About AIM Credit Union

AIM Credit Union (ACU) is powered by you because it was developed by the employees of our utility company in 1933. They listened to the financial needs of their co-workers and chartered the Credit Union to answer those needs. Depositors were members/owners of ACU.

That same mission exists today as the board and staff listen to the members’ voices. The board focuses on what members want as they create services and set rates. The staff will go out of their way to provide that service and work out the best rate structure for members’ needs.

ACU is a closed field of membership credit union which means you must have a connection through an employer or family member to join. Here is a complete list of eligible businesses.

Our Mission

To deliver exceptional service and personalized financial solutions that help our members achieve their goals.

The AIM Member Newsletter

How Your Credit Union Works

AIM Credit Union is owned by its members and has been serving their needs since 1933. Members’ savings create a pool of funds that are used to provide loans at competitive rates. Deposits are commonly called shares because you actually become a part owner of your credit union. By carefully investing member savings and offering competitive loan interest rates, the credit union meets operating costs and generates enough income to pay an attractive dividend.

Members meet annually to elect the governing body– the Board of Directors. This 11-member board determines the policies and direction of the credit union, appoints the manager, declares quarterly dividend rates, and sets interest rates on loans. Many of the board’s responsibilities are managed by various committees: Credit, Audit and Finance.

How We Differ From a Bank

AIM Credit Union

Members are the owners

Members earn dividends

Each depositor, now owner, has one vote at our annual meeting, regardless of dollars on deposit

Unpaid, volunteer Board of Directors

Depositors (owners) elect their board from among members.

Owners’ voice determines the CU’s direction

Lend only to our owners

Offer better rates

Organized to meet the financial needs of its members

A Bank

Stockholders are the owners

Stockholders earn the dividends

Stockholders have a number of votes determined by the numbers of shares of stock they own.

Paid Board of Directors

Stockholders elect their board

Stockholders determine direction

Loan to non-owners, customers

Charge more fees

Organized to make profit for its stockholders