 What is a credit union?
How do I join Wood County Community Federal Credit
Union?
What do I need to open an account?
When will I benefit from the services you offer?
A credit union is a cooperative financial institution, owned and
controlled by the people who use its services. These people are
members. Credit unions serve groups that share something in common,
such as where they work, live, or go to church. Credit unions are
not-for-profit, and exist to provide a safe, convenient place for
members to save money and to get loans at reasonable rates. Credit
unions are closely regulated. The National Credit Union Share
Insurance Fund, administered by the National Credit Union Administration,
an agency of the federal government, insures deposits of the credit union
members at more than 11,000 federal and state chartered credit unions
nationwide. Deposits are insured up to $100,000.00
To be eligible for membership, you must either live, work, worship,
volunteer, or attend school in Wood County, West Virginia as mandated by
our charter.
It is very simple, you need to deposit $25.00 into a share
(savings)
account. You will also need to provide your valid drivers license and social
security card, along with the membership card application. That is
all there is to it.
Benefits the credit union offers will be available to you the day
you open your account and became apart of our family.
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