Cheney Federal Credit Union is a mortgage lender in Cheney, Washington. The institution provides a variety of low-cost financial services, including auto loans, recreational loans, and VISA credit cards, to individuals who live, work, worship, or attend school within the Cheney and Medical Lake School Districts. With a 4.60 rating, the credit union serves its members and their immediate families through a member-owned, not-for-profit model.
The organization has a long history in the region, originating in 1951 when a small group of ten people formed a financial cooperative to support their neighbors and co-workers. Originally known as Cheney Public Employee’s Federal Credit Union, the institution has since evolved to serve a broader membership of over 6,000 members. As a not-for-profit institution, the credit union focuses on meeting the specific financial needs of its member-owners, often providing higher returns on savings and lower rates on loans.
The headquarters is located on 1st Street in historic downtown Cheney, situated near the Cheney Library, the Cheney Municipal Court, and City Hall.
Cheney Federal Credit Union is recognized for its commitment to excellence and its dedication to building lasting, trusting relationships with the community. The institution stands as a stable and reliable financial partner for those in the local area.
As a long-standing pillar of the community, Cheney Federal Credit Union continues to provide essential financial services to the residents of Cheney and the surrounding districts.