principle #4 (independence)

Autonomy & independence set us apart. As a financial cooperative, Seattle Metropolitan Credit Union is autonomous and independent because we are controlled by our members, not outside shareholders. If SMCU seeks to enter into agreements with other organizations it must be done in ways that ensure cooperative autonomy and continued control by members only.


October 19th, 2012

Celebrate Bank Transfer Day on November 5

You’ve probably heard all the “big banks are bad; switch to a credit union” hype, but do you know why credit unions are better for consumers? In light of the second annual Bank Transfer Day coming up, let’s review the differences between banks and credit unions and why you should switch. Banks are for profit.… (keep reading)

Richard Romero - CEO Seattle Metropolitan Credit Union

February 3rd, 2012

Richard Romero is SMCU’s New CEO

After a nationwide search, the Seattle Metropolitan Credit Union Board of Directors is pleased to announce the selection of Richard Romero as the Credit Union’s new Chief Executive Officer. Mr. Romero will become just the fourth CEO in SMCU’s 79-year history.


January 13th, 2012

Annual Meeting 3.29

UPDATED 3.7.2012: As owners of your financial co-op, it is your right to be informed about and participate in decisions related to SMCU’s operation. This annual meeting is an opportunity to let your voice be heard and exercise your rights as a member. Admission is free. 6p – 7:30p | Thursday, March 29th | SMCU’s… (keep reading)


October 26th, 2011

Nov. 5 is Bank Transfer Day – Move your accounts and loans to SMCU.

Seattle Metropolitan Credit Union was born to help City of Seattle workers help themselves. Nearly eighty years later, anyone who lives in the state of Washington can find financial autonomy by switching to SMCU. We haven’t forgotten that we were built by our members and are therefore a reflection of their wants and needs. We… (keep reading)


October 19th, 2011

Join SMCU’s Board of Directors

As an owner of Seattle Metropolitan Credit Union, you have a voice in the overall governance of the credit union. Like all credit unions, we are run by a volunteer board of directors elected by, and from, the membership. Applications are now being accepted for our Board of Directors and our Supervisory Committee. Board of… (keep reading)

Co-opalooza Sunday October 16

October 7th, 2011

Co-opalooza: A Celebration of Community and Co-ops

Members of Seattle Metropolitan Credit Union will tell you that we are a different kind of financial institution. We are a financial co-op, and being a co-op means doing right by our members. Being a co-op means that we do business according to a set of time-tested principles, none of which is focusing on maximizing… (keep reading)

No Monthlyl Debit Card Fees at SMCU

October 7th, 2011

Debit Card Fees Illustrate the SMCU Difference

Debit card fees have been in the news quite a bit during the last week. Changes in federal regulations are leading some banks to shift the task of generating debit-card revenue from the merchants accepting debit cards to the consumers using them. Several national banks have recently announced plans to charge their customers a monthly… (keep reading)