Watertown Employees' Federal Credit Union was chartered in 1953 and is a not-for-profit financial cooperative, which exists solely for the benefit of its members.
In April 2004 Watertown Employees' Federal Credit Union received approval from our federal regulator, the National Credit Union Administration (NCUA), to convert to a community charter. We are now able to serve the following residents of our community:
- Persons who live, work, worship or attend school in Codington County, South Dakota
- Members of their immediate families or households
- Organizations of such persons
On June 15, 2009 Watertown Employees' Federal Credit Union received approval from NCUA to change our name to Avanti Federal Credit Union.
If you are interested in joining our Credit Union, please stop
in or call.
Members are federally insured to $250,000 by the National Credit Union Administration, a United States government agency.
"Our mission is to provide quality financial services at fair rates and terms to meet the changing needs of our membership in a professional and friendly atmosphere."
Important Information About Procedures For Opening
A New Account
To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver's license or other identifying documents when you come to the branch to sign the account card.
Avanti Federal Credit Union Expands Field of Membership To Include Clark, Deuel, Grant and Hamlin Counties
Anyone who lives or works within those counties is now eligible for membership in the credit union
FOR IMMEDIATE RELEASE
May 18, 2012
Avanti Federal Credit Union has announced a field of membership expansion that includes Clark, Deuel, Grant and Hamlin Counties in Northeast South Dakota. Anyone who lives, works, worships or attends school in, and businesses and other legal entities within those counties is now eligible for membership in the credit union.
"Expanding our field of membership into these four additional counties allows us to better serve northeast South Dakota and represents our commitment to our growing membership in the area." said Avanti's President and CEO Judy Wolff. "We're pleased we can now assist Clark, Deuel, Grant and Hamlin county residents with their financial needs through our services that range from full-service checking and savings accounts to home loans and business services."