Yes. Your deposits are insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.
The joint owner can send a note instructing us to remove their name (signature notarized) or we can close your existing account by opening a new account and transferring funds.
APPLICATIONS AND FORMS:
Where can I find frequently used applications and forms?
Visit our CREDIT UNION SERVICES tab for an online loan application and member application.
Or visit us at our office.
MEMBERSHIP:What is a credit union?
A credit union is not-for-profit financial cooperative that is formed by people with a common bond. Credit unions are owned and operated by the members it serves. Members of credit unions pool their assets to provide loans and other financial services to each other.
Banks are for-profit companies that exist to generate high levels of profit for their stockholders. Bank stockholders elect a paid board of directors to run the bank and to financially benefit stockholders, not the bank’s depositors. Credit unions are not-for-profit organizations that were founded on the idea of “people helping people”. They are member-owned and exist to serve their members, with a volunteer board of directors.
You must be employed or have a verifiable source of income, the ability to repay the debt and a stable credit history.
We require copies of your tax returns from the two most recent years.
No, you can pay off any consumer loan without incurring a prepayment penalty.