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Proudly serving our members for over 50 years. Electrical Federal Credit Union was established in 1953 to serve the financial needs of IBEW Local 68. For over 50 years we worked to grow and enhance our organization, expanding our financial services to help other labor unions and select Denver area groups and businesses. EFCU has one main branch location to serve its members and offers convenient services including online bill payment and more. We are also apart of the CU Service Network, meaning that you can visit thousands of shared branch locations across the country to perform transactions as if you were at your home credit union. For a list of those locations, please visit www.cuservicenetwork.com. |
Today, EFCU serves the following unions and groups with pride: International Brotherhood of Electrical Workers Local 68 Electrical Workers Local IBEW 111 United Food & Commercial Workers Local 7 Cement Masons Local Union 577 Carpenters Local 1068 AFSCME Colorado Kaiser Permanente Health Care Mobile Tool Office & Professional Employees International Union Local 5 AFL-CIO Plumbers Local 3 |
As your credit union we can offer you significantly better rates over most banks. Credit unions price loans, pay interest on funds you've deposited, and charge fees to provide you with high-quality, low-cost services. Banks price products and services to make a profit. You earn more on your savings--in some cases up to one percentage point--at the credit union. Our loan rates also are better. Did you know that the average credit card interest rate is four percentage points better at credit unions vs. banks? Credit union auto loans average almost one and one-half percentage points less than banks' auto loan rates. Credit unions make consumer loans. Banks offer consumer loans, but often emphasize business loans. Because you're an owner of EFCU, your say in how we do business is important to us. Let your elected board members and the EFCU staff, know how we're doing, and what additional services you want at your credit union. We look forward to serving you. |