Chem Family Credit Union

Overview
Chem Family Credit Union is a nonprofit financial institution located in Anniston, Alabama. Established to serve the employees and retirees of Eastman Corporation, the credit union provides a range of financial services including banking, loans, and savings options.

History
Founded to cater specifically to members of the Eastman Corporation, Chem Family Credit Union has grown to support a community-oriented approach in financial services. The organization operates under the principles of cooperative banking, where the focus is on member benefits rather than profit maximization.

Services
The credit union offers various services aimed at enhancing the financial well-being of its members. These services include:

• Savings Accounts: Providing members with options for saving their money with competitive interest rates.

• Loan Services: Offering personal and auto loans to assist members in achieving their financial goals.

• Banking Solutions: Facilitating everyday banking needs, such as checking accounts and electronic banking.

Financial Performance
As of the latest available reports, Chem Family Credit Union has demonstrated a stable financial performance, with revenues of approximately $133,000 and total assets reaching about $5.65 million. The institution maintains a fair rating for its profitability, with operating profits and return on assets indicating a robust financial standing.

Membership
Membership at Chem Family Credit Union is primarily open to employees and retirees of Eastman Corporation, allowing for a tight-knit community of members who benefit from shared financial services designed specifically for their needs.

Conclusion
Chem Family Credit Union plays a vital role in the financial ecosystem of Anniston, Alabama, focusing on providing accessible and beneficial financial services to its members. Its commitment to the Eastman Corporation workforce exemplifies its dedication to serving its community effectively.