Company Information

Get to know Powerco Credit Union

Chartered in 1935, Powerco Federal Credit Union is a not-for-profit, member-owned financial cooperative dedicated to serving the employees, retirees, and family members of Southern Company and its subsidiaries. Its mission is to provide a safe place for members to save and borrow at reasonable rates. As a cooperative, it returns its earnings to members through lower loan rates, higher savings rates, and fewer fees while offering a complete range of financial services including savings accounts, checking accounts, various loan types, and credit cards.

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Financial BankingPRIMARY
Financial Other Service

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Powerco Credit Union

United States

Founded in

1935 (91 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.