Rajagiri Valley Credit union (RCU) is a member-owned, not-for-profit financial cooperative society that provides savings, credit and other services to its members. Credit union membership is based on a common bond, a linkage shared by savers and borrowers who belong to the regular employee list of Rajagiri School of Engineering & Technology, Kochi. RCU pools their members' shares to finance their own loan portfolios rather than rely on outside capital. Members benefit from higher returns on savings, lower rates on loans and fewer fees on financial services. However, services other than financial are extended to all staff members of RSET.
Credit union members elect a volunteer board of Executive Members from their membership. Members each have one vote in elections, regardless of their amount of savings or shares in the credit union.