Credit unions in Missouri

Credit union: In the state of Missouri, there are 106 headquartered credit unions that operate more than 300 branches to serve their members. Those active branch offices serve over 1.3 million residents. The largest credit union in the state is First Community Credit Union, which serves over 329,000 members. Roughly 1/3 of all credit union members belong to this cooperative. First Community has been in operation since 1934. It is a community-based cooperative that is open to anyone living and working in a set geographic area.

Just like other states, to join a credit union, you must meet its eligibility requirements. Many limit their membership to those in certain professions, like teachers or police. Others are limited to certain employers. However, many are community-based and open to anyone in their set geographic area. All credit unions allow their members to extend their membership to immediate family members. 

Car insurance: Car insurance in Missouri is not regarded as expensive, and is pretty close to being in line with the national average. Where car insurance gets expensive in Missouri is for young drivers. Teenage drivers can pay between 5-6 times more than what a 50-year-old driver would. People should always be on the lookout for insurance that is a better price. But if you have a teenager on your policy, you should absolutely keep your eyes open for the best deals. Check with your credit union and see what benefits they offer their members. 

It does not appear that credit unions in Missouri underwrite their own policies. However, most have partnerships with other companies that can bring discounts to their members. Many partner with TruStage, which is a company that works with credit unions across the country. Several others work with local agents and regional companies to offer discounted policies to their members.