About Us
The
Dundalk District Credit Union celebrated 60 years in business
in 2003. The Credit Union is a cooperative, owned and operated
by its members. This is what distinguishes a Credit Union
from other financial institutions. Members put their money
in a variety of savings accounts, and that money, in turn
is loaned to members. After operating expenses and reserve
requirements, net income is returned to members in the form
of interest bonus payments and comprehensive financial services.
A Board of Directors establishes and reviews
policies that govern the Dundalk District Credit Union. The
Directors must be members of the Credit Union. They are elected
by the Membership for a period of three years. Directors must
be willing to participate in the Credit Union Directors Education
program. |