How Do I Join a Credit Union?

Joining AFL-CIO FCU is easy and rewarding.

Unlike banks, credit unions are communities. They’re known for their friendly employees, warm hospitality, and outstanding rates. Because of the amazing service that credit unions offer, it’s easy to assume that membership is extremely exclusive. This is not the case, however!

Credit union field of membership

Joining a credit union is easy. Most credit unions accept members based on location, typically within a radius of a few counties. They also accept family members of these members as well, even if they live in other areas.

Some credit unions are a bit more niche, however, and only accept members in both a certain radius and certain profession. There are credit unions that specifically tailor to teachers, first responders, medical personnel, those in select military branches, etc. For these credit unions, the member must live within a certain area but also work the field that the credit union is based on. Family members of these members can also join.

Once a member, always a member

The wonderful thing about credit unions is that when you join, you are a member for life! This means that if you move, switch professions, etc., you are still able to keep your membership. That’s the #CreditUnionWay.

I just financed a guy at 1.85 and qualified at 1.85. 20% down. 525K purchase 110K down. Makes 65. Bank offered him $385K mortgage. We got him $415K. Difference between BUYING or RENTING. #creditunionway https://t.co/yzxkLjfY9x
— mortgagejake (@mortgagejake) March 10, 2021

Joining a credit union must-haves

To join a credit union, all you have to do is visit the website of the one where you're eligible. Many sites have an electronic application you can fill out.

Should you be accepted, you will then be asked to deposit a minimum of five dollars into your account into your Share Account (Checking Account). These five dollars signify your ownership in the credit union. (That’s right, you OWN a part of the credit union!)

Unlike banks, credit unions use members’ money for loans. Essentially, if you were to apply for an auto loan, for example, the money borrowed would come from your fellow credit union members.

Contact AFL-CIO today to become a member!

Ready…Set…Join!

If you would not like to apply electronically, you can email or call the credit union and set up an appointment to talk about membership in person with a representative. Credit unions are there to serve you. Ditch being a customer of a bank and become a member of a credit union today!