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| Glass City is a financial cooperative owned and operated by its members. As a member of Glass City, you are also an owner! Glass City exists to provide the best possible services to members - not to churn profit for shareholders by charging high fees. The only shareholders at the credit union are the members themselves! Glass City returns all profit back to the members (after reserves and expenses) in the form of better rates, lower and fewer fees, and improved services.Glass City is governed through a volunteer Board of Directors. These volunteers are members of Glass City Federal Credit Union and are democratically elected by the credit union membership to represent you, the credit union member.Glass City Federal Credit Union returns all profits to members. Therefore, we are tax-exempt. We pass that savings back to the membership in the form of lower loan rates, higher savings rates, and better overall service. |
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