Frequently Asked Questions (FAQs)
What is Savona Credit Union?
Savona Credit Union is a community-focused financial institution offering affordable banking services, personalized financial solutions, and member-first service. As a credit union, we are owned by our members, not shareholders.
How do I become a member?
Becoming a member is simple. You can join by opening a savings account with a minimum deposit and providing valid identification. Membership eligibility may vary depending on community or organizational ties.
What services do you provide?
- Savings and Checking Accounts
- Personal and Business Loans
- Fixed Deposits
- Online and Mobile Banking
- Financial Advisory Services
Is my money safe at Savona Credit Union?
Yes. Member deposits are secure and insured providing peace of mind for your savings.
Do you offer online and mobile banking?
Absolutely. Members can access their accounts, make transfers, pay bills, and manage finances conveniently through our secure online and mobile banking platforms.
How can I apply for a loan?
Loan applications can be made online, via our mobile app, or in person at any branch. We offer flexible repayment options and competitive rates.
What makes Savona Credit Union different from a bank?
Unlike traditional banks, Savona Credit Union is owned by its members. Profits are reinvested to offer better rates, lower fees, and improved services, not paid to external shareholders.
Are there account maintenance fees?
Many of our accounts have no or minimal fees. A full fee schedule is available at any branch or on our website.
Can businesses open accounts with Savona Credit Union?
Yes. We offer tailored banking solutions for small businesses, entrepreneurs, and organizations.
How can I get in touch?
- Email: contact@savonacu.com
- Branch Visits: 301 East Water Street, Charlottesville, VA 22904 Virginia
