Our Mission Statement
The Mission Statement for New Waterford Credit Union was developed from our values, and reads as follows:
"As a member owned financial institution, New Waterford Credit Union is committed to providing a wide range of competitive, quality products and services with integrity and professionalism. We are dedicated to the betterment of our members, our community, our staff and volunteers."
Our Values
- Equity Among Members
- Competitiveness
- Community Involvement
- Quality in Products and Services
- Convenience for Members
- Successful
- Service as appropriate
- Fair and Honest in Dealing
- Community Owned
Co-operative Principles
Our values are based upon 7 co-operative principles which act as the base on which all co-operative organizations are built. They are as follows:
- Voluntary and open membership
- Democratic member control
- Member economic participation – at credit unions, members have equitable, democratic control of their capital
- Autonomy and independence – credit unions are independent organizations owned by members
- Education, training and information to stakeholders
- Co-operation among co-operatives – credit unions works together locally, regionally, nationally and internationally
- Concern for community – credit unions work for sustainable development of their communities.
