The C-B-W Schools Federal Credit Union is an independent financial cooperative chartered under federal law and operated for the benefit of its members, who share a common bond, and their families. Originally formed, in 1956, as a credit union for school employees, the board of directors has expanded the credit union’s charter to allow non-school related organizations to join. The credit union helps its members manage their finances by providing a safe place to save at high dividend rates and to borrow at low interest rates.