Fortera Credit Union

Fortera Credit Union is a financial cooperative founded in 1954 with a focus on serving communities in the United States through its ethos of "Do. Better. Together." It offers membership to individuals living, working, worshipping, or attending school in specific service regions, with a commitment to returning profits to members rather than shareholders. As a not-for-profit organization, it prioritizes the needs of its members by offering higher interest rates on savings accounts, lower interest rates on loans, and minimized fees on products and services. The credit union emphasizes its approachable and casual nature, aiming to provide a less formal and more relatable experience compared to traditional banking. It is known for helping individuals overcome financial obstacles and make informed decisions by offering trusted insights. The company's service regions include Montgomery, Stewart, Chester, Decatur, Lewis, McNairy, and Perry counties in Tennessee, and Christian, Trigg, Todd, McLean, and Webster counties in Kentucky, while also extending eligibility to residents of other counties in Tennessee, Kentucky, Alabama, and Arkansas. With a strong emphasis on member value and community impact, Fortera Credit Union represents an innovative approach to financial services, positioning itself as a promising prospect for investors seeking to support impactful and member-centric financial institutions.