About Us
Who we are
Clearway Federal Credit Union is a full service financial institution ready to serve you as a member, not just as a customer! We are a not-for-profit financial cooperative owned by the folks that save and borrow money at Clearway. Profits are returned to members in the form of lower rates on loans, less fees and a higher return on savings products.
All deposits are insured by the National Credit Union Administration, an agency of the federal government, to at least $250,000.
Membership
To become a member, you must live, work, worship, attend school or regularly do business In one of the six counties we serve: Garland, Hot Spring, Clark, Grant, Montgomery or Pike Counties or Hot Springs Village. CIick "Apply for membership online" and complete our online membership application.
Our History
Clearway Federal Credit Union began in 1960 as Jones Mills Federal Credit Union, established to serve employees of the Reynolds Metals Reduction Plant. In 1994, the credit union adopted a new name—Diamond Lakes Federal Credit Union—reflecting its broader vision for growth and service. In 2026, the credit union underwent a full brand transformation, becoming Clearway Credit Union and reaffirming its commitment to being “trusted for what matters most.”
Over the years, the credit union expanded its field of membership beyond the plant, opening its doors to individuals who live, work, worship, attend school, or regularly conduct business in Central and Southeast Arkansas, as well as to local employers and organizations. This growth has allowed the credit union to strengthen its commitment to community-focused financial service and support.