Milford Federal Credit Union homepage credit union Milford CT

Milford Federal Credit Union has partnered with Northeast Mortgage to offer our members a wide variety of mortgages; all at very competitive rates. They have the ability to service any mortgage request, for just about any income or credit situation imaginable.

The Milford Federal Credit Union has been serving the Milford community since 1956. Its over 2,000 account holders enjoy top quality programs and services in a risk free environment. This growing list of services now include Mortgages, Share Market Accounts and Home Equity Line of Credit loans.

The Milford Federal Credit Union is open to the entire Milford Community.

Persons who live, work, worship, or attend school in, and businesses and other legal entities located in the Town of Milford, Connecticut; and also included are spouses of persons who died while within the membership of the credit union, employees of the credit union, volunteers in the community, members of their immediate family or household and organization of such persons.

   A credit union is a not-for-profit financial cooperative, which is owned and operated by its account holders.
  Credit unions offer the same types of financial service as banks, but at low or no cost to the account holder.
  Unlike commercial banks, an all volunteer Board of Directors govern credit unions. This enables the credit union to use its financial resources to bring better rates and services to the account holder, rather than paying stockholder dividends and corporate salaries.
  Board members are elected each year, and all account holders are eligible, but certainly not obligated to serve.
  In summary, credit unions are a low-cost alternative to the big banks in providing valuable services to account holders at low or no cost, with generally higher savings rates and competitive lending rates.
  The Milford Federal Credit Union was established over fifty years ago and is an independent, not for profit cooperative owned and operated by its account holders. Current assets exceed $9 million.
  Milford Federal Credit Union provides its account holders with discount tickets to amusement centers around the area, and discounts to some merchants.

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As a Milford Federal Credit Union Member, you are eligible to participate in the Travelers Auto & Home Insurance Program. This means you may qualify for special group rates on your auto and home insurance. You may even be able to buy your auto insurance online today!