Business Details
50+ Years
experience
Your Trusted Financial Partner in Western North Carolina
Telco Community Credit Union has been dedicated to providing superior financial services in Western North Carolina since 1935. As a member-owned, not-for-profit cooperative, we prioritize the financial well-being of our members through competitive rates, personalized service, and community-focused initiatives. Our mission centers on fostering thrift, savings, and responsible credit use while maintaining ethical and financially sound operations. With over 90 years of service, we have evolved from serving Southern Bell Telephone employees to offering comprehensive financial solutions across 21 counties. Our member-owners benefit from lower loan rates, higher savings returns, and reduced fees compared to traditional banks.We emphasize financial education through partnerships like GreenPath and provide critical support via the Telco Charity Fund. Our commitment to 'People Helping People' is reflected in every transaction and community engagement effort. As a federally insured institution, we protect deposits up to $250,000 through the National Credit Union Share Insurance Fund. Our decade-long Dora Maxwell Award recognition underscores our leadership in social responsibility. Today, we continue empowering members with innovative tools like Auto Search, EasyVest, and 24/7 digital banking access.
Services
Auto Loans
Mortgage Loans
Savings Accounts
Checking Accounts
Financial Counseling
Vehicle Insurance
Personal Loans
Credit Cards
Investment Services
Community Grants
Details
- Year established: 1935
Highlights and features
- We've served Western North Carolina communities for over 90 years with financial expertise.
- Our member-owned structure ensures profits return to account holders through better rates.
- We offer competitive APRs on auto loans and mortgages with flexible terms up to 84 months.
- Our community initiatives include $20,131 annual charity fund contributions and scholarship programs.
- We provide free financial counseling through our partnership with GreenPath Financial Wellness.
Associations and certifications
- NCUA
What people say
Satisfied 100%
Extremely helpful
Professional and friendly
Love Telco
Passionate about communities
Services
Auto Loans
Telco offers competitive auto loans with terms up to 84 months for new vehicles and 72 months for used vehicles. Members can finance through local dealerships or shop online via Telco's Auto Search platform. The credit union provides GAP protection and mechanical repair coverage options to safeguard investments.
Mortgage Loans
Comprehensive mortgage solutions include construction, land, and home equity loans. Telco offers personalized guidance for first-time buyers and experienced homeowners. Flexible terms and competitive rates help members achieve homeownership goals while maintaining financial stability.
Savings Accounts
Multiple savings options include Basic Savings, Save to Win CDs, and Money Market accounts. Competitive APYs reward consistent savers, with special programs for youth and holiday savings. Minimum $5 opening deposit provides access to all credit union services.
Financial Counseling
Free financial education resources and counseling available through GreenPath partnership. Services cover debt management, credit improvement, and financial wellness planning. Tailored advice helps members navigate unexpected hardships or long-term financial goals.
Community Grants
Annual charity fund distributes over $20,000 to members facing emergencies and local nonprofits. Branch-specific initiatives support 12 selected organizations yearly. Fundraising activities like silent auctions and product sales sustain this 'people helping people' mission.
Questions
Who is eligible for Telco membership?
Residents, workers, worshippers, or students in 21 Western North Carolina counties qualify. Employees of Select Employee Groups and family members of existing members also qualify.
How can I access my account information?
Use online banking, the Telco mobile app, or visit any local branch. E-Statements provide secure digital access to account activity.
What insurance protections exist for deposits?
Deposits are federally insured up to $250,000 by the National Credit Union Share Insurance Fund through NCUA.
Do you offer vehicle financing options?
Yes, with terms up to 84 months for new vehicles and 72 months for used vehicles, plus GAP protection and mechanical repair coverage.
How does Telco support local communities?
Through annual charity fund distributions, scholarship programs, and branch-specific nonprofit partnerships totaling over $39,000 in recent fundraising efforts.
What digital banking tools are available?
Mobile app with check deposit, bill pay, account alerts, and EasyVest investment tools. Online loan applications streamline borrowing processes.
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