CareWorld Federal Credit Union
Track our journey to financial independence. When we reach our goals, we open the doors to member-owned banking that serves the movement, not Wall Street.
Formation Progress
Two goals stand between us and financial independence. Track our real-time progress.
Your Deposits Build Infrastructure
Every dollar deposited into CareWorld Federal Credit Union directly funds the construction of food hubs, health centers, affordable housing, and community facilities in your local area.
Unlike traditional banks that send your money to Wall Street, 100% of Credit Union deposits stay local and finance infrastructure that you and your community will actually use.
Infrastructure Funded by Your Deposits:
- Food Hubs: Organic produce distribution centers saving families $200-500/month
- Health Centers: Comprehensive primary care, dental, and mental health services
- Affordable Housing: Below-market-rate homes for cooperative members
- Community Centers: Shared spaces for education, events, and connection
Deposit Goal
Required for federal charter
25.0% complete • $3.75M remaining
Member Accounts
Committed to opening accounts
28.5% complete •7,153 members needed
No money required now. Just your commitment to join when we open.
Honorary Founders
The ultimate founding status. Only 25 spots available with DOUBLE all First 100 benefits plus exclusive lifetime privileges.
Platinum Founding Status
Prominent placement on Founders Wall + digital registry + exclusive Honorary Founder badge on all accounts.
2x Governance Power
Double voting weight on all Credit Union decisions + guaranteed board meeting attendance + veto power on major changes.
Premium Rates for Life
0.5% rate advantage on ALL loans + 0.5% bonus on ALL savings + priority access to investment opportunities.
Honorary Founder Exclusive Benefits
- Lifetime VIP Status: Red carpet treatment at ALL CareWorld events forever
- Platinum Certificate: Museum-quality framed certificate numbered 1-25
- First-in-Line: Priority #1 for ALL new products, services, and opportunities
- Private Briefings: Monthly 1-on-1 access to Credit Union CEO and board chair
- Legacy Status: Transferable to one heir to preserve family founding status
Only 18 spots remaining • Closes when 25 reached or Feb 2026
First 100 Credit Union Founders
Be among the founding members who make history. The first 100 to commit receive lifetime recognition and exclusive benefits.
Lifetime Founding Status
Your name permanently engraved on the Founders Wall at Credit Union headquarters and digital registry.
Governance Voice
Priority voting rights and direct input on Credit Union policies, rates, and strategic direction.
Exclusive Rates
0.25% rate advantage on all loans and 0.25% bonus on savings accounts for life.
What You Get as a Founding Member
- Grand Opening VIP Access: Exclusive invitation to the September 2026 launch celebration
- Founding Member Certificate: Numbered 1-100, signed by Credit Union leadership
- Priority Account Opening: First access to all new financial products and services
- Quarterly Briefings: Direct updates from Credit Union board and executive team
Only 73 spots remaining • Closes when 100 reached
Formation Milestones
The path from vision to reality. Each milestone brings us closer to financial independence.
Member Commitment Phase
Completed Dec 2025Founding members pledge to open accounts upon launch
Deposit Goal Achievement
Target: March 2026Reach $5M in committed deposits to meet regulatory requirements
Federal Charter Application
Target: April 2026Submit application to NCUA for federal credit union charter
Regulatory Approval
Target: July 2026Receive NCUA approval and federal charter
Grand Opening
Target: September 2026CareWorld Federal Credit Union officially opens for business
First Wave: 15-State Rollout
The Credit Union will launch first in Wave 1 states. Track real-time progress as we build state-by-state.
Texas
Florida
Ohio
Pennsylvania
Georgia
North Carolina
Michigan
Arizona
Tennessee
Indiana
Missouri
Wisconsin
South Carolina
Alabama
Louisiana
Learning from 90 Years of Success
Teacher credit unions have proven the cooperative model works. CareWorld builds on their legacy while innovating for 18 professions.
Member-Ownership Structure
Teacher credit unions are owned by members, not shareholders. Excess earnings return to members through lower loan rates, higher savings rates, and fewer fees.
Democratic Governance
All teacher credit unions are governed by volunteer Boards of Directors elected by members on a one-member-one-vote basis, ensuring accountability.
Remarkable Growth Trajectories
SchoolsFirst grew from $1,200 (126 teachers) to $35 billion over 91 years—a 29,166,667x increase. Even smaller teacher CUs sustain 70-90 years of success.
Community Impact Programs
Teacher CUs invest in education foundations, classroom supplies loans (0% interest), scholarships, and charitable giving—strengthening member loyalty beyond finance.
Born from Necessity: The Great Depression Era
All major teacher credit unions were founded during economic hardship (1934-1952) when traditional banks failed or refused to serve educators. Teachers pooled resources to create alternatives when the financial system abandoned them.
Today's parallel: Wealth inequality, corporate consolidation, and the "Great Consolidation" create similar conditions. CareWorld emerges as professionals across 18 fields recognize the need for cooperative alternatives to extractive corporate finance.
Why a Credit Union?
The financial heart that keeps value circulating within our ecosystem, not extracted to Wall Street.
Member-Owned Banking
No corporate extraction. All profits returned to members through dividends and lower fees.
Closed-Loop Economy
Keep all financial transactions within the CareWorld ecosystem. Your money fuels the movement.
Cooperative Lending
Preferential rates for members starting businesses, buying homes, or investing in cooperatives.
Financial Independence
Break free from Wall Street banks. Build wealth that serves families, not shareholders.