We’re Volunteer Corporate Credit Union, or VolCorp, and we’ve been serving credit unions for over 35 years. And since we only work with credit unions, we offer amazing products and services specifically tailored to meet your unique needs. We have a broad range of all kinds of products and services you want, like investments, share draft and image processing, wire transfers, and ACH processing. But we also add valuable extra services like ACH audits, strategic planning, account statement reconciliation, and website design, hosting, and maintenance. And we’re always looking to the future, staying on top of the trends and looking out for new ways to help our members to better serve their members.
Safety and Soundness
The first thing you look for in a financial institution is safety and soundness, and we’ve got you completely covered in both. VolCorp has always been guided by the timeless principle of safety, liquidity, and yield (SLY). This, combined with a conservative investment strategy, means that we’ve been able to avoid losses and remain profitable. With these principles as an integral part of our business model since our founding in 1981, you can rest easy knowing that your capital is safe with us.
You also care about soundness, and the reliable delivery of services and support. Past and current economic events prove to us just how important our dedication to financial soundness is. For instance, instead of needing major overhauls in reaction to Corporate Regulation 704, we only needed minor changes, which translated into business as usual for our members, with no disruptions.
Count on us for the safety and soundness you need for your credit union.
Our strategic outlook is to remain a free-standing corporate with strong capital and forward-looking management. This outlook was designed with you, not our own profit, in mind. Our long-term strategic plan aims to continue using a conservative business model that protects members’ capital through crisis. We’ve consistently met all regulation requirements well within deadlines because of our accurate planning, positive growth rate, and excellent earnings performance.
Our commitment to serve our members stands behind everything we do. Our guiding philosophy is to be your trusted strategic partner. We also hold ourselves to a high standard of service, with experienced staff that is available, knowledgeable, and friendly. We’re dedicated to always giving you the kind of support and service you need, whether you’re a new member, or have been with us since 1981.
Our board of directors is committed to unparalleled service levels that are based on conservative operating policies and our proven safe and sound financial management policies.
All of this means that you can have confidence that your investment will be safe with Volcorp.
Full membership requires perpetual contributed capital (PCC). As a full member, you are able to participate in VolCorp’s governance and receive all services at the best prices. An approved advised line of credit (LOC) is available at no cost, and a committed LOC is available at a cost of five basis points.
Associate membership allows you the opportunity to use VolCorp’s Consulting, Brokerage, SimpliCD, and Payment Services with a $10 deposit into your transaction account. Your credit union will receive all services at VolCorp’s best prices. An approved advised line of credit (LOC) is available at a cost of five basis points, and a committed LOC is available at a cost of ten basis points.