About Us

A History of Stability

Prosperity Federal Credit Union was founded in 1941 as the credit union for employees of Shell Oil. Over the years, we have grown to a $14 million dollar credit union, serving more than 3,000 members. Throughout our existence, we have remained a stable credit union through sound financial management and a conservative approach to lending and investments.

Safety and Soundness – NCUA Insurance

Your Funds are Safe and Sound with Prosperity FCU

Consumers have always been concerned about the safety and soundness of their financial institution. We understand these concerns and we want to assure you that Prosperity Federal Credit Union is safe, sound, and stable.

Insured up to at least $250,000 by the National Credit Union Administration

All deposit accounts at Prosperity Federal Credit Union are federally insured to at least $250,000 by the National Credit Union Administration (NCUA). IRAs are insured separately up to an additional $250,000 per depositor. The NCUA is the federal agency that charters and supervises federal credit unions and insures savings in federal credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States government. The NCUA covers credit unions just as the FDIC covers banks.

Independent Financial Reviews

Not only are your funds insured by the NCUA, but we also have multiple layers of independent performance review. We are examined regularly by the National Credit Union Administration and each year, we hire a private CPA firm to assess accounting practices, and we report to the volunteer Supervisory Committee, who are representatives for the membership.

Prosperity Federal Credit Union is healthy and strong.

You can feel confident that your money is safe with us!

Hours/Locations/Branches

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