Mission: Creating valued relationships by helping build your financial future.
Member Promise: We promise to simplify your life, work in your best interest, provide solutions to help you achieve financial success, and deliver a prompt, consistent, positive experience.
Fairfax County Federal Credit Union
began operations in April, 1958. The credit union was established to serve the financial needs of Fairfax County Government employees. It began as a part-time operation maintained in the treasurer's desk drawer at the old courthouse, and grew into the multi-million dollar, highly successful business it is today. It began as a service for Fairfax County employees and now serves anyone that lives, works, worships, or regularly does business in Fairfax County.
Steadfast, focused, conscientious volunteers determined to do their best to provide topnotch services for their membership in the finest tradition of the credit union movement, has made this credit union successful. Our record of service forms the backbone of our history. Unchanged is our commitment to member service. We believe our membership deserves the highest level of service and a staff with a deep desire to help.
What is a Credit Union?
A credit union is a financial cooperative, owned and controlled by the people who use its services (our members). Fairfax County FCU remains true to the credit union philosophy of “People Helping People” by operating as a not-for-profit financial institution, existing to provide a safe and convenient place for members to save money, offering loans at reasonable rates, and operating under the 7 Cooperative Principles.
These principles include:
- Voluntary Membership
- Democratic Member Control
- Members’ Economic Participation
- Autonomy and Independence
- Education, Training and Information
- Cooperation Among Cooperatives
- Concern for Community
Credit unions, like any other financial institutions, are regulated by the National Credit Union Share Insurance Fund (NCUSIF), which is the credit unions' equivalent to the bank’s FDIC insurance. Regular deposits accounts are insured to at least $250,000 and individual retirement accounts are insured separately to at least $250,000.