Ofek Credit Union was created in order to become an alternative to Israeli banks, to give all its members fair and low-cost financial services, and to be a platform for economical and social change. Ofek Has focuses its efforts to provide technologically advanced financial services in a professional, transparent, responsible and fair manner, through democratic management and collaboration with OFEK's members, focused on their interests and needs.OFEK has more than 7500 members, providing services to individuals, households and SME's and its revenue model is based on of loan and deposit activities with a lean, low-cost approach.