About HCU

Since 1949, we have provided our members with a place to save their hard-earned money and earn excellent dividend rates on those savings, while offering loans at the lowest rates possible. Our sole purpose is to help our member-owners with all their financial needs through all walks of life.

Our Purpose

Hometown Credit Union is a financial cooperative which is owned and operated for its members’. We seek to promote thrift and economic development of our trade area. We strive to provide the best possible financial services to meet members’ needs. Hometown Credit Union seeks to grow while maintaining its long-term financial stability. 

Our Values

• Committed to balancing members’ needs with financial soundness
• Reliable in being available, offering competitive products, and resolving issues
• Respectful of members’ time and needs, and each others
• Responsive to members and each other
• Quality oriented in service and products, and in our work with each other

MEMBERSHIP IS OPEN

Anyone who lives within a 75 mile radius of our Kulm, or 50 mile radius of our Hazelton, ND offices.

 “ONCE A MEMBER, ALWAYS A MEMBER” –  Your financial and economic interests will continue to be a matter of personal and direct concern to your Credit Union, even if life takes you away from your hometown. All of our services remain at your disposal and we hope you will continue to make full use of them.

Your savings are secure and are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), an arm of NCUA. The NCUSIF is backed by the full faith and credit of the United States government. Your IRA retirement accounts are insured up to $250,000. Click here for more details.

In true cooperative spirit…More than 186 million people worldwide belong to a credit union just like Hometown Credit Union. When you go to the credit union, you’re not just a customer-you’re a member. It really is “your credit union.” Banks belong to shareholders, hoping to profit from your transactions. At a credit union, any earnings are returned to you in the form of better rates on loans and savings. Your voice is heard through our volunteer Board of Directors who are elected by you and other members of Hometown Credit Union. As a not-for-profit financial cooperative, your funds are invested locally, helping other member owners from our community.

The Credit Union Difference

A Credit Union is a cooperative financial institution that is owned and controlled by its members – very much like your rural electric and telephone cooperative. Credit Unions serve groups of people that share something in common. Hometown Credit Union members have where we live in common – our membership is only open to those living within an area consisting of a 75-mile radius of Kulm, and 50 mile radius of Hazelton, ND.

Credit Unions are non-profit, and provide a safe, convenient place for members to save money and get loans at reasonable rates. The Credit Union idea is simple: People pool their money and make loans to each other. Banks, Savings & Loans and Credit Unions all accept deposits and make loans. But Banks and Savings & Loans are owned by stockholders whose interests include earning a healthy return on their investments – they are in business to make a profit.

Like other financial institutions, Credit Unions are closely regulated and operate in a very prudent manner. The National Credit Union Administration, an agency of the federal government, insures deposits to at least $250,000.

Who Runs The Credit Union?

Credit Unions are not like other financial institutions.  They are cooperatives.  Members vote for the credit union’s board of directors.  Officers and directors are chosen from the membership and serve on a voluntary basis.  Each member has one vote.  There are no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of dividends on savings, attractive loan rates and the development of new services.

The guiding principles of Credit Unions are:

• Credit unions exist “not for profit, not for charity, but for  service.”
• Credit unions are owned by their members.
• Credit unions are safe.  Deposits are insured up to $250,000 by the National Credit Union Administration.
• Credit unions have improved the economic well-being of their members not only in this country, but also in over 70 countries throughout the world.
• Credit unions have, for over 100 years, been committed to providing low-cost loans and fair return on savings to their members.
• Credit unions serve their members – not profit-driven stock-Holders – and claim “people helping people” as our creed.
• Credit union members share something in common – they work at the same place, attend the same church, belong to the same professional group or live in the same community.
• Credit unions’ directors are elected by the membership, from the membership, and serve without pay; service to members is their reward. This member-serving board of directors guarantees that the credit union is looking out for the interests of its members.

In 1934 Congress passed a federal credit union act, which permitted credit unions to be organized anywhere in the United States. In 1935, when credit unions were helping Americans through the Great Depression, the treasurer of a Midwestern credit union said that credit unions were “not for profit, not for charity, but for service,” and that philosophy holds true today.

You can learn more about Credit Unions at https://mycreditunion.gov/about-credit-unions.

Join Our Team

Want to help people achieve their financial dreams? We are always searching for hardworking, personable and highly motivated individuals who share our goals, values and the enthusiasm to join our team.

Working together, we operate a fun and family-oriented work environment where every associate has the opportunity to learn and grow in their career. 

CURRENT JOB OPENINGS:

Senior Loan Officer

We are seeking a full-time  Senior Lender in the Kulm, ND location. We are looking for a member focused, energetic individual with strong communication skills and solid decision making abilities. Responsibilities will include developing relationships with agricultural-based members, originating loans and servicing existing loan portfolios, taking an active role in the community, and being a supervisor for other loan officers. 

Experience with agriculture, finance, or accounting and lending experience is preferred. Salary is negotiable based upon experience.

 For consideration send cover letter and resume to:
Hometown Credit Union
Attn: Human Resources
PO Box 230
Ashley, ND 58413
abby@hcuonline.com

We are an Equal Opportunity Employer