Cheney Federal Credit Union has been serving members and our local community since 1951. We provide convenient and low-cost financial services to those who live, work, worship or attend school in the Cheney and Medical Lake School Districts and their immediate family members. CFCU is a member-owned, not-for-profit financial institution that exists solely for the purpose of meeting the financial needs of our nearly 5,900 member-owners.
We are known for our outstanding personal service. Our members often earn higher returns on their savings while paying lower rates for loans. Our current assets are over 100 million. We are here for you in every season of life. Check us out!
We are known for our outstanding personal service. Our members often earn higher returns on their savings while paying lower rates for loans. Our current assets are over 100 million. We are here for you in every season of life. Check us out!
Services
CFCU is dedicated to serving all members in a confidential and professional manner. We are in business to provide convenient, efficient, low cost financial services to those who live, work, worship or attend school in the Cheney or Medical Lake School District, and their immediate family members. We will be responsive to member needs while maintaining sound financial principles.
CFCU strives to offer our members free to low-cost products that enhance their banking experience. We are here for you on the go, online and in person. Check out the products below to learn more! 7 Day Per Week RDC (Remote Deposit Capture) this is the feature where you can take a photo of a check and have it deposited into your desired CFCU account.
Our share savings account is your key to credit union membership. Maintaining a $20 balance in your regular savings establishes you as a member share owner. There are no monthly maintenance fees associated with this account. Once your membership is established you are eligible to apply for other credit union services.
The CFCU basic checking is for you! This is by far our most popular checking account. With this account there is no monthly maintenance fee, no per check charge and no minimum balance or automatic deposit/withdrawal requirements. To access your CFCU basic checking account funds use your free Visa Debit Card, checks, or electronic transfers!
CFCU Visa Debit Card! Looks like a credit card, works like a check. You can use your card anywhere that accepts Visa, these days that's just about everywhere. You can even use it to shop online, however for security reasons we recommend using your CFCU Visa Credit Card for that. Remember, when you use your debit card the funds come directly from your checking account, so it's important to keep track.
Reviews (8)
Candace Reeves
Nov 17, 2021
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Worst company I have ever worked with. I have NEVER made a late payment in my life, been a client for 3 yrs+, have good credit and they still refuse to consolidate because of 15%. According to my credit report and my income, I can well afford to make the payments as well as have my paid in full car as collateral. NEVER will I ever use this company again.
Hollie Williams
May 20, 2021
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Lucy Black
Jan 12, 2021
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L. M. Malcolm
May 16, 2020
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Too snobby and stuck up (unless you OWE them money or they need something done that doesnt get them in trouble) to even return a phone call or e-mail. Member since 2004 and over quarter million in deposits. . Getting too big and automated, they've really lost that personal touch. They dont care. Too Seattle-type Liberal, I think they'd rather just have salaried government employees (less trouble) than real world people struggling to make a living during COVID.. .
Also, they closed my primary account due to layoff overdraft with no notice or call so my stimulus bounced. now that I'm back to work
Also, they closed my primary account due to layoff overdraft with no notice or call so my stimulus bounced. now that I'm back to work
DesmondCreighton
Jun 13, 2019
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Switched to CFCU from Wells Fargo, will never go back. CFCU is great - I'm a young guy and my credit can't be too great since I settled a credit card debt with Wells Fargo ($500 on a $1300 debt, because half of it was from their compounding overdraft fees), but CFCU got me set up in less than an hour and I've been with them since. They automatically credit me for checks that I cash, withdrawals are free, and I've never once paid an account maintenance fee like I was EVERY MONTH with Wells Fargo. Crazy how a small town bank can do better than a multi-billion dollar banking conglomerate!
Margaret Holloway
Jan 20, 2016
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I prefer credit unions over banks to begin with, but CFCU is the best one I've ever had the pleasure to be a member of! They will bend over backwards for their members, often going not only the extra mile, but 100 miles after that! Cheney FCU is also part of shared branching, which makes it a great place to do other credit union business as well. And they're just as friendly and accommodating to the shared branch members as they are to their own. It's a place full of smiling faces and wonderful people! Highly recommended!!!
Rebekka Martin
Nov 10, 2015
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The Cheney Federal Credit Union is by far the best credit union in the Cheney/Spokane area! They are always so friendly and great at their jobs. Their App and website is supper easy to access and use to view your account or pay bills. They always have some sort of event going on that involves Cheney such as their school drive to help out less fortunate students in the Cheney school district area. I truly feel like my membership at the Cheney Federal Credit Union is valued by their team members.
Christian Beal
Oct 13, 2015
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