What is a Credit Union?
A Credit Union is a financial cooperative owned and directed by its members. When you make a deposit at US Airways Credit Union, you are actually purchasing "shares" in the Credit Union. This makes you a shareholder - an owner. The Credit Union's Board of Directors is made up of volunteer members. Because it is a not-for-profit organization, after payment of expenses and provisions for reserves, the Credit Union returns all of its income to the members in the form of share dividends and low rates on loans. Member accounts at US Airways Credit Union are insured up to $100,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency.

What is US Airways Credit Union?
Continental Federal Credit Union (CFCU) was founded in 1952 by a small group of Continental Airlines employees at Denver’s Stapleton Airport. Their vision, which remains true today, was to create a member-owned cooperative financial institution where all employees of Continental Airlines could assist each other financially.

In 1986, we also became the Credit Union for America West Airlines and opened an office in Tempe, Arizona. Due to the recent merger of America West Airlines with US Airways, the Credit Union was renamed US Airways Credit Union, a service of Continental Federal Credit Union. Because the parent Credit Union is Continental Federal Credit Union, you may see the CFCU logo on some of the literature as well as on the WEB site and in some branch locations. Members may obtain services at either Credit Union location regardless of the logo displayed.

For over 53 years the Credit Union has focused on the unique needs of airline personnel. It has responded quickly in times of extraordinary member needs — such as the recent hurricanes, California fires, Houston floods and the September 11 th attacks — by providing ready cash, low interest loans, assistance with loan payments, special low rates for replacement vehicles and more. The Credit Union also helps members with conventional needs such as financing automobiles, homes, boats, airplanes, vacations and education, for themselves and their families. But, because the Credit Union is a “not-for-profit” organization, loan rates are generally lower than those offered by “for-profit” financial institutions, and members earn more interest on their investments. In 2005, Credit Union members earned over $2,500,000 in dividends, while the Credit Union’s assets ended the year at $185 million. Strong and stable, the Credit Union has been recognized by Bauer Financial Inc. with a five-star “Superior” rating since 1992.

How Can I Join US Airways Credit Union?
You are eligible to join US Airways Credit Union if you are an employee of one of our sponsor companies, or a family member of a current member. Stop by one of our branch offices, check with your employer's Benefits Office for a membership package, complete an on-line request, or call the Credit Union at (800) 421-6887 to request a membership package.