fbpx
27Products found
View
Filter
  • MariSol Federal Credit Union Membership

    • MariSol Federal Credit Union is headquartered in Phoenix, Arizona and has served members since 1954.
    • Manages $51.46 Million in assets and serves over 7,000 members.

    Membership: Live, work, or worship in the areas served by the credit union.

  • Mohave Community Federal Credit Union Membership

    • Mohave Community Federal Credit Union is headquartered in Kingman, Arizona and has served members since 1957.
    • 25th largest credit union in Arizona, managing $57.18 Million in assets and serving over 5,000 members.

    Membership: Membership is open to all Mohave County residents.

  • Cochise Credit Union Membership

    • Cochise Credit Union is headquartered in Willcox, Arizona and has served members since 1958.
    • 24th largest credit union in Arizona, managing $58.69 Million in assets and serving over 5,000 members.

    Membership: Serves residents and their immediate family members residing or working in specific geographic areas in Arizona.

  • Banner Federal Credit Union Membership

    • Banner Federal Credit Union is headquartered in Mesa, Arizona and has served members since 1957.
    • 23rd largest credit union in Arizona, managing $68.28 Million in assets and serving over 8,000 members.

    Membership: Membership eligibility is limited to Banner Health System and Sonora Quest Laboratory employees.

  • First American Credit Union Membership

    • First American Credit Union is headquartered in Casa Grande, Arizona and has served members since 1962.
    • 22nd largest credit union in Arizona, managing $104.4 Million in assets and serving over 14,000 members.

    Membership: All it takes to join First American Credit Union is an opening deposit of just $25 plus a $10 non-refundable membership fee.

  • Coconino Federal Credit Union Membership

    • Coconino Federal Credit Union is headquartered in Flagstaff, Arizona and has served members since 1955.
    • 21st largest credit union in Arizona, managing $124.19 Million in assets and serving over 10,000 members.

    Membership: Anyone who lives, works, or worships in Coconino County.

  • Pyramid Federal Credit Union Membership

    • Pyramid Credit Union is headquartered in Tucson, Arizona and has served members since 1929.
    • 19th largest credit union in Arizona, managing $233.38 Million in assets and serving over 18,000 members.

    Membership: Anyone who lives, works, or worships in Pima County can join Pyramid FCU.

  • Landings Credit Union Membership

    • Landings Credit Union is headquartered in Tempe, Arizona and has served members since 1953.
    • 18th largest credit union in Arizona, managing $243.97 Million in assets and seving over 16,000 members.

    Membership: Arizona School, College, & University employees, students, & family members.

  • Pinal County Federal Credit Union Membership

    • Pinal County Federal Credit Union is headquartered in Casa Grande, Arizona and has been serving members since 1954.
    • 17th largest credit union in Arizona, managing $295.25 Million in assets and serving over 26,000 members.

    Membership: Live and work in Pinal County, Arizona.

  • AERO Federal Credit Union Membership

    • AERO Federal Credit Union is headquartered in Glendale, Arizona and has been serving members since 1958
    • 16th largest credit union in Arizona, managing $305.47 Million in assets and serving over 23,000 members.

    Membership: Everyone is eligible to join.

  • American Southwest Credit Union Membership

    • American Southwest Credit Union is headquartered in Sierra Vista, Arizona and has served members since 1955.
    • 15th largest credit union in Arizona, managing $374.42 Million in assets and serving over 31,000 members.

    Membership: Live, work, or worship in one of the following Arizona counties: Cochise, Pima, Graham, Greenlee, or Santa Cruz.

  • SunWest Credit Union Membership

    • SunWest Federal Credit Union is headquartered in Phoenix, Arizona and has served members since 1937.
    • 13th largest credit union in Arizona, managing $572.79 Million in assets and serving over 56,000 members.

    Membership: You live, work, worship, or attend school in Maricopa or Pima County.

  • Copper State Credit Union Membership

    • Copper State Credit Union is headquartered in Phoenix, Arizona and has served members since 1951.
    • 12th largest credit union in Arizona, managing $604.34 Million in assets and serving over 47,000 members.

    Membership: Live, work, attend school, or worship in the designated Arizona counties.

  • Tucson Federal Credit Union Membership

    • Tucson Federal Credit Union is headquartered in Tucson, Arizona and has served members since 1937.
    • 10th largest credit union in Arizona, managing $692.71 Million in assets and serving over 59,000 members.

    Membership: You live, work, volunteer, worship, or attend school in Pima County or if you are an immediate family or household member of someone who satisfies one of the previous criteria.

  • Arizona Central Credit Union Membership

    • Arizona Central Credit Union is headquartered in Phoenix, Arizona and has served members since 1939.
    • 9th largest credit union in Arizona, managing $750.85 Million in assets and serving over 100,000 members.

    Membership: Everyone is welcome to apply.

  • Pima Federal Credit Union Membership

    • Pima Federal Credit Union is headquartered in Tucson, Arizona and has served members since 1951.
    • 8th largest credit union in Arizona, managing $1.13 Billion in assets and serving over 65,000 members.

    Membership: Live, work, worship, or attend school in specific Arizona counties.

What is a Credit Union?

Credit unions are not-for-profit financial cooperatives offering many banking products and services. These include:

  • Checking
  • Savings
  • Money Market
  • Certificates
  • Car Loans
  • Personal Loans
  • Credit Cards
  • Mortgages
  • Debit cards
  • Direct deposit and other electronic transfers
  • Online banking and bill pay
  • Mobile banking and deposit via an app
  • Investment services, insurance, and more.

As financial cooperatives, credit unions exist for the mutual benefit of their members. In fact, you’re a member, not a customer, when you bank with a credit union.

Read more: Learn All About Credit Unions

Why Join a Credit Union

Credit unions offer competitive interest rates.

Credit unions are highly competitive when it comes to savings rates and interest rates on loans and credit cards. This is due to the lower cost of operations and the tax exemptions that allow them to invest profits back into the membership.

Credit unions are democratically governed.

This means you get a voice, and elections are based on a one-member, one-vote philosophy. As a credit union member, your participation is vital. Make your voice heard at your credit union by communicating and attending the annual member events.

Credit unions are regulated and insured.

Credit unions are highly regulated financial entities, and federally chartered credit unions are supervised by the National Credit Union Administration (NCUA), an independent federal agency that regulates, charters, and supervises federal credit unions. State-chartered credit unions are regulated by the state for which they operate.

Differences between credit unions and banks

Because of their not-for-profit structure, making profits for shareholders isn’t a goal. Profits are reinvested into the membership to grow financial offerings and support members.

Like other not-for-profit organizations, some credit unions enjoy federal tax exemptions, allowing them to offer better rates on savings accounts, lower rates on loans, and little or no fees. It’s also important to understand that credit unions pay other types of taxes, such as state, sales, and payroll taxes. They contribute taxes back into the community for which they serve.

How to Join a Credit Union

There are thousands of credit unions all across the United States. This means you have plenty of choices.

Each credit union has membership eligibility requirements. You’re eligible to join a credit union because of where you live, work, worship, attend school, or are related to an existing member.

Here are the steps to join a credit union.

Step 1: Find a Credit Union

You can search the marketplace to find a credit union in your state. There is a good chance you’ll meet the eligibility requirements for membership.

Step 2: Verify Your Membership Eligibility

Review the requirements listed in the description of each credit union. You’ll notice they’ll have eligibility listed, such as:

  • having family belonging to a local credit union
  • living in a particular area
  • working for a company
  • belonging to a group
  • a member of a church
  • student or alumni of a school
  • or even by joining an association when you apply

Step 3: Open Your Membership Account

Credit unions allow you to apply for membership online or by visiting the local branch. To verify your identity, bring your valid ID and proof of address.

Most credit unions require a membership share account that establishes your relationship.

You must have this share account to become a “member-owner” of the credit union. Additionally, this share deposit is “locked in” and cannot be used for the entirety of your membership.

Each credit union has a specific membership share deposit requirement. It’s often between $5-$50.

*Note: Once you close your credit union membership, you get back the share deposit.

Step 4: Make Use of Your Credit Union Membership

After becoming a member-owner, you’re eligible to open accounts at the credit union. It’s good to know that credit unions often use different names for the same products you’ll find at banks. For instance, they might refer to checking accounts as “share draft accounts.”

Most importantly, “Once a member, always a member.”

Once you’ve joined a credit union, you’re a member for life. You can keep your credit union even if you move out of your city, leave a job, or change churches or associations.

With convenient online services and mobile apps, it is easy to keep your membership going. And once you’re a member, you can invite your immediate family to join, too.

Remember, you’re a member-owner, so do more with your credit union.

Your participation is vital to the credit union’s success. That means using more of your credit union’s banking services, loans, and other services. The revenues made from these services help the cooperative cover its expenses, grow its offerings, and remain financially stable.

Main Menu