They follow the same eligibility guidelines of any individual / natural person. The owner and individual are one-in-the-same legally and qualifying for credit union membership. The owner must live, work, worship, go to school or volunteer in Box Elder, Davis, Morgan or Weber County.
Includes Limited Liability Company’s (LLCs), S-Corporations, C-Corporations, Clubs, Associations, and other legal entities. These organizations need to qualify for membership under one of the two following eligibility methods:
The organization is located in the Ogden Clearfield MSA (metropolitan statistical area) comprising of Weber, Davis, Morgan, and Box Elder Counties.
Location to be defined as a physical location within the four county area. The physical location should be used in operations of the company.
This eligibility method should be the default method used for eligibility. If the organization is not eligible for membership under this method proceed to the 2nd
Please note that eligibility of organizations under this method does not include “Live, Work, Attend School, or Worship”. Organizations are eligible based upon location under this method.
The shareholders, partners, members, or owners do not need to be actual members of the credit union nor qualify for membership individually.
An organization may become a member of the credit union if a majority of the shareholders, partners, members or owners thereof are eligible for membership in the credit union.
A majority means 50.1%.
The shareholders, partners, members, or owners do not need to be actual members of the credit union, but must be eligible for membership.
The shareholders, partners, members, or owners must qualify for membership under the member eligibility requirements for individuals / natural persons.
How It Helps You
How It Works
Earns interest with a $150 minimum account balance
No fees, unless account is closed within the first six months
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