It seems as if everywhere you look these days, some business or website wants you to sign-up to join as a member. Is it worth all the time and hassle to sign up for a credit union? How long is the process? What do you have to do to qualify? Are there any specific requirements to be a member of a credit union? Can I get rejected? Do I need to pay membership dues?
These are just some of the questions that people have about joining a credit union. As a means of dispelling some of the untruths and clearing up the confusion, this article will focus on how to join a credit union in New Bedford, Massachusetts. It will also give you advice as to what you can expect to find available to you when you become a member.
Is it worth all the time and hassle to sign up for a credit union?
Actually, the process that is required to join a credit union in New Bedford, Massachusetts isn’t really all that involved. All you need to do is meet the requirements of membership and either call or visit St. Anne Credit Union located on Union Street in New Bedford. The application process is very streamlined and easy to complete.
How long is the process?
If you qualify to become a member of the New Bedford credit union, the process won’t take very long at all. In fact, after just a few minutes you could be opening your first Share Savings account and be on your way toward enjoying all of the other benefits associated with membership.
What do you have to do to qualify?
According to the St. Anne Credit Union website in New Bedford, all you need to do to qualify is to either work or live in the Southeastern Massachusetts countries of Bristol and Plymouth. You don’t have to work at a certain place, be a homeowner or belong to a certain club or affiliation. All that is required is that you work or live in Bristol or Plymouth counties.
Are there any specific requirements to be a member of a credit union?
Contact St. Anne Credit Union in New Bedford if you have any questions about becoming a member of a credit union. Their website specifically states that membership is open to anyone who lives or works in Bristol or Plymouth counties. Membership is made up of people just like you who live and work in Southeastern Massachusetts.
Can I get rejected?
Applicants can be rejected from becoming a member of a credit union if they do not meet the qualifications and requirements of membership. For questions and concerns about membership, contact St. Anne Credit Union in New Bedford direct to speak with a representative.
Do I need to pay membership dues?
Joining a credit union in New Bedford and becoming a member of a credit union is not like joining a club. There are no membership dues that need to be paid. The basic requirement of membership is to open a $25 Share Savings account. Any other types of accounts, loans or savings investments that you make after that are up to you. Some of these other investment accounts require a minimum monthly balance, but the Share Savings account is the only investment required for membership.
Time to Join a Credit Union in New Bedford?
St. Anne Credit Union has been serving customers in the New Bedford area since 1911. It is a member-owned, non-profit financial institution. St. Anne Credit Union in New Bedford serves customers within Bristol and Plymouth counties in Southeastern Massachusetts, providing services to over 3100 members. This member-owned institution has over $18,000,000 in assets and is currently the oldest credit union in Southeastern Massachusetts.
Whatever your financial needs, concerns or interests, St. Anne Credit Union can help. With a wide variety of home, auto, motorcycle and personal loan opportunities, savings accounts, certificate of deposit and money market accounts, checking accounts and more available to every member of a credit union, there are many reasons to join a credit union and actively take advantage of every opportunity available. You can join St. Anne Credit Union by visiting the New Bedford location at 93 Union Street or by calling 508-993-0011.