Sheelan McIntosh's Colleagues at Riverview Credit Union
Sheelan McIntosh's Contact Details
Williamstown, West Virginia, United States
Riverview Credit Union
Sheelan McIntosh's Company Details
We are a federally chartered, member-owned financial cooperative, owned by our members and operated solely for the benefit of our members. We are federally insured by the National Credit Union Administration (NCUA). RCU was founded in 1968 originally to serve the lending needs of the employees of the Union Carbide Corporation, Mining and Metals Plant. Today, our field of membership includes any person who lives, works, worships, or attends school in the following counties: Washington, Noble, Morgan or Monroe in OH and Wood, Wirt, Jackson, Pleasants or Ritchie in WV.Given the rapid changes occurring within the financial services industry, it is important to truly understand how credit unions are unique and different. WHAT IS THE CREDIT UNION DIFFERENCE?•Not-for-profit. We exist to serve our members, not to make a profit. Unlike most other financial institutions, we do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to our members in the form of lower loan rates, higher interest on deposits, and lower fees. •Taxation. Credit unions are exempt from Federal income and most State taxes but still pay other taxes just like any other financial services company. •Ownership. At a credit union, you are both a member and an owner. Each credit union member has one vote -- regardless of how much money a member has on deposit.•Volunteer Boards. We are governed by a board of directors who are elected by and from the membership and serve without being compensated. •Membership Eligibility. Credit unions cannot serve the general public. People qualify for a credit union membership through a common bond, such as an employer or community-based. •Financial Education for Members. Credit unions assist members to become better- educated consumers of financial services. . •Social Purpose: Credit unions exist to help people, not make a profit. This philosophy drives us to be involved in our community and worthwhile causes.