Credit Unions are the #best! I love mines and I always suggest my clients sign up for an account with one as well. A) they provide credit building loans that are phenomenal when rebuilding your credit, B) the rates on auto and home loans are #GREAT!
I've had a few people tell me their not eligible to join a credit union or were denied, so here are a list of credit unions anyone can join as long as they meet a few simple requirements from Go Banking Rates
ENJOY!
1. CommunityWide Credit Union
While CommunityWide Credit Union supports Select Employer Groups (SEGs), in addition to close relatives of those who work with eligible companies, it keeps its field of membership relatively open by allowing people to join by making a small donation to one of the institution’s partner charities. A contribution to either the Michiana Goodwill Boosters or Marine Corps League is all it takes to join the ranks of the credit union’s 39,000 members.
2. GTE Financial Credit Union
Another open-charter credit union that serves specific businesses, employees’ families and select organizations is GTE Financial Credit Union. Gaining access to the institution’s impressive financial products is made simple with a $10 fee requirement to join CUSavers, a nonprofit financial education club. This is a one-time charge that opens the doors to great savings rates and a more personal banking experience.
3. Self-Help Credit Union
Self-Help Credit Union’s branches are centralized in North Carolina, but that doesn’t mean its membership is restricted to those within the state’s borders. In fact, depositors can activate their memberships by donating to the credit union’s founding charitable organization — the Center for Community Self-Help — with a one-time minimum $20 donation. To make things financially feasible for low-income individuals, the minimum donation requirement is adjusted to $5.
4. NuVision Federal Credit Union
It’s possible to find a credit union that anyone can join that also cares about members’ personal goals. NuVision Federal Credit Union is just one financial institution that offers its services to those who pledge themselves to the credit union’s cause. Those who are interested in joining NuVision, but who do not meet traditional eligibility qualifications, like its regional Arizona-resident requirement, can join the credit union’s sponsored educational group called the American Consumer Council.The institution adheres to the “once a member, always a member” policy, which means that regardless of members’ future status with the American Consumer Council, he always has a place with NuVision Federal Credit Union.
5. America’s Credit Union
A few of the best credit unions anyone can join directly support a greater national effort. One such credit union is America’s Credit Union, with an open criteria for membership that encourages citizens to support the Association of the United States Army (AUSA). By joining the AUSA organization with a membership fee as low as $14, members receive the benefits of America’s Credit Union products.
6. State Department Federal Credit Union
Members of the State Department Federal Credit Union include those who have an affiliation with the institution’s expansive employer and organization group, along with their immediate family members. However, those who otherwise would not qualify for membership can still take advantage of the credit union’s benefits by joining the American Consumer Council. With such an easy way to become a member, there’s no reason to not enroll into the credit union and join the more than 67,000 Americans who already have.
7. Alliant Credit Union
Another common misconception about credit unions is that they offer limited services. Alliant Credit Union is breaking through this falsehood by offering a full array of products and services to meet anyone’s needs. And it’s clear the institution supports everyone, seeing as just a $10 donation to Foster Care to Success, a nonprofit organization which supports those aging out of the foster care system, is depositors’ ticket into Alliant Credit Union membership. Just one contribution leads to a lifetime membership with the credit union, which is currently over 270,000 nationwide.
8. Pentagon Federal Credit Union
Pentagon Federal Credit Union might sound like a top-secret club, but this assumption is far from the truth. PenFed’s low loan rates and great credit card rewards are just a few of the perks members can enjoy. While the institution was designed to help those within the United States military and uniformed services, the credit union also opens its membership to individuals who join the National Military Family Association with a one-time $20 contribution, or the Voices for America’s Troops organization with a $15 membership fee.
Presently, the Pentagon Federal Credit Union is one of the many credit unions anyone can join that has grown its membership to astronomical figures. The credit union’s membership count is
approximately 1.18 million nationwide, which translates to greater resources for its members.
9. NASA Federal Credit Union
Like other local credit unions listed above, NASA Federal Credit Union permits the public to join its organization just for joining its sponsor, the American Consumer Council, with a $5 one-time membership fee. While the institution first offered its services exclusively to employees of NASA and their immediate relatives, it now extends its benefits to over 80,000 shareholders and counting.
10. Consumers Credit Union
Illinois-based Consumers Credit Union achieves the broader credit union objective of helping people who need it most. Its membership requirements are basic, demanding that applicants simply contribute a one-time $5 contribution to its sponsor, the Consumers Cooperative Association, in addition to depositing an opening amount of $5 into a share savings account.
Hope this helps! And if you're in the process of restoring and building your credit and would like some assistance, give us a call! We'd love to partner with you.
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