How To Join
The qualifications for membership are easy. Do you live, work, worship or attend school in Transylvania or Henderson County? Then you qualify!
So why should you join?
Three reasons why you should be with a credit union versus joining a bank:
- Better Rates. As not-for-profit institutions, credit unions are generally able to offer lower loan rates and higher deposits than banks.
- Valuable FREE services. Credit Union members enjoy the service convenience of today’s technology, including telephone, online banking and mobile banking.
- Members Ownership. Owned by their members (rather than outside stockholders), credit unions are focused on people – not profits. Members elect a volunteer board to oversee their credit union: the credit union’s recourses are then directed toward the good of the membership as a whole. Credit Unions exist to serve their member-owners by helping them to make the most of their money.
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documentation.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. NCUA, National Credit Union Administration, a U.S. Government Agency