Making a Difference
like the boundary. Credit Unions work on the cooperative model, and this is why when we see
a profitable year, we turn those profits into dividends for all our members. Simply put, we
give the cash back to our members, and not to executives or bonuses.
Grand Forks Credit Union has committed to building a $1,000,000 endowment
fund to be held with the Phoenix Foundation. The goal is to invest all
returns from this fund directly back into the community through grants
and donations. The fund currently sits over $650,000.