Telcom Credit Union Hometown

Telcom Credit Union was originally organized in 1936 by the employees of the Detroit division of Michigan Bell Telephone Company. Ten charter members purchased a $5 share to allow the credit union to accumulate capital and so we started. The charter members decided that the credit union would operate from payroll deductions received from members and would make tiny loans (not to exceed $200) Today, Telcom is a $460 million, full-service financial institution serving the accounts of over 36, 500 members.