It's time to bank where you count as a member, not as a number! Membership in Powerco Federal Credit Union gives your money more power. Powerco is a federally insured financial institution headquartered in Atlanta, Georgia. Chartered in 1935, Powerco, with over $185 million in assets, is one of the largest and fastest growing credit unions in the State of Georgia. More than 21,000 members and their families are served by dedicated professionals in eight branches in Georgia and Mississippi. Members of Powerco are offered a wide range of excellent financial services. We are a full-service financial institution, offering everything from checking accounts, to loans, to credit cards. Powerco also has a range of free and low-fee products and services. Powerco is always "the best place to save and borrow." Credit unions differ from other financial institutions as they are non-profit organizations, and the members are the owners. Powerco's profits are returned to the members in the form of low interest rate loans and high-yielding savings programs. Your savings at Powerco are federally insured through the National Credit Union Administration (NCUA), a U.S. Government Agency. Your deposits are insured to at least $250,000. This insurance is backed by the full faith and credit of the United States Government just like the FDIC program for banks. The NCUSIF also insures IRA accounts separately up to $250,000.