Who can join a credit union and how?

Who can join a credit union? - people, regardless of age, who have a proven legal affinity with each other – often called a “Common Bond” or “Legal Field of Membership” - such as living and/or working in a defined area, such as a county, local authority, workplace, community groups and other combinations. The Consultancy can provide information on constructing a legitimate “Common Bond” to set up a new credit union.

How do you join a credit union? - by finding a credit union in one of the areas noted above and completing an application form (with assistance if necessary), making a commitment to save and providing proof of identity and residence – legal requirements. An increasing number of credit unions have an “on-line” facility for this process.