Continental Federal Credit Union - Home Mortgage

For over 150 years, people have been forming credit unions based on the philosophy of "people helping people" and the credit union motto of "not for profit, not for charity, but for service."

When you open your savings account and make your initial $5 deposit, you are actually purchasing a "share" in the Credit Union, making you an owner and giving you the right to vote for the Board of Directors. This Board of Directors is a group of volunteers who are also members and who donate their time to ensure the credit union operates in the best interests of all members as a whole.

Credit Unions are not-for-profit cooperatives. This means that, unlike other types of financial institutions that have to pay out dividends to stockholders and pay a Board of Directors, excess earnings in credit unions are returned to members in the form of lower loan rates, higher dividends on savings, low or no-cost services, etc.

Your Credit Union is regulated by the National Credit Union Administration (NCUA), which is an independent federal agency dedicated to supervising and chartering federal credit unions. The NCUA operates the National Credit Union Share Insurance Fund, which insures your deposits up to $250,000 with the full-faith backing of the US Government. No tax dollars have ever been put into the NCUSIF and no member has ever lost money that was insured by the NCUSIF.

1621 W. Rio Salado Pkwy
Ste D-101
Tempe, AZ 85281

Phone: (800) 421-6887
(480) 642-6480