First, a credit union is owned and operated by its members-the people it serves. Second, credit unions are non-profit organizations, formed and managed by members who want to have more control over their financial destiny. Third, credit unions are the safest place to save. Accounts are insured up to $100,000 by the National Credit Union Administration (NCUA)-a U.S. Government agency, and the strongest of all federally insured agencies.
When you join FAFCU, you automatically become a shareholder. The earnings of the Credit Union are used to pay dividends, cover the cost of operations, build reserves, and provide reasonably priced financial services to its members.
Volunteers-people like you-are elected to the Board of Directors, the Credit Union 's governing body. The Board sets Credit Union direction and policies.
Employees of wholly- or majority-owned subsidiaries of The First American Corporation who work in the United States of America, as well as spouses of persons who died while within the field of membership of this credit union, employees of this credit union, persons retired as pensioners or annuitants from the above employment, members of their immediate families, and organizations of such persons may all join FAFCU as members.
It's simple! All it takes is a completed membership application, a valid driver's license, and an opening deposit of $51.00 (includes $1.00 lifetime membership fee). Once you join the credit union, you are a member for life, as long as you maintain the required minimum balance ($50.00) in your share/savings account.
Call us at 800.854.3643 ext. 3800 or email the credit union for a membership application.