WE HAVE MEMBERSHIP ELIGIBILITY OR REQUIREMENTS

This is unique to cooperative businesses. Fortunately, our regulators have been responsive to our changing needs and have widened most fields of membership, but we still have some restrictions on who can join the credit union. It was the vision of most credit union pioneers that EVERYONE have access to a credit union. Some folks speculate that membership restrictions were placed early on to ensure our success…groups of “like individuals pooling their resources” helped credit unions grow in the early years.