United Southeast Federal Credit Union was chartered in 1941 to serve employees of the Inter-Mountain Telephone Company. Over the years, our Credit Union has grown to serve the employees of several hundred select employer groups in Tennessee and Virginia.
Unlike other types of financial institutions, USFCU is owned and operated by its membership. Members elect the Board of Directors who serve without compensation. Members make up the voluntary Supervisory Committee who ensure that we operate in accordance with all accounting and regulatory rules. There are no outside stockholders in USFCU – only members. And, all net earnings are returned to our members after expenses are paid and reserves set aside either as interest on savings or no-cost and lower-cost services.