Service Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1957 |
| Headquarters | Portsmouth, New Hampshire , United States |
Area served | New Hampshire, Massachusetts, North Dakota, Germany (military bases) |
| Products | Checking accounts, savings accounts, money market accounts, auto loans, credit cards |
| Website | https://www.servicefcu.org |
Service Federal Credit Union (commonly known as Service Credit Union) stands as the largest credit union in New Hampshire, operating under the charter and supervision of the National Credit Union Administration (NCUA). By the end of 2023, it held assets exceeding $5.4 billion USD and provided services to over 354,000 members globally. The institution maintains 38 branch locations throughout New Hampshire, Massachusetts, and North Dakota, along with 14 additional branches dedicated to supporting American military personnel stationed in Germany.
Its product portfolio encompasses various deposit options such as checking, savings, and money market accounts, alongside lending solutions including auto financing and credit card offerings.
History
Established in 1957 under the name Portsmouth Air Force Base Credit Union, its original mission was to cater to airmen and their families based at Pease Air National Guard Base.
Membership
Eligibility for membership at Service Credit Union covers:
- Active duty service members, veterans, and their immediate families
- Employees (current or former) of the Department of Defense (DoD) and their relatives
- Individuals affiliated with Select Employee Groups (SEGs)
- Participants of the American Consumer Council (ACC)
Products and Services
Service Credit Union provides a variety of financial products, including savings accounts, checking accounts, credit cards, and loans. Opening a "Primary Savings" account requires a $5 minimum deposit to establish membership ownership. The "Everyday Checking" account offers no minimum balance requirements or maintenance fees, with ATM surcharge reimbursements available for members enrolled in Direct Deposit and Direct Deposit+ programs.
Locations
As reported in 2019, Service Credit Union operates a total of 52 branches: 36 situated in New Hampshire, one in Massachusetts, one in North Dakota, and 14 located on U.S. military bases within Germany. Additionally, it participates in the CO-OP Shared Branch network, granting members access to more than 6,000 branch locations nationwide.
Awards
The credit union has earned accolades such as Best Credit Union for Military Individuals & Families from Investopedia and has been highlighted by Business Insider as one of the premier financial institutions serving military personnel and their families.