Credit Unions

   

What is a credit union?

A credit union is a cooperative financial institution, owned and controlled by the people who use its services.  These people are members.  Credit unions serve groups that share something in common, such as where they work, live, or go to church.  Credit unions are not-for-profit, and exist to  provide a safe, convenient place for members to save money and to get loans at reasonable rates.  Credit unions are closely regulated.  The National Credit Union Share Insurance Fund, administered by the National Credit Union Administration, an agency of the federal government, insures deposits of the credit union members at more than 11,000 federal and state chartered credit unions nationwide.  Deposits are insured up to $250,000.00

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How do I join Wood County Community Federal Credit Union?

To be eligible for membership, you must either live, work, worship, volunteer, or attend school in Wood County, West Virginia as mandated by our charter.

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What do I need to open an account?

It is very simple, you need to deposit  $25.00 into a share (savings) account.  You will also need to provide your valid drivers license and social security card, along with the membership card application.  That is all there is to it.

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When will I benefit from the services you offer?

Benefits the credit union offers will be available to you the day you open your account and became apart of our family.

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