Services available from your credit union

Founded on the basic democratic premise of the cooperative movement, your Credit Union believes that access to low-cost financial services is critical to the health and stability of ordinary citizens. Credit union membership offers many benefits. Services offered range from simple savings to home equity loans to IRAs. Study after study has revealed that, on average, credit unions provide the best financial offerings with fewer fees, lower rates on loans and higher rates on savings. The Credit Union makes such loans without regard to race, color, religion, national origin, sex, handicap, or familial status. This credit union is federally insured by the National Credit Union Administration.

Loans – click here for more information
Savings- click here for more information
Investments- click here for more information
Checking- click here for more information


With the recently enacted Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), the Federal Family Educational Loan (FFEL) Program has been eliminated. Private lenders, like Spirit of America Federal Credit Union no longer Have a role in originating or funding federal Stafford, PLUS or Consolidation loans. Beginning July 1, 2010 all new federal student loans will be issued via the William D. Ford Direct Loan Program. Contact your school’s financial aid office for more information.


For questions or service related to an existing Federal Family Education Loan secured through Spirit of America Federal Credit Union, contact our chosen servicer, Great Lakes at 1-800-236-4300, or at