates of Fisher Broadcasting (including
KOMO television), Sears and its related companies, Starbucks
Coffee, or over 200 other employer groups;
OR
- live, work, worship, or go to school anywhere in Washington
State; OR
- have a family member who meets one of the above criteria.
This includes children, parents, grandparents, aunts, uncles,
and cousins.
Join us!
You may join in person by coming in to one of our branch
locations, or by calling 1-800-248-6928 or filling out the online
new account application request form to receive membership information
by mail.
All it takes is a few minutes of your time and $5 deposited into
a savings account to begin a lifetime membership with Prevail Credit Union. And
remember... Once a member, always a member.
Prevail Credit Union is a Washington
State non-profit financial institution. Prevail Credit Union
is also federally insured through the National Credit Union Share
Insurance Fund (NCUSIF), an independent agency of the U.S. Government
and a branch of the National Credit Union Administration (NCUA).
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