Credit unions became popular during the Great Depression as Americans searched for financial solutions outside of banks. Wakota FCU was founded in 1931 as part of that movement. Our commitment to community involvement remains strong to this day. Credit unions are member-owned, and as a result theyAore generally more conservative with their investments than banks. With no stockholders to demand quarterly profits, itAos easy for credit unions to eschew risky loans like subprime mortgages. Credit unions like Wakota FCU provide a community-driven approach to financial responsibility.