Diamond Lakes Federal Credit Union

Any individual who lives, works, worships or attends school in Hot Spring County, Garland, Clark, Montgomery or Pike Counties, is eligible to join Diamond Lakes Federal Credit Union. When you become a member of the credit union, your immediate family members also become eligible to join.

It is also important to remember that membership doesn't end if you retire or leave your current place of employment. Credit union membership is a lifetime benefit. Once you are a member, you can remain a member for life...no matter where you live. That means you and your family can continue to receive the same low-cost financial services credit union membership offers.

If you are not a member, apply today.

The Diamond Lakes Federal Credit Union, originally called the Jones Mills Federal Credit Union, was formed in 1960 to serve the employees of Reynolds Metals Reduction Plant. The credit union began offering life savings insurance and loans the same year. The credit union's assets were worth about $10,000.

The credit union received a Multiple Group Charter in 1994 allowing it to expand in a 25-mile radius around it’s Malvern Office. It then became the Diamond Lakes Federal Credit Union. The credit union was granted another community charter in 2005 to serve Hot Spring, Garland, Clark, Montgomery and Pike Counties. In 2006, the credit union opened a full-service branch at 4032 Central Avenue in Hot Springs.

The Diamond Lakes Federal Credit Union has since continued to expand its membership and add services to benefit its members. As of December 31, 2009, the credit union's assets were worth $41,876,219.