What is a credit union?
We may be biased, but we think Credit Unions are a no brainer. Credit unions, including Direct Federal, are not-for-profit, member-owned financial institutions. Credit Unions are in business to serve their community and members rather than their investors. This means credit union members receive higher savings returns, lower loan rates, and fewer fees. Credit unions are focused on serving a common field of membership, based around characteristics such as employer or industry, membership in an organization, or the member’s community. In Direct Federal's case, we serve Norfolk and Middlesex County. If you live, work, worship, go to school, or have an immediately family member who lives, works, worships, or goes to school in Norfolk or Middlesex County, you've found your credit union home.