Rails West Federal Credit Union, 751 E Clark St, Pocatello, ID 83201, US

HistoryHISTORY: SEI Credit Union was founded as Pocatello United States Employees Federal Credit on July 7, 1935 by Vern Roche. Vern was a postal employee who wanted to develop a way for people to get small loans with little savings and a good rate of return. Ten people signed the original application for charter and pledged $5.00 each. Federal charter was granted on August 10, 1935 by the Governor of the Farm Credit Administration, charter number 517. The original field of membership was postal employees and railway mail clerks located in Pocatello, Idaho, members of their immediate families, and associations of these employees. An organizational meeting was held on August 21, 1935. A board of directors, a credit committee, and a secretary-treasurer were elected at this time, as well as a Supervisory Committee. Par value was set at $5.00 per share. Business began on September 7, 1935, and the first loan was granted on September 7, 1945 for $30.00 at 10% interest. On August 7, 1958,SpecialtiesSEI-US Employees Federal Credit Union was chartered in September, 1935. The credit union has been going strong for over 75 years. Our Mission Statement Is: It is our goal to be the best possible credit union. We can do this by providing friendly,courteous, business-like service to all our members as efficiently as is practical. We live by this mission statement every day. We believe that by offering friendly, courteous service, our members will keep coming to us for their financial journeys! Signature loans Auto Loans Home equity loans Repos and more Becoming a Member is Easy! If you are not already a member, you should be! We serve all federal employees and retirees of governmental agencies and their families in Bannock, Bear Lake, Bingham, Caribou, Franklin, Oneida, and Power counties.