2011 Armstrong Student Center
Oxford, OH 45056

Visa Account Login
Internet Banking Login
Incoming Freshman
Graduating Seniors
International Students
Wire Transfer Instructions

About Us


What is a Credit Union?

  • A credit union is a cooperative financial institution, owned and controlled by the members who use its services.
  • Credit unions serve groups that share something in common, such as where they work, live, or go to school.
  • Credit unions are not-for-profit, and exist to provide a safe, convenient place for members to save money and to get loans at reasonable and competitive rates.
  • Like other financial institutions, credit unions are closely regulated. The National Credit Union Share Insurance Fund, an agency of the federal government administered by the National Credit Union Administration (NCUA), insures all deposits of credit union members up to $250,000.

Why Choose a Credit Union Over a Bank?

Both banks and credit unions accept deposits, make loans, and provide a variety of other financial products and services. However, banks exist to make a profit since they are owned by groups of external shareholders primarily interested in obtaining a sufficient rate of return on their investments. As such, banks tend to charge clients higher fees and transaction costs. Owned and managed by actual members, credit unions focus less on profit and more on providing quality products and services that most effectively benefit all. While banks focus on profit maximization, credit unions exist so that individuals can form a cooperative and assist others financially.

At First Miami, this same philosophy holds true. Members of the First Miami team strive to provide all members with the most affordable products and services possible while also teaching Miami students the importance of financial management and knowledge.

© 2017: First Miami Student and Alumni FCU, All Rights Reserved | Federally insured up to $250,000 NCUA