Since 1936, Madison Credit Union has served the financial needs of our community.
Born from the aftermath of the Great Depression, Madison Credit Union was started with 9 members signing a credit union charter. They pooled their own money and started giving out loans to those deemed ‘unqualified’ by banks.
Terms of loans were set according to a member’s ability to repay; in some cases that was just $1 at a time. Despite the hard times of the depression, members always tried to repay their loans. Delinquency was almost unheard of because we believed in our members and our members believed in us.
Today we still carry that mutual trust and respect with our members. We make meaningful connections with our members, learning each member’s story so that we can best serve their financial needs.
Although the products, services, and location have evolved through the years our mission has not changed: Big enough to serve, small enough to care.