Credit Union

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Saint Ann Federal Credit Union

St. Ann Federal Credit Union (SAAFCU) is a cooperative service organization, which is owned and operated by its members.  Started in 1949 by St. Ann parishioners, SAAFCU has been continuously serving the financial needs of its members for more than 70 years!

Membership in SAAFCU is open to (i) parishioners, (ii) parents of St. Ann School students, (iii) employees of Saint Ann Church and Saint Ann School, and (iv) immediate family members of the above. 

SAAFCU offers share accounts, which are similar to passbook savings accounts at banks. Share accounts earn dividends (interest) as set by the Board of Directors based upon the Credit Union’s net income after all necessary reserves have been provided. Dividends are declared periodically, at a minimum annually, and paid at the end of the dividend period. Share accounts in SAAFCU are federally insured by the National Credit Union Administration, a U.S. Government Agency.

SAAFCU also offers several types of installment loans for its members.  These include home equity loans, new and used car loans, share secured loans, and unsecured loans.  The rates charged by the Credit Union are competitive with other financial institutions.  SAAFCU also offers confidential credit counseling to members.

The Credit Union is staffed by a paid manager and by St. Ann parishioners who generously volunteer their time and talent to the Credit Union for service to its members. A volunteer Board of Directors also guides the Credit Union.

For more information about SAAFCU:

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