Membership At Western Region FCU
You become a member by completing a Membership Account Agreement and
making a minimum deposit of $25.00, which represents your share in the
credit union. Please bring with you a valid, government issued
photo ID. Your family members are then eligible to join the credit
union, as well. It’s that easy!
Credit Unions are not like other financial
are cooperatives. Members vote for the credit union’s board
of directors. Officers and directors are chosen from the membership
and serve on a voluntary basis. Each member has one vote. There
are no outside stockholders, so after reserves are set aside, earnings
are returned to members in the form of dividends on savings, attractive
loan rates and the development of new services.
The board of directors of a credit union hires a professional to manage
the credit union. The credit union staff consists of experienced
professionals who know and believe in credit union philosophy.
When it comes time to decide where to save for the future, where to
obtain loans for today, or where to turn for your everyday financial
needs, think of joining Western Region Federal Credit Union. You’ll
own it. You’ll have a share in its future. And its
safety is insured.
But above all, the credit union’s personal, friendly service and
commitment to your goals springs from a fundamental difference among financial
institutions: not for profit, not for charity, but for service.
You, too, can enjoy the credit union difference!
These are the principles on which credit unions are based and what
sets them apart from other financial institutions.
- Credit unions exist “not for profit, not for charity, but
- Credit unions are owned by their members.
- Credit unions are safe. Deposits
are insured up to $100,000 by an agency of the federal government,
the National Credit Union Administration.
- Credit unions have improved
the economic well-being of their members not only in this country,
but also in over 70 countries throughout the world.
- Credit unions
have, for over 100 years, been committed to providing low-cost loans
and fair return on savings to their members.
- Credit unions serve their
members – not profit-driven stock-Holders – and claim “people helping people” as
- Credit union members share something in common – they
work at the same place, attend the same church, belong to the same
professional group or live in the same community.
- Credit unions’ directors
are elected by the membership and serve without pay; service to members
is their reward.