Your Community. . .Your Credit Union! Cheney Federal Credit Union has been serving members and our local community since 1951. We provide convenient and low cost financial services to those who live, work, worship or attend school in the Cheney and Medical Lake School Districts and their immediate family members. CFCU is a member-owned, not-for-profit financial institution that exists solely for the purpose of meeting the financial needs of our nearly 5000 member-owners. We are known for our outstanding personal service. Our members often earn higher returns on their savings while paying lower rates for loans. Check us out!