Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Thanks To Mary And All For The Discussion On Credit Union Membership

Saturday, May 15, 2010 - 6:37 PM
Thanks to Mary and all for the discussion on credit union membership, and the remote possibility that it might be used as a loophole by insurance organizations -- including the NCUA -- to deny claims.

It seems like a good idea, then, to make sure we have written documentation in our files which verifies that we are legitimate members, for example:

(1) a printout from the credit union’s website of the eligibility requirements at the time we joined, and

(2) a receipt of some sort showing our association with the particular organization which made us eligible.
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,957