How To Join

How do I become a member?
Anyone who lives, works, worships, or attends school in Lawrence County is eligible to become a member. Also, anyone who works for one of our member companies or has a family member who belongs to our credit union may join.

All you have to do is deposit $10.00 into a Regular Share (Savings) Account. This $10.00 gives you a share in the credit union and makes you a member/owner. If you would ever close this account, the $10.00 would be returned to you. Any accounts that are closed within six months of opening will be charged a fee of $10.00. When you become a member, you are able to open other types of accounts and take advantage of our services.

When opening a new account, please bring a Driver's License or photo ID. We cannot open an account without one. We place a ten day hold on any check used to open an account. Exceptions will only be made for payroll checks issued by local companies.

What is a credit union?
A credit union is formed when a group of people pool their savings to create a cooperative, not-for-profit financial institution. Unlike banks, credit unions are owned and directed by their members. The board of directors is made up of volunteers elected by the other members at the annual meeting.

Credit unions are not-for-profit organizations. This allows credit unions to better meet the needs of their members in many ways including offering higher dividends on shares and lower rates for loans.

Is my money insured?
Like banks, the money deposited into a credit union account is insured up to $100,000. Credit unions are insured by the National Credit Union Share Insurance Fund (NCUSIF). The National Credit Union Administration (NCUA) administers NCUSIF, which receives top marks from deposit insurance experts as the healthiest of the federal insurance funds.