Five Star Credit Union was founded in August of 1964 in Cedar Springs, Georgia. The credit union's original mission was to serve the employees of Great Southern Paper Company (now Georgia-Pacific) and initially was chartered as Cedar Springs Federal Credit Union. In 1991, to reflect a growing membership from other employers and towns, we changed our name to Five Star Federal Credit Union. In 1997, the board of directors voted to relocate our headquarters to Dothan, AL, and we chose to become an Alabama state-chartered credit union (dropping the "Federal" from our name). This allowed us to offer our membership to many more people in Alabama and Georgia. We currently operate branches throughout SW Georgia and SE Alabama. We pride ourselves on the "Five Star" friendly service we provide our members. After all, as a shareholder member, we are truly YOUR family's credit union, and we are here for you and your family.
Why a Credit Union Instead of a Bank?
A Credit Union is a not-for-profit, member-owned, financial cooperative that is there to serve its members' needs. The earnings of credit unions are returned to its members in the form of better dividend rates and lower loan rates and fees. By opening an account at Five Star Credit Union, you become a member and one of the owners of the credit union. That is why we say we are YOUR Five Star Credit Union.
We are Full Service.
Five Star is a full service institution that is able to handle all of your financial needs.
Accounts are NCUA Insured.
Each account is insured by the National Credit Union Administration (NCUA) to the maximum federal limit. IRA accounts are insured separately, also for the maximum federal limit. Please call 888-619-1711 and ask a Member Service Representative for details.