How to Join
What is a "Member Share" and
why do I have to have a separate account for it?
I already belong to another credit union. Can
I still join Virginia Credit Union?
If I’m joining
by mail, how do I know when my membership has been opened and
what my account number is?
Once I join, how long do I have to wait to apply
for a loan or credit card?
If I change jobs, retire, move or graduate
from college, do I have to close my credit union membership and
stop using credit union services?
I’m eligible
to join Virginia Credit Union. Do my family members have to
live in my same household to
join too?
I’m already a member.
Can my cousin, aunt or uncle join, too, because of their relationship
to me?
What is a "Member Share" and
why do I have to have a separate account for it?
To become
a member, an eligible individual must deposit and keep a minimum
of $5. This $5 membership deposit represents your one share in
the ownership of your credit union. A separate
Member Share account is used to hold only your $5 membership
deposit.
I already belong to another credit
union. Can I still join Virginia Credit Union?
Yes, you can join VACU, too. There’s no limit on the number
of credit unions you can join and benefit from, as long as you’re
eligible for each one.
If I’m
joining by mail, how do I know when my membership has been
opened and what my account
number is?
You’ll receive by mail your account number, deposit receipt
and important information about your account and the many services
available to you. Please review the information and contact
us with any questions.
Once I join, how long do I have to wait
to apply for a loan or credit card?
You can apply for credit at the same time you join. To submit a
credit card or loan application with your membership application by mail,
download, print and complete
a credit application.
If I change jobs, retire, move
or graduate from college, do I have to close my credit union membership
and stop using credit union services?
No, you’re a member for life as long as you keep your account
active and in good standing. Just call or e-mail us if your situation
is changing and you need help with the easiest ways to use your
credit union wherever you are.
I’m
eligible to join Virginia Credit Union. Do my family members
have to live in my same household
to join too?
No, they don’t as long as the relative is your spouse, child,
grandchild, parent, grandparent, sister or brother.
I’m
already a member. Can my cousin, aunt or uncle join, too, because
of their relationship to
me?
They do not qualify as your immediate family members. However,
if they live in your household, they are eligible as members of
your
household. It’s also possible they could become eligible
through other Virginia Credit Union members in your family or other eligible groups. Contact
us for more information.
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