Who We Are
Mountain Gem Credit Union is a member-owned financial institution
whose purpose is to satisfy the financial needs of our members/owners.
Unlike other financial institutions that are strictly profit driven,
our excess earnings are returned to the member/owners in the form of
lower loan rates, higher savings yields, or reinvested into the credit
union to provide additional products, services, and capital. Because
of this cooperative philosophy, when any member saves, invests, or
borrows at the credit union, everybody benefits!
in 1955 by a small group of postal workers to serve employees of
governments in Canyon and surrounding counties, and since we became
community-chartered, we now serve all people who live, work, worship,
or attend school in the following Idaho state counties: Canyon, Gem,
Payette, Washington, Adams and Owyhee.
In January, 2008 our name was
changed from Quinco Credit Union to Mountain Gem Credit Union to better
reflect our expanded membership base. We are still the same great credit
union – owned by the
same folks, our members – and with the same friendly staff. We
changed our name to help us get the word out that we are now community
chartered. We are very proud of our heritage and we remain very dedicated
to the philosophy that the credit union was founded upon-people helping
To meet the needs of our members by offering competitive
financial services designed to improve the economic and social well-being
of all members from all socio-economic backgrounds. We will promote
growth while maintaining financial stability to assure the future success
of our credit union.
To provide professional, personal, and efficient service which
will enable us to be the primary financial institution for our members.
Union Statement Of Our Commitment To Members
As a member-owned, not-for-profit
financial cooperative, Mountain Gem Credit Union is committed to our
members. We will uphold our fundamental responsibility to actively
serve people within our field of membership, and as appropriate, the
communities they live in. We will treat all members with respect and
dignity and we will offer honest, fair deals to all members at all
times. We will deliver a range of low cost products and services to
the diverse economic and social make-up of our members and potential
members. We will look for better ways to reach out to the underserved
in our field of membership. And we will continually, in all facets
of operations, demonstrate the value of membership in Mountain Gem
We will monitor and communicate our service to members in a meaningful
way so that members, potential members, legislators, regulators, and
the community at large will understand and appreciate the unique role
that member-owned financial cooperatives play in their lives.
Throughout Mountain Gem Credit Union’s strategic plan, we will
put forth every effort to enable our members to become financially
self-sufficient and successful. We will place high importance on consumer
education and the teaching of financial thrift.
This Statement of Commitment to Members is consistent with our credit
union principles of “Not For Profit, Not For Charity, But For
Service” and our philosophy of “People Helping People”.
This statement represents good business practices that ensure the financial
strength of our credit union on behalf of our members.