Redefine your Relationship with Banking

 Active in the United States since 1935, credit unions are not-for-profit cooperative       financial institutions created by people with a common affiliation, such as belonging to a   labor union, an association, or even working or living in the same place. For-profit banks   and other lending institutions are looking for a return on an investment when a member   takes out a loan. Credit Unions, however, have no stockholders looking at the return on   their investment.

 At Towpath Credit Union, our mission is simple: We will deliver the best Member   experience while improving the financial wellness of our communities. How do we do    this? By providing warm welcome service, individualized attention, accountability, trusted   and professional advice, and confident expertise.

In addition to superior Member service, there are many benefits to banking with Towpath CU. These include:

  • Democratic Process - The board of directors is elected by the Credit Union's membership and works on a volunteer basis. Unlike banks, credit union members have a direct say in who’s elected to run the credit union.
  • Inclusivity - Spouses, siblings, and children of Members are welcome to join.
  • Lower Fees - Compared to big banks, credit unions have lower fees for services.
  • Better Rates - Interest rates are typically better through credit unions, which traditionally have been among the leaders in auto loans.
  • Easy to Join - You need only ask your employer, family members, or neighbors  about credit unions that they may be part of. The process is then simple, and minimum balances are as low as $5 with Towpath CU.
  • Community Focused - Towpath CU remains dedicated to benefiting our Summit County community. Additionally, in order to qualify for Membership, you must live, work, worship, or go to school in Summit County.

 When you walk into our lobby or call a Loan Officer, you're entering a whole new world   of banking. What makes Towpath Credit Union different from a traditional bank may not   be obvious initially - Towpath CU offers similar products and services as any bank would.   What makes Towpath CU stand out is The Credit Union Difference.