This August marks the 50th anniversary of Tri-CU Credit Union. Originally founded in 1969 by the IBEW Local #112 electricians union, they have been serving this community ever since (although they have changed their name a couple times). Tri-CU will be celebrating throughout the month of August by allowing new members to choose charities, to which Tri-CU will donate $50 each. In addition Tri-CU will hold a party in their lobby on Friday, August 2nd from 1:00 to 5:00 pm. The party will include free "swag," snow cones, cookies, a dunk tank, and a membership raffle for golden charity tickets of $500 each.
Tri-CU is the only small Credit Union left in the Tri-Cities, after Monad and SECU merged out of existence in recent years. Tri-CU is one of the only truly local credit unions, along with GESA and HAPO. In 2018 Tri-CU relocated to their new office on the corner of 19th Avenue and Highway 395. Tri-CU was the first local business to donate public artwork to the city of Kennewick, and the first business in Kennewick to receive a "bicycle friendly business" designation by the League of American Bicyclists. Tri-CU has been and continues to be an active sponsor of local events and charities, including the See3Slam, Kiwanis and Rotary events, 2nd Harvest, the United Way, the Union Gospel Mission, and more. Tri-CU has grown rapidly over the past 10 years, they have tripled in asset size and employees over that period.
Originally known as IBEW #112 Federal Credit Union (only for electricians and their families), in 1986 they became Kennewick Community Federal Credit Union serving the entire Kennewick Community, then in 2009 they became Tri‐Cities Credit Union, serving anyone who lives, works, or worships in Benton or Franklin County. Tri-CU currently serves approximately 5,600 members with a broad range of competitive deposit and loan products and services. Their most popular loans include HVAC financing, fast in-house mortgages, bare land loans, manufactured homes, and autos. Tri-CU operated out of the old office on Kennewick Avenue for nearly 40 years, and has approximately $45 Million in assets. Credit Unions are tax-exempt because they are not-for-profit financial cooperatives. Tri-CU is led by a volunteer un-paid board of directors elected by the membership.
Leave a Reply.
Email your press release and a photo to Austin Regimbal, Marketing & Communications Director. Press releases are posted in their entirety. This is a free benefit for members of the Tri-City Regional Chamber.