Unlike other financial institutions, Pioneer is a not-for-profit financial cooperative. When you open a Share Account you become an equal, part owner of the credit union. No one person or organization runs or owns Pioneer. It exists for the people, to serve the people. The money earned by the credit union is used to pay higher dividends, charge lower interest on loans, and improve services. When you join Pioneer Federal Credit Union you are joining a family that cares about your needs and financial wellbeing.