HealthShare Credit Union is a not-for-profit financial cooperative providing the best service to our most important assets - our members.
Your credit union was chartered in 1955 to serve the employees of Moses Cone Hospital. Over the next 50 years, as Moses Cone Health System grew, the credit union extended it's membership base to include affiliates and associated companies of Moses Cone Health System and all health care workers in Guilford County.
Regulation and Supervision
Credit unions are chartered under either federal or state law. HealthShare Credit Union operates under a state charter, and the books and records are inspected regularly by the North Carolina State Department of Commerce, Credit Union Division. HSCU is required by law to have regular examinations of their records and operations by an outside auditing firm, with the findings reported to the Board of Directors. 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 credit unions, as all activities of NCUA are funded by credit unions.