A credit union is owned by its members. Each credit union member owns one "share" of the organization and is an equal owner, no matter how much they have on deposit. The $5 that we require in your Membership Share account is one of the criteria for being a voting member of the credit union. Each member has an equal vote on important issues, such as the election of member representatives to serve on the Board of Directors.
Who owns the credit union? Print
Modified on: Wed, Nov 6, 2019 at 4:21 AM
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