General Information

WHO MAY BE A MEMBER:
Any school employee of Cassville, Diamond, East Newton, Exeter, McDonald County, Monett, Pierce City, Purdy, Seneca, Westview, Wheaton, or Crowder College. Board members of these schools, Seneca school transportation service, Seneca food service, and the immediate family members to include spouse, children, stepchildren, and grandchildren of eligible members.

HOW TO BECOME A MEMBER:
A $1.00 non-returnable fee plus a minimum deposit of $25 in your share/savings account makes you a full member. You may deposit to your share/savings account through payroll deductions if desired, (a withholding slip is attached), or by mailing deposits to our office. A membership card and a picture ID must be on file before an account can be opened. Feel free to call the credit union telephone number to have one sent to you.

OWNERSHIP OF THE CREDIT UNION:
By becoming a member of the credit union, you become an owner. This gives you one vote at the annual meeting. It also means that any profit of the credit union is shared with you through dividends.

DIVIDENDS:
Dividends are declared by the credit union board based upon the earnings of the credit union at the end of a quarter. The dividend rate will be raised or lowered according to profitability.

INSURANCE:
The National Credit Union Administration covers each account up to $250,000 in case of failure of the credit union.

Loans are covered by a loan-protection policy, up to a total of $10,000 per account, paid for by the credit union.

full information regarding the loan-protection policies can be found under the loan information section.

LOANS:
A lending policy covering loans is found under loan information. Applications for loans is also found under the loan information site. the loan process should take no longer than one week.

WITHDRAWAL OF SHARE/SAVINGS:
Share/savings on deposit are available at the time of request. The president, Bruce Forsberg, will write a check immediately to be mailed or picked up by the member.


Publications
Withholding Slip
Designation Of Beneficiary