Welcome to Service 1 Federal Credit Union!

Enriching lives by providing a quality member experience for current and future generations. Protecting the interests of our members and creating positive change within lives and communities.

Service 1 Federal Credit Union is a not-for-profit financial cooperative, owned and directed by its members. Members pool their financial resources in order to help each other. Each member has a say in Service 1 FCU decisions. All profits earned are returned to members in the form of fewer fees and better rates. From savings and checking to loans and financial counseling, you'll find everything you need for financial wellness at Service 1 FCU—all with federal insurance by the NCUA for complete peace of mind.

Members enjoy a full line of personal financial services, including:

  • Dividend-bearing savings
  • FREE Kasasa Rewards® checking with debit/ATM card
  • Low-rate auto and recreational or "toy" loans
  • Vacation and personal loans
  • Home mortgage loans, home equity loans and HELOCs
  • ScoreCard Rewards® credit cards
  • Online banking with FREE online bill pay
  • Text and mobile banking
  • Enhanced mobile app
  • Certificates of deposit
  • Christmas and Vacation Club accounts
  • Youth programs with bonus savings rates and special events
  • And much more!

All this with better rates and amazing service!


Our History

Service 1 Federal Credit Union was chartered August 7, 1940 by employees of Continental Motors. The first office was located in the basement of the Time Office at Continental Motors in Muskegon, Michigan. The original founders wanted a safe and friendly environment where they could save their money; the two services offered were savings and loans. In 1950 the credit union moved into an office on West Western Avenue in Muskegon, where it continued to grow.

Over the years, to better reflect our mission and expanding membership, our name was changed to Service 1 Federal Credit Union. We have evolved into a full-service institution that responds to member feedback, offering numerous progressive services.

Our main office is located on the shores of Lake Michigan in beautiful Muskegon, Michigan at 1075 E. Sherman Boulevard. We serve our members online 24/7 and from six branch locations: three in Muskegon, MI; Mobile, Alabama; Neosho, Missouri; and Shell Knob, Missouri.

Service 1 Federal Credit Union has over 21,000 members and nearly 500 companies in its field of membership.

Our Team

Board of Directors

The Service 1 Federal Credit Union board is elected by the membership to advocate on their behalf and to set the strategic direction of the credit union. Volunteer board members serve two-year terms. Board members are expected to understand and assess increasingly complex financial, business, legal, and regulatory matters. If you’re interested in serving in this voluntary position, please click here and follow the instructions on the Board of Directors Application.

The Supervisory Committee is appointed by the board from among the members of the credit union. Volunteer Supervisory Committee members serve one-year terms. Committee members ensure the Board of Directors and management meet required financial reporting objectives and establish practices and procedures sufficient to safeguard members’ assets. Follow us on Facebook, Instagram, and Twitter, and sign up for our e-newsletter for the most up-to-date details.

Livin' the Mission

The Service 1 FCU mission is “Member Driven. Community Focused.” This stated purpose is a beacon that brings together employees and diverse goals, guiding them towards the achievement of those goals.

Member Driven: Service 1 FCU can provide guidance and tools to help members get back on track, repair credit, and move toward their dreams instead of living paycheck-to-paycheck and "just getting by." Our purpose is to assist members in achieving financial success like home ownership, upgrading a vehicle, increasing credit card purchasing power, and even building a college or retirement nestegg.

Meet this member family to learn how Service 1 FCU was able to help them move forward in their financial journey:

Get to know this young member and learn about how Service 1 FCU was able to help him secure his first auto loan with confidence:


Membership is open to select employee groups (SEGs) in our field of membership (FOM) in all states and branches except our Shell Knob, MO branch, whose FOM is anyone who lives, works, worships or attends school in Barry County or Stone County, MO. You may qualify for benefits through a relationship membership through our nearly 22,000 members and over 500 companies—contact us today to explore your options! Once you join, membership at Service 1 Federal Credit Union lasts a lifetime.

Annual Report

View our Annual Report here.