Who Can Join
To become a member, call 302-738-4515, 302-464-4067 or 302-674-5281 or stop by our conveniently located office at 1110 Elkton Road in Newark, 98 Sandhill Drive in Middletown or 58 Carver Road in Dover and talk to a member services representative.
The Credit Union Experience
Whether you’re looking for a safe place to earn a return on your savings or a loan to help make your life better, American Spirit FCU is here to help. We offer a full range of loan and savings products, at rates you’ll find most attractive. Check our rates and compare our fee schedule with for-profit institutions, and you’ll agree that the credit union choice is best.
As a not-for-profit organization, we don’t have stockholders expecting large profits --- profits raised through fees, lower interest on savings, or 18% or more interest on credit cards.
Annual surveys of consumer satisfaction by the banking industry itself show year after year that credit union members are more positive about their experience than customers of for-profit institutions.
Who We Are
American Spirit Federal Credit Union was chartered in 1963. The founding members believed that a non-profit financial institution organized and operated by fellow workers would help improve their lives and the lives of their co-workers. The credit union was a unique idea to many of the workers who were having trouble obtaining financial services in the 1960s. The credit union attracted many members who were interested in the credit unions cooperative nature and its non-profit status. American Spirit Federal Credit Union has grown to a mid-sized financial institution with over 30 million dollars in assets. The credit unions relatively small size, its non profit status, and the fact that its owned and operated by local members, continues to attract many new members.
The Credit Union Difference
Credit Unions are much different in their reason-for-being than banks. American Spirit Federal Credit Unions mission is to "...improve the personal well-being of everyone affiliated with the credit union". In other words, we are here to help each member improve their lives through financial education, better financial planning, and better priced products and services. Contrast our mission with that of the banking industry; banks are formed to make money for their stockholders-that is their purpose. Their customers are simply the source of their profit! Because credit unions are non-profit, we dont have a wealthy group of stockholders demanding that we increase profits- profits increased by raising fees, lower interest on savings, or by charging 18% on credit cards. No, the only group we have to satisfy are our members!