Membership At Western Region FCU

How to Become a Member Of Western Region Federal Credit Union
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! 

Who Runs The Credit Union?
Credit Unions are not like other financial institutions.  They 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.

The Credit Union Difference – People, Not Profits

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 for  service”.
• 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 our creed.
• 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.