What is the Share Account?
What are the Requirements to Access a Share Account?
Who benefits from the Share Account?
What are the Benefits to the Member(s)

Shares in a credit union means that you are a part-owner. You must purchase shares to be a shareholder at a minimum cost of $5.00 per share. While this is a principal account used to determine eligibility for loans, the Credit Union will offer customized loans to meet specific needs.

What are the Requirements to Access a Share Account?

Become a member by:

v Completing a membership application form with

v Two (2) forms of ID and

v Registration fee of $10.00

Who benefits from the Share Account?

Anyone who is desirous of:

v Building a savings nest

v Easy access to loan options

v Develop a strong relationship with the credit union

What are the Benefits to the Member?

v It encourages members to develop a savings pattern

v Loans (up to 200% of saving)

v Voting rights

v 2 An opportunity to be of service to your credit union, i.e. holding elected positions on Committees or the Board.

SHARES

v It encourages members to develop a savings pattern