Communitywide Federal Credit Union

I wanted to let my fellow DA readers know that you are unable to join this credit union unless you own a smartphone. Sounds incredible, doesn't it? I called the credit union to explain that I do not own a smartphone and asked if there was any way I could complete the online application without one. The CSR stated that you must have a smartphone so they can take a picture of you to verify your identity. I offered to provide copies of my driver's license and other identification via email or regular mail but that is not acceptable. She did suggest I borrow someone's smartphone to which I replied I didn't want to involve someone else in my financial affairs. They need to provide alternate methods for completing their online application. Their short-sighted policy just cost them a depositor.

CommunityWide Federal Credit Union (easy membership) has increased rates on its 6-, 12-, and 24-month Share Certificates. $1k minimum opening deposit.

Communitywide's three savings products have rate increases to start the month/quarter. The regular savings is now 0.4%; the Funds (allowing penaly-free withdrawal only during the first few days of the month) is now 0.6%; and the High Rate (withdrawal only during the first few days of the quarter) is now 0.8%.