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About Us
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.
Accounts are federally insured to $250,000 by the National Credit Union Administration, a United States government agency.
Mission Statement
"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. |