Business Details
50+ Years
experience
Your Trusted Financial Partner Since 1958
Credit Union 1 has been a trusted financial partner for individuals, families, and communities since 1958, dedicated to helping members achieve their financial goals through personalized service and innovative solutions. We operate as a community-focused credit union, offering a wide range of banking products including checking and savings accounts, loans, credit cards, and business banking services. Our commitment to financial wellness is reflected in our educational resources, digital banking tools, and member-centric approach. With over 67 years of experience, we prioritize convenience through 24/7 digital access, surcharge-free ATMs, and a nationwide network of shared branches. Our team of financial experts provides tailored guidance to support both personal and business banking needs.We maintain competitive rates on savings products, mortgages, and loans while ensuring transparency and no hidden fees. As a member-owned institution, we reinvest profits back into our community through financial education programs and partnerships with local organizations. Our history of mergers with like-minded credit unions has expanded our reach while preserving our core values. We adhere to strict compliance standards and prioritize security for all transactions. Our mission remains unchanged: to deliver a personalized banking experience that empowers members to build a brighter financial future.
Services
Checking Accounts
Savings Accounts
Auto Loans
Mortgage Loans
Credit Cards
Business Banking
Digital Banking
Cryptocurrency Services
Financial Education
Details
- Year established: 1958
Highlights and features
- We offer over 67 years of experience in community-focused financial services
- Our personalized banking approach combines digital convenience with in-person support
- We maintain competitive rates on savings products, mortgages, and loans
- Our 24/7 digital banking platform provides secure access to accounts anytime
- We prioritize financial education through certified experts and personalized resources
Services
High Yield Checking
Earn competitive dividends with our High Yield Checking account requiring digital banking enrollment, eStatements, and qualifying transactions. Balances up to $10,000 earn 4.75% APY when monthly requirements are met. This account combines accessibility with growth potential for everyday banking needs.
Auto Loans
Secure financing for new and used vehicles starting at 5.49% APR with terms from 36-72 months. Qualified borrowers receive processing fee discounts and flexible repayment options. Our loan specialists help members find affordable solutions for their transportation needs.
Digital Banking
Access accounts 24/7 through our secure mobile app featuring bill pay, mobile deposits, budgeting tools, and real-time alerts. The platform supports financial management with features like Quick Balance and Card Keeper for transaction monitoring.
Business Banking
Comprehensive solutions for businesses including checking accounts, credit cards, commercial real estate loans, and payroll processing. Our business relationship managers provide tailored support for companies across multiple industries including cannabis banking and merchant services.
Financial Education
Free resources through CU1 Education platform offering personalized financial guidance, debt management tools, and certified advisors. Programs target both individual members and institutional partners like universities to promote long-term financial wellness.
People
Todd Gunderson
President/Chief Executive Officer
Todd leads strategic operations with extensive credit union experience, overseeing growth initiatives and member service excellence across multiple states.
Scott McDonald
Chief Financial Officer
Scott manages financial operations with expertise in credit union financial management and strategic planning for sustainable growth.
Jessica Rendelman
Business Banking Relationship Manager
Jessica specializes in corporate financial solutions, helping businesses optimize cash flow and access tailored lending products.
Bob Eberhardt
Chairman of the Board
Bob provides governance leadership with deep understanding of credit union operations and member-focused financial services.
Paul Fichter
Chief Legal Officer
Paul ensures regulatory compliance and manages legal affairs with specialized knowledge of financial institution law.
Questions
How do I become a member of Credit Union 1?
Membership requires meeting eligibility criteria through employment, residence, or affiliations. Visit our website to check qualifications and open an account online.
What digital banking features are available?
Our mobile app offers bill pay, mobile deposits, budgeting tools, account alerts, and Quick Balance features for convenient 24/7 access.
Do you offer business banking services?
Yes, we provide business checking, credit cards, commercial loans, payroll processing, and merchant services tailored to company needs.
What loan products do you offer?
We provide auto loans, mortgages, home equity loans, personal loans, and business financing with competitive rates and flexible terms.
How can I access financial education resources?
Our CU1 Education platform offers free financial wellness tools, personalized guidance, and certified advisors through our website and local branches.
Are my deposits insured?
Yes, deposits are federally insured up to $250,000 by the NCUA, with extended insurance options available for larger balances.
