One of the most important decisions you make is who you trust to be your financial partner. It is important to find a financial institution that meets your needs. Whether you’re looking for a checking account, savings account, loan, or mortgage, we are here for YOU.
Credit Unions vs. Banks
When you are deciding where to save and borrow, it can be hard to find the right place to start. Many don’t know the difference between a bank and a credit union. So, what is a credit union, anyway?
Credit unions are unique in that they are completely member-controlled. When you become a Member of KTVAECU, you also get a say in the decisions we make. Your guidance helps keep us on the right track!
Structure/Philosophy — Not for profit, but for service.
Ownership — Member-owned and controlled.
Earning — All profits are returned to members in the form of new products, additional services, lower fees, and expanded locations.
Banks are controlled by profits and shareholders. They are typically more “corporate,” meaning their decisions are made by boards and committees rather than their customers.
Structure/Philosophy — Banks are corporations, which exist to earn a profit for shareholders.
Ownership — Shareholder (investor) owned and controlled.
Earning — All profits are distributed to the stockholders in proportion to the number of shares owned.
Why Join KTVAECU?
In the near-century that Knoxville TVA Employees Credit Union has been open, we have had one philosophy: people helping people. It is our goal to be Members’ first choice for all their financial needs, and we offer competitive benefits to reach that goal.
Local – KTVAECU is dedicated to servicing the East Tennessee area. This means that our services are individualized for the area. Whenever you have a problem, you will always be working with someone local. We are not just interested in meeting banking needs. We are also active in the local Community.
Service – Our service-minded staff works hard to provide the best service possible. Whether it be for accounts, loans, or financial help, we are here to help. “Not for profit, not for charity, but for service.”
Products – We offer competitive products that are inexpensive, simple, and easy to understand.
LEARN MORE ABOUT US
OPEN ACCOUNT REQUEST INFO
KTVAECU has thrived over the decades by focusing on the relationships we build with our Members. We are here to be an all-encompassing financial partner you can trust. We will be by your side as you grow financially and pursue your dreams.Let’s go together, upward and forward.
Now if you need a friend, we’re the same as we’ve always beentoday, like days before.And with every new sunrise, we’ll be standing by your sidethat’s what friends are for.
Let’s go together this road is a long oneso join in with good company.Let’s go together, upward and forwardby your side is the best place to be.
As the days roll by through the seasons of your lifewe’ll be here for you.To help you buildyour dream, it’s closer than it seemswe’ll help you see it through.
Let’s go together this road is a long oneso join in with good company.Let’s go together, upward and forwardby your side is the best place to be.By your side is the best place to be.
Knoxville TVA Employees Credit Unionjoin us, join us now! 5
The Credit Union partners with LifeHelp®3 to provide affordable life insurance options for Members. The Life Insurance is available to you as our Member makes it easy to choose a monthly cost comfortable for you, based on economical group rates. Applying online is also simple and quick, with no medical exam needed.
Click here to LEARN MORE and see costs for our Young Family Group Term Life Insurance (eligible ages to apply for coverage 18-50)
Click here to SEE COSTS and learn more about our 50-Plus Group Term Life Insurance (eligible ages to apply for coverage 50-74)
Questions? Call LifeHelp at 1-800-345-4543.
Unexpected things happen to all of us. Knoxville TVA Employees Credit Union offers each Member (age 18 or older) up to $1,500.00 of complimentary AD&D insurance underwritten by Minnesota Life Insurance Company. All coverage reduces by 50.00% at age 70 and older, regardless of age at enrollment.
In addition to the $1,500.00 Credit Union paid coverage, you can purchase Additional Coverage at group rates.
1To join the Credit Union, you must meet membership requirements. Fees may apply. Some restrictions may apply. Ask for details.2APY = Annual Percentage Yield. Available to qualifying Members. Some restrictions, conditions, and fees may apply. Ask for details.3LifeHelp is a third-party partner to Knoxville TVA Employees Credit Union. Must be age 18 or older to apply. These products are optional. Insurance products are not a deposit or obligation of, or guaranteed by Knoxville TVA Employees Credit Union or its affiliates. These products are not insured or guaranteed by NCUA or any agency of the federal government. LifeHelp is a registered trademark of Cuenca & Associates Insurance Agency, Inc.4Accidental Death & Dismemberment (AD&D) available through third-party partner Franklin-Madison. Must be age 18 or older to apply. These products are optional. Insurance products are not a deposit or obligation of, or guaranteed by Knoxville TVA Employees Credit Union or its affiliates. These products are not insured or guaranteed by NCUA or any agency of the federal government. Your credit approval cannot be conditioned on whether you purchase any of the insurance products. Some exceptions apply.5Join Us, Join Us Now lyrics and music are proprietary and solely owned by Knoxville TVA Employees Credit Union. Written permission required. Contact firstname.lastname@example.org for more details.