Why Bank with Family Trust?

By: Penny Pratt, CEO and President of Family Trust Federal Credit Union

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You may have heard in recent news that some financial institutions are doing away with free checking accounts for their customers. Many of them now charge a monthly fee and have balance requirements, but at Family Trust, you have options to keep more of your money where it belongs – with you!

There are so many financial institutions to choose from in York County alone. We believe of those choices Family Trust is the best for many reasons! First, we have received The Herald Buzzies Award for “Best Bank or Credit Union” in York County for 8 years. This means we’ve earned the community’s support and trust, and for this we are incredibly thankful. We offer and intend to keep offering our True Choice Checking FREE with digital banking, with no monthly fees and no minimum balance requirements. As a credit union, we also provide the same services and access to your funds as any other local financial institution – like online and mobile app banking, 70+ free ATMs in the Carolinas, higher dividends and lower rates and fees, and financial counseling. Plus, we’re local and our membership is open to anyone who lives, works, worships or attends school in York County.
Most people don’t know the differences between banks and credit unions. We believe that this is an important difference to note and one of the key factors that makes Family Trust unique. Credit unions are not-for-profit cooperatives owned by its members, whereas traditional banks are for-profit and have stockholders who are driven to make money from dividends and stock sales. At Family Trust, each member has an equal vote to elect a board of directors who guide the credit union policies. Because these board members are also volunteers, you can trust they always have your best interests in mind.

We have been deeply rooted in our community for over 60 years now. We have a long history of partnering with local businesses and providing financial solutions for their employees. We support York County charities, offer workshops, and teach students about handling money. In these ways and more, our community and its member remain the center of our focus.

We hope you choose Family Trust for all your banking needs. We love our members. We love our community. And we would love to have you join the family! Stop by your local branch join today!