Quick Fact
A revocable living trust is similar to a will in several ways. You can transfer property to your beneficiaries after death through a living trust. You can also name alternate beneficiaries in a living trust in the event your primary beneficiaries predecease you. Unlike a will, however, assets in a living trust bypass the probate process and generally pass to your beneficiaries without delay. Living trusts can be a valuable part of an estate plan, but living trusts are not for everyone. So get all the details and consider your specific needs and the alternatives before establishing one.
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Mission
At KEMBA, we are committed to providing our members with quality financial products and exceptional service. Whether saving for the future, financing a home, purchasing a mutual fund, or obtaining a new auto - our members count on KEMBA to meet all of their financial needs. As a member of KEMBA, you’ll enjoy our very attractive dividend rates on savings products and our competitive interest rates on loan products. Our full-line of financial products can help you reach your goals. KEMBA Financial is a not-for-profit cooperative organized solely for the purpose of offering members a balanced variety of financial services. Unlike banks, KEMBA is owned and directed by its members. Our mission is to provide superior quality, innovative, convenient, and competitive financial services that contribute to the well being of our members and their families. We take this commitment seriously. I encourage you to take a moment to browse our website, outlining our products and services. We hope you find this site useful and that you will trust KEMBA for all your financial needs.
Respectfully,
Gerald D. Guy
Chief Executive Officer
Statement of Commitment to Members
The primary goal of KEMBA Financial Credit Union is to improve the economic well-being of our members. As a not-for-profit financial cooperative, KEMBA is committed to actively serve the people within our field of membership. We place high importance on consumer education and the teaching of financial thrift to our members. Throughout KEMBA’s strategic plan, we put forth efforts to enable our members to become financially self-sufficient and successful. We uphold strong core values and beliefs. Our credit union is about people. We have a desire to serve our members that leads us to do what is in their best interest. The components for serving our members are:
a) Deep understanding of credit union ownership and philosophy
b) Enthusiasm for enriching the financial lives of members
c) Commitment of service to our members
In addition, KEMBA will continue to look for better ways to serve the interests of under-served portions of our membership and potential membership base. We will also continue to deliver a range of low cost products and services to the diverse economic and social makeup of our members and potential members. And we will continually, in all facets of operations, demonstrate the value of membership in KEMBA. This Statement of Commitment to Members is consistent with our credit union principles of “Not For Profit, Not For Charity, But For Service” and our philosophy of “People Helping People Help Themselves.” This statement represents good business practices that ensure the financial strength of our credit union on behalf of our members.
Section I: Service to Members
KEMBA Financial Credit Union strives to offer services designed to improve the economic and social well being of all members from all socio-economic backgrounds, including our low- and moderate-income members, and return financial value to all those who participate in our member-owned financial cooperative.
Section II: Member Education
KEMBA Financial Credit Union is committed to member and consumer financial education; in addition we are committed to educating members and consumers, alike, about credit union uniqueness, philosophy, and values.
Section III: Involvement/Governance
KEMBA Financial Credit Union will endeavor to preserve credit union democratic principles, including demographic representation and volunteer participation in credit union activities.
Section IV: Diversity
KEMBA Financial Credit Union recognizes the value of demographic diversity in staff as well as in volunteers, and will strive to bring people of diverse backgrounds and experiences into leadership and other roles at the credit union.
Section V: Commitment to the Credit Union Movement and other Cooperative Activities
KEMBA Financial Credit Union will work to build and strengthen our unique credit union movement by providing financial and in-kind resources to others within the credit union community and by actively advocating the credit union difference at all levels of government and in other appropriate public forums. In addition, KEMBA Financial Credit Union will participate in local, state and national cooperative activities as appropriate, and will strive to build and strengthen relationships with other sectors of the national cooperative movement.
Section VI: Public Service/Corporate Citizenship
Through direct financial support or other in-kind contributions to worthwhile local organizations, and by participating in public service activities, KEMBA Financial Credit Union strives to be an active partner in our community. We recognize that practicing good Corporate Citizenship supports the Credit Union Philosophy of People Helping People Help Themselves; furthermore, it will help raise the overall level of social and economic well being of those in our community, help to strengthen ties within the community, and better position us to reach out and serve –
as only credit unions can –
those people in greatest need of affordable financial services. |
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