How do you find a credit union?


Quick Answer

Find credit unions by using My Credit Union's multipurpose tool at MyCreditUnion.gov. The tool allows users to narrow their options according to location and which credit unions have a drive-through window or an ATM. The tool gives additional details for each credit union, such as physical address, phone number and website.

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Full Answer

After finding a credit union, join by filling out an application, making a deposit and paying a membership fee. The credit union may also have a minimum par value of a share that must be maintained as long as a person is a member of the credit union. As of 2015, this minimum par value often ranges from $5 to $25. Once a person is a member, he has the ability to vote at future membership meetings.

If an individual is unable to join a credit union, he may contact the union and see if there's a way its membership field can be expanded. Membership fields for joining a credit union may include residing in a specific location, working for a specific employer or belonging to a member-based organization. Such organizations include churches, homeowner associations and labor unions. There are credit unions that may welcome members from several different organizations.

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