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Welcome to NWCCU at SXU!
Mission Statement
Northwest Community Credit Union at SXU is an on-campus, student run, non-profit financial institution. Our mission is to provide financial knowledge and personalized service to the students, faculty, staff and alumni, while offering students an opportunity to gain real-world experience.
What is a credit union?
Credit unions are like banks, but better! Credit unions accept deposits, make loans, and provide many other financial services. As a member-owned cooperative institution, credit unions provide a friendly environment to save and borrow at reasonable rates.
- Members are given the opportunity to vote for directors who serve on the volunteer board. This board then makes decisions on the member’s behalf.
- The cooperative idea can be explained easily; one member’s savings can become another member’s loan.
- Profits of the credit union are shared through lower fees, higher interest rates on deposits and lower rates on loans.
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