P1FCU was formed in 1938 by an organized group of people with a common bond who pooled their assets to provide loans and financial services to each other. Credit unions are not for profit cooperatives formed by and organized group of people with a common bond, owner by members and are operated by mostly volunteer boards. Members of credit unions pool their assets to provide loans and other financial services to each other.
Other financial institutions are owned by outside stockholders and controlled by paid boards. Theses factors allow credit unions to pay dividends to their members (not shareholders) and offer them lower loan rates higher savings rates and fewer service fees. P1FCU is a member-owned, not-for-profit financial cooperative. We have grown now to serve members in fifteen counties in Idaho, eight counties in Oregon, and the entire state of Washington.
P1FCU has served individuals from diverse cultural, religious and economic backgrounds for many years. We strive to build a workplace environment of inclusion through a diverse workforce of people, talent and ideas to serve our marketplace that is represented by a demographically broad range of people.
Our employees are the most important resource in our service commitment to our members and potential members. By applying the principles of trust, honest, respect, integrity and commitment, we nurture and maximize talent to the benefit of each individual and the credit union. We are committed to recruiting, developing, promoting and retaining the best and brightest employees from all walks of life and backgrounds
P1FCU fosters a work environment where diversity is valued, quality of life is enhanced, individual aspirations are encouraged, and the P1FCU family is strengthened. We treat each other with respect and dignity by listening to different viewpoints, opinions , thoughts and ideas and embracing a culture of inclusion.