SACU is a not-for-profit financial cooperative providing the best service to our most important assets - our members.

Credit Union History The credit union idea is a simple one: People should be able to pool their money and make loans to each other. It's an idea that evolved from cooperative activities in 19th century Europe. Since that time, the idea's guiding principles have remained the same: (1) Only people who are credit union members should borrow there; (2) loans are made for "prudent and productive" purposes; (3) a person's desire to repay (character) is considered more important than the ability (income) to repay. Members are, after all, borrowing their own money and that of their friends. These principles still govern most of the world's credit unions. As the 20th century began, the credit union idea surfaced in Canada. Canada's successful efforts profoundly influenced two Americans: Pierre Jay, the Massachusetts banking commissioner, and Edward A. Filene, a Boston merchant.

SACU History In 1958, Members of St. Angela Parish in Roseville, Michigan thought that they had the perfect base for a new Credit Union, and SACU was born!  

45 years later, SACU is still going stronger than ever - an accomplishment made possible by the loyalty of our Members and the dedicated service of our staff and volunteers.

SACU is proud to serve the Parishes of
*St. Angela - Roseville, MI
*St. Sylvester - Warren, MI
*St. Edmund - Warren, MI

**Other organizations located within 25 mile of our Chippendale office,may request to be added to SACU's field of membership by simply putting the request in writing, and submitting it to the Board of Directors.

July 1, 2008 we moved our location to St. Clair Shores Michigan and December 31, 2008 SACU changed the name to Shores Area Credit Union. 

Shores  Credit Union is a service-oriented, member owned financial institution dedicated to serving our members in a friendly, personal manner. 

 SACU is chartered under Michigan state law. State chartered credit unions are regulated by their state credit union department. NCUA administers the federal insurance fund (NCUSIF), which covers all federal credit unions and most state chartered credit unions. No taxpayer money is used for regulating and overseeing federal credit unions, as all activities of NCUA and the NCUSIF are funded by credit unions.

Other Affiliations SACU is also affiliated with the Credit Union National Association (CUNA) and is a Member of the Michigan Credit Union League (MCUL).