Community Involvement: How WCFCU Gives Back to Wayne County

Community involvement is essential for economic growth and social well-being. Across the U.S., credit unions play a vital role in supporting local communities. According to the Credit Union National Association (CUNA), credit unions contributed over $19.6 billion in direct financial benefits to their members in 2022. Another report by the National Credit Union Administration (NCUA) states that credit unions have invested billions in local economies through loans, sponsorships, and financial education programs.

Wayne County Federal Credit Union (WCFCU) is a member-focused institution committed to giving back. Through financial education, community programs, and local partnerships, we help improve the quality of life for Wayne County residents.

Member Participation and Governance

WCFCU operates as a member-owned cooperative. Members elect the board of directors and have a say in decision-making, ensuring the credit union remains focused on the community’s needs. This governance model keeps us accountable to our members rather than external shareholders. By participating in leadership roles, members help shape policies that directly impact the local economy.

Bring-A-Buck Program

The Bring-A-Buck program allows WCFCU members to donate small amounts that collectively make a big difference. Each month, we choose a local charity or community initiative to support. These contributions help fund education programs, emergency relief efforts, and other critical services. Through this program, members actively participate in strengthening Wayne County.

Community Eligibility for Membership

WCFCU extends membership to individuals who live, work, worship, or regularly conduct business in Wayne County. This open membership policy fosters financial inclusion by giving more residents access to affordable banking services. Unlike traditional banks, we reinvest their earnings into member benefits, such as lower loan rates and fewer fees, keeping money within the local economy.

Financial Education and Support

Financial literacy is key to long-term stability. To help members manage their money, WCFCU offers workshops, online resources, and one-on-one counseling on budgeting, credit management, and homeownership. Empowering people with financial knowledge, we help members build a secure future and avoid financial pitfalls.

Collaborations with Local Organizations

Strong community ties make Wayne County a better place to live and work. WCFCU partners with schools, nonprofits, and local businesses to support events and development projects. These collaborations provide scholarships, job training, and resources for underprivileged families. By working together, our credit union and local organizations enhance economic opportunities for residents.

Volunteerism and Staff Engagement

WCFCU employees actively volunteer, dedicating time to local charities and outreach programs. Staff members participate in food drives, community clean-up days, and mentoring programs. Their involvement goes beyond financial services, reinforcing our credit union’s mission of community support.

Let’s Support Our Community Together!

Wayne County Federal Credit Union is more than a financial institution. Governance participation, community programs, and financial education actively strengthen Wayne County. Keeping resources local and fostering strong partnerships helps build a more resilient and supportive community.