Welcome to Jack Daniel Employees’ Credit Union. Founded in 1977, Jack Daniel Employees’ Credit Union provides a wide range of financial products with a personal touch and genuine concern for our members. Credit unions were formed with one concept in mind, “people helping people”. This simple idea created an enormous movement by groups of individuals sharing a common bond to put member savings together, keep overhead costs to a minimum, make wise investments and return profits to their members.
This idea continues today at Jack Daniel Employees’ Credit Union. As a not-for-profit financial institution, created to serve the financial needs of the employees of Jack Daniel Distillery, credit union earnings are returned to members in the form of higher dividends on savings, lower interest rates on loans, and low cost financial services. Membership in Jack Daniel Employees’ Credit Union not only provides you with quality financial services but also entitles you to have a voice in your credit union through a member-elected board of directors who establish credit union policies. These policies are then carried out by the management and staff of Jack Daniel Employees’ Credit Union.
Every year your credit union is examined by the State of Tennessee, Department of Financial Institutions, Credit Union Division, and NCUA to ensure safety and soundness. The Supervisory Committee, volunteers from among the membership who are appointed by the board of directors, conducts periodic exams of internal procedures including an annual audit of the financial statements.
For 30 years, the credit union was located on the premises of its sponsor company Jack Daniel Distillery. The distillery donated space for the credit union to conduct operations and serve members. In January 2008, the credit union was re-located to a new building on Majors Boulevard in Lynchburg. This new facility provides drive-thru service for members, private offices for loans, a board room for meetings, a cash dispenser for fast accurate service and space for a host of other services.
Once a member, always a member is Jack Daniel Employees’ Credit Union’s policy. If you move away, change your place of employment or retire, your membership lasts a lifetime by simply maintaining your share account. As an employee or retiree of Jack Daniel Distillery or the Metropolitan Lynchburg Moore County government, your family is also eligible for membership. See who is eligible for membership.
With Jack Daniel Employees’ Credit Union, your funds are federally insured by NCUA for up to $250,000.
If you are interested in learning more about how we could help you, please contact
us by email or call 931-759-5513.