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  • Canopy Federal Credit Union Membership

    • Canopy Credit Union is headquartered in Spokane, Washington and has been serving members since 1956.
    • Manages $238.61 Million in assets and serves over 14,000 members.

    Membership: If you live, work, worship, are a member of a partner association, or attend school in Spokane County, Pend Oreille County, or Stevens County, Washington.

  • CALCOE Federal Credit Union Membership

    • CALCOE Federal Credit Union is headquartered in Yakima, Washington and has been serving members since 1937.
    • Manages $44.11 Million in assets and serves over 4,000 members.

    Membership: Eligibility for those who live, work, worship, or attend school in Yakima County.

  • Oregon Community Credit Union Membership

    • Oregon Community Credit Union is headquartered in Eugene, Oregon and has been serving members since 1981.
    • 2nd largest credit union in Oregon, managing $3.52 Billion in assets and serving over 271,000 members.

    Membership: Multiple ways to be eligible, including living and working in designated counties in Oregon and Washington.

  • Numerica Credit Union Membership

    • Numerica Credit Union is headquartered in Spokane Valley, Washington and has been serving members since 1937.
    • 6th largest credit union in Washington, managing $3.89 Billion in assets and serving over 173,000 members.

    Membership: Eligibility includes whether you live, work, or worship within the North Idaho Panhandle or the State of Washington.

  • TwinStar Credit Union Membership

    • TwinStar Credit Union is headquartered in Lacey, Washington and has been serving members since 1938.
    • 5th largest credit union in Washington, managing $4.27 Billion in assets and serving over 256,000 members.

    Membership: Eligibility includes if you live, work, or attend school in Washington state and select counties in Oregon.

  • Horizon Credit Union Membership

    • Horizon Credit Union is headquartered in Spokane Valley, Washington and has been serving members since 1948.
    • 12th largest credit union in the state of Washington, managing $2.11 Billion in assets and serving over 113,000 members.

    Membership: Eligibility extended to people living in eastern Washington, Idaho, western or central Montana or eastern Oregon.

  • Spokane Teachers Credit Union Membership

    • Spokane Teachers Credit Union is a member-owned financial cooperative providing banking services, including savings, loans, and other financial services.
    • 4th largest credit union in Washington with assets totaling $3.67 Billion and providing banking services to more than 207,000 members.

    Membership: Open to anyone who lives, works, worships, or attends school in Washington state or counties in Northern Idaho.

  • Washington State Employees Credit Union (WESCU) Membership

    • Washington State Employees Credit Union (WESCU) is a member-owned financial cooperative providing banking services including savings, loans, and other financial services.
    • 3rd largest credit union in Washington with assets totaling $3.74 Billion and serving more than 283,000 members.

    Membership: Open to those who live and work in the state of Washington .

  • Gesa Credit Union Membership

    • Gesa Credit Union is a community-chartered credit union that offers financial services in Washington, Oregon and Idaho.
    • It’s the 2nd largest credit union in Washington with assets totaling $4.11 Billion and serving more than 257,000 members.

    Membership: Live, work, worship, or attend school in the State of Washington, are a close relative of someone who qualifies as a member.

  • Idaho Central Credit Union Membership

    • Idaho Central Credit Union is a member-owned financial cooperative providing banking services, including savings, loans, and other financial services.
    • The largest credit union in Idaho with assets totaling $6.04 Billion and serving over 406,000 members.

    Membership: Live or work in Idaho or Washington in certain counties and employees.

  • Wings Financial Credit Union Membership

    • Wings Financial Credit Union is a member-owned financial cooperative providing banking services, including savings, loans, and other financial services.
    • Minnesota’s largest credit union has assets totaling $6.18 billion and serves over 296,000 members.

    Membership: Anyone who lives or works in specific geographic areas in WA, MI, MN, WI, FL, and GA.

  • onPoint Community Credit Union Membership

    • onPoint Community Credit Union is a member-owned, not-for-profit financial cooperative offering comprehensive financial solutions
    • Largest community-owned financial institution headquartered in Oregon with more than 406,000 loyal members.

    Membership: Lives, works, or worships in Clark or Skamania counties in Washington or 28 Oregon Counties.

  • Global Credit Union Membership

    • Alaska Federal State Credit Union is a member-owned financial cooperative providing financial banking services.
    • The 17th largest in the United States, with assets totaling $9.54 Billion and serving over 692,000 members.

    Membership: If you live in Alaska, Washington, California’s San Bernardino County, and Arizona’s Maricopa County, you are eligible to join Alaska USA.

  • BECU Membership

    • BECU is a member-owned credit union offering financial services.
    • The largest credit union in Washington, with assets totaling $24.75 Billion and serving over 1.26 million members.

    Membership: All Washington state residents are eligible to join. 

  • Seattle Credit Union Membership

    • Seattle Credit Union is headquartered in Seattle, Washington and has been serving members since 1933.
    • 18th largest credit union in the state of Washington, managing $1.09 Billion in assets and serves over 56,000 members.

    Membership: Eligibility applies if you live, work, worship, or attend school in the state of Washington.

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.

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