The credit union is a non-profit organization. It is run by a Board of Directors and Supervisory committee. These positions are held by Volunteers who are credit union members. The credit union officials are elected each year at our annual meeting. All members are invited to attend the annual meeting to participate and learn about the credit union.
We are governed by NCUA (National Credit Union Administration). Deposits are insured to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF). We are a member of the Tennessee Credit Union League, our state association. We are also a member of the Knoxville Area Chapter of Credit Unions.
Foothills Federal Credit Union was chartered as UC Employees Credit Union in 1962 to serve employees of the Union Carbide Company in Loudon, Tennessee. In 1983 we expanded our charter to include numerous employee groups. In 2001, we changed our name to Foothills Federal Credit Union to reflect our diverse groups of members. In November of 2005, we were granted a three county community charter to include Loudon, Monroe and Blount Counties.