Credit Unions are different from other financial institutions because we are owned and run by the members. Each person who owns one or more credit union shares is a member/owner. Members elect the credit union's Board of Directors who spend several hours of their own time each month, without pay, making tough decisions to ensure that KEMBA Credit Union is financially sound and operating smoothly.
KEMBA Peoria Credit Union was organized in 1934 and is a non-profit financial cooperative, chartered by the State of Illinois and regulated by the National Credit Union Administration (NCUA) who federally insures your savings account up to $250,000. Our purpose is to promote savings by paying higher dividend rates, to provide low cost loans, and to offer a full range of financial services to our members.