The Area Community Credit Union has a rich heritage in the Greater Grand Forks area. We started as a Federally Charted Credit Union in 1958. We converted to a State Charted in December, 1964 with approximately $52,000 in assets. Initially, we were a Credit Union solely for the Grand Forks Public School employees. Over the years we have steadily grown along with the community.
On July 1, 1994 with $3.5 million in assets, we moved into our present building at 2800 South Washington Street. The Grand Forks Herald Credit Union merged with ACCU on April first, 1997 and we became a Community Charter Credit Union, welcoming anyone (including all family members) living or working within a fifty mile radius of Grand Forks to become a member and to utilize the services of ACCU. Today we have approximately $14 million in assets, serving over 2,500 customers.

What is a Credit Union?
Credit Unions are not-for-profit financial cooperatives owned by the people who save and borrow there. Every person who saves is a member and every member as such, has the right to vote on policies affecting the Credit Union or to become and officer. Each person has one vote and one vote only regardless of the amount of savings maintained in the Credit Union. The savings are deposited as “shares” and the earnings on these shares are called “dividends”.