Question 1

What is Highway 6 Credit Union?

Accepted Answer

Highway 6 Credit Union (formerly known as Division #6 Highway Credit Union) is a state-chartered credit union based in Chesterfield, Missouri. Serving approximately 1,733 members with over $15.6 million in assets, the credit union specializes in providing cooperative financial services to a select membership base.

The credit union primarily serves employees of the Missouri Department of Transportation in District Six and the Missouri State Highway Patrol, Troop C, along with their family members. With a small but dedicated staff of four employees, Highway 6 Credit Union maintains a focused mission on supporting the financial well-being of its member community.

Question 2

When was Highway 6 Credit Union founded?

Accepted Answer

Highway 6 Credit Union was founded in 1969 to serve the financial needs of transportation and highway patrol employees in Missouri's District Six region. The credit union was established as a member-owned, nonprofit financial cooperative to provide accessible financial services to this specialized workforce.

Over the decades, the credit union has maintained its commitment to serving the same core membership base while adapting to modern financial service delivery methods. It remains focused on its founding principle of providing cooperative financial services to its eligible members and their families.

Question 3

Where is Highway 6 Credit Union headquartered?

Accepted Answer

Highway 6 Credit Union is headquartered at 14392 S Outer 40 Road in Chesterfield, Missouri. This location serves as the credit union's primary office and provides convenient access for members in the St. Louis metropolitan area.

The Chesterfield location allows the credit union to serve its membership base effectively while maintaining close connections to the Missouri Department of Transportation and Missouri State Highway Patrol communities it was established to support.

Question 4

Where does Highway 6 Credit Union operate?

Accepted Answer

Highway 6 Credit Union operates primarily in the Chesterfield, Missouri area and serves Missouri Department of Transportation District Six employees and Missouri State Highway Patrol Troop C members throughout the region. The credit union's field of membership is based on employment affiliation rather than geographic boundaries.

Membership eligibility extends to employees of MoDOT District Six and MSHP Troop C, as well as their immediate family members. Once an individual becomes a member, their family members are also eligible to join as secondary members, creating a tight-knit financial community centered around public service employees in Missouri's transportation and law enforcement sectors.

Question 5

What services does Highway 6 Credit Union offer?

Accepted Answer

Highway 6 Credit Union provides a comprehensive range of financial products and services to its members, including:

Savings and Share Accounts: Traditional share savings accounts that allow members to build their savings while earning dividends on their deposits.

Checking Accounts: Share draft accounts that provide members with check-writing capabilities and access to their funds for daily transactions.

Loan Products: Various lending options including personal loans, auto loans, and other consumer lending products designed to meet member needs at competitive rates.

Digital Banking Services: Members can access their accounts and manage their finances through the credit union's online banking platform, providing convenience for routine transactions and account management.

The credit union focuses on delivering personalized service with competitive rates on both savings and loans, reflecting its member-owned cooperative structure.

Question 6

What makes Highway 6 Credit Union unique?

Accepted Answer

Highway 6 Credit Union distinguishes itself through its highly specialized membership focus. By exclusively serving Missouri Department of Transportation District Six employees and Missouri State Highway Patrol Troop C members, the credit union creates a unique community of public servants dedicated to Missouri's transportation infrastructure and highway safety.

With only four staff members serving 1,733 members, the credit union maintains an intimate, personalized approach to financial services. This small size allows for direct member relationships and tailored financial guidance that understands the specific needs and circumstances of transportation and law enforcement professionals.

The credit union operates as a 501(c)(14) nonprofit organization, ensuring that all earnings are returned to members through better rates, lower fees, and improved services rather than being distributed to outside shareholders. This cooperative structure aligns the credit union's success directly with member financial well-being.

Question 7

What type of financial institution is Highway 6 Credit Union?

Accepted Answer

Highway 6 Credit Union is a state-chartered credit union operating under Missouri state regulations. As a state credit union, it is subject to oversight by Missouri state banking authorities while also maintaining federal insurance through the National Credit Union Administration (NCUA).

The credit union operates on a cooperative, member-owned basis, meaning every member is both a customer and an owner with voting rights in credit union governance. A volunteer Board of Directors, elected by the membership, oversees the credit union's operations and strategic direction.

Membership is restricted to employees of the Missouri Department of Transportation in District Six, employees of the Missouri State Highway Patrol Troop C, and their immediate family members. This select employee group (SEG) structure creates a common bond among members based on their public service employment in Missouri's transportation sector.

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About Highway 6 Credit Union in the United States