About White River Credit Union

The White River Credit Union is a full service, member-owned, not-for-profit financial institution. Our members comprise a radius around the Bethel, Randolph, and Rochester, Vermont area. The White River Credit Union was formed in 1947 when five citizens in Rochester, Vermont wanted to create a small, friendly lending co-op to service the valley community. Their goal was to make their loans viable and affordable for the area residents.

The WRCU has grown considerably during the ensuing years. We have joined hands with the credit union serving Bethel, and opened a new branch in Randolph, so can now serve a much wider area. We don’t just loan money to our members. We offer share accounts (savings plans), share drafts (checking), VISA cards, ATM Cards, Certificates of Deposit and IRA accounts. We can help you buy a car, camper, or borrow money against the value of your home, or loan money for personal needs.

Most important, the WRCU is member owned. Our members are joined together by a common bond and we will serve only our members. There are no outside stockholders – net earnings are paid out to our members in dividends. That means your savings grow faster.

Unlike other financial institutions, credit unions are also run by its’ volunteer members. Members make up the Board of Directors, who manage and elect the officers to handle the business and operation of the credit union. Members make up the Supervisory Committee that makes sure the Credit Union is run correctly.

Plus, we're subject to the rules and regulations of the Vermont Department of Banking and the National Credit Union Administration (NCUA). Both agencies periodically examine our operations. And each year we hire an independent accounting firm to audit the credit union. The WRCU is a member of both the Credit Union National Association and the Vermont Credit Union League.

Once you have joined the credit union by opening your share savings account with the $5 minimum deposit, you can enjoy all of our membership benefits wherever you live or work, now or in the future by maintaining that minimum deposit. Your membership in the credit union also opens membership to your family members by blood, marriage or adoption. Because you are a member, they can also join. One of the primary functions of the credit union is to protect, preserve and safeguard the assets of our member-owners. In addition to the day-to-day efforts of our professional management team, the National Credit Union Administration, an agency of the Federal Government, insures your money up to $250,000.00.