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SkyPoint Federal Credit Union Expands from Montgomery County Base to Serve More Communities Across the DMV Region

·2-min read

The premier, member-owned financial institution extends its reach to customers in mid to lower-income communities

SkyPoint Federal Credit Union (SkyPoint), a premier, member-owned financial institution, announces its recent expansion to extend its service offerings and reach more communities across the region. From its base in Montgomery County, Maryland, SkyPoint now serves customers in Frederick County, Maryland, the District of Columbia, and Northern Virginia.

With the mission to ‘make banking simple,’ SkyPoint offers its members a wide variety of financial services to meet their needs, and embraces the use of innovative technology to achieve top levels of value and returns. Formerly known as Montgomery County Employees Federal Credit Union, SkyPoint completed a full-scale re-brand in 2019 that was rooted in adapting its offerings to better reflect its expanding and increasingly diverse membership base.

SkyPoint leverages its certified Community Development Financial Institution (CDFI) status to service a greater number of low to moderate-income households in the local area.

Among SkyPoint’s solutions are a full range of financial solutions, free online services, and a financial wellness program, SkyPoint at Work, for corporate partner employees with accompanying educational tools. SkyPoint is fully bilingual with over 80,000 ATMs available nationwide for fee-free use due to its extensive ATM network.

"We are proud of our deep roots in Montgomery County and take our role in delivering financial services to improve our members’ lives very seriously," said Jim Norris, President and CEO of SkyPoint. "Many people don’t know what credit unions offer or how we differ from banks. We provide the same services and financial solutions that they do, but at lower rates and with less fees. This allows us to not just make banking simple, but cost-effective and easy at the same time."

About SkyPoint Federal Credit Union (SkyPoint)

SkyPoint is one of the premier financial institutions serving Montgomery County, MD; Frederick County, MD; Arlington County, VA; Alexandria and Falls Church, VA; and the District of Columbia. We strive to offer our members a wide array of financial services, supported by the best technology, and offering great value through our member-owned structure. To learn more visit www.skypointfcu.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210413005396/en/

Contacts

Liz Gaither
RMR & Associates
(301) 230-0045 x 500
lgaither@rmr.com