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At CINCO, members can put their money in a variety of savings and investment accounts. The money is then lent to members wishing to borrow money and it is repaid with interest. After operating expenses and reserve requirements are fulfilled, the remaining loan is returned to members as dividends and other forms of financial services.
A key principle at credit unions is that only members may belong or vote and the field of membership-place of work, worship or residence, for example- determines who may join.
Credit unions also find strength through volunteer leadership. Members elect the Board of Directors who serve without pay, and help oversee the operations of the Credit Union. They work for the membership's best interest, not for the interest of distant stockholders. This holds true for CINCO as well. Our Credit Union has a paid professional staff and management team that exists only to serve people like you.
The CINCO Difference
As your trusted financial partner, there are many CINCO differences that make us unique from other financial institutions.
Advantages of joining CINCO:
• CINCO makes decisions based on what is best for members not
stockholders.
• Each member is part owner in the Credit Union.
• As owners, members elect fellow members to serve on the Board of
Directors.
• Income is returned to members in the form of better savings rates, free or
low-cost services and lower loan rates.
• Deposits are federally insured up to $100,000 by the National Credit
Union Administration, a government agency.
• We give back to the community in a variety of ways, such as scholarships
for our members.
 | Copyright © 2006 CINCO. All Rights Reserved. Your savings is federally insured to at least $100,000 and backed by the full faith and credit of the U.S. Government. |  |
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