Ironworkers USA Federal Credit Union is dedicated to promoting community development in all of the areas it conducts business and to provide affordable financial services to low-income people. In doing so, we will help them build assets and achieve financial stability. How YOUR Credit Union Operates The basic principle behind the Credit Union is simple – People helping people. The Credit Union is a financial cooperative where the members have agreed to save their money in a facility they own and operate and to make their savings available for low interest loans. The interest from these loans is used to pay the Credit Union’s operating expenses. After paying expenses, meeting required reserves and providing services, the Credit Union returns all remaining earnings to the members in the form of dividends and new services. As a Financial Cooperative, We are Owned and Operated by Our Members…That Means YOU! As a financial cooperative, you’re an owner and a member of the Credit Union, not just a customer. We value your input and encourage you to share your thoughts with us. Our Board of Directors are members of the Credit Union who volunteer their time and expertise to help guide the Credit Union’s operations. Members vote for the Credit Union’s Board of Directors. Every member has one vote regardless of the amount of money he/she has on deposit or outstanding in Credit Union loans.