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WHO OWNS AND CONTROLS OUR CREDIT UNION

Sole ownership and complete control of our Credit Union rests directly with the members. Each member has one vote regardless of the number of shares you may own. Our Credit Union is entirely independent.

All assets belong to the members, and the net earnings are returned to them through the payment of dividends and the build up of reserve accounts for the protection of their investments.

Membership meetings are held each year, and control by members is exercised through annual elections of the Board of Directors. The Board of Directors is responsible for the general direction and control of the affairs of the Credit Union.

The Board of Directors elects officers from among themselves, who become the Executive officers of the Credit Union. These are the Chairman, Vice Chairman, Secretary and Treasurer.

The Supervisory Committee, composed usually of three members, appointed by the Board of Directors, is responsible for the auditing of the credit union books and verifications of member accounts. To accomplish this, they engage the services of an outside auditing firm.

In addition to this, the National Credit Union Administration makes an annual examination and reports on the condition of the Credit Union.

Member Eligibility

Persons who live or work within the boundaries of the Needles Unified School District and members of their immediate family are eligible for membership.

Immediate family is termed to include natural or stepchildren, grandparents, parents, husband, wife, grandchildren, brothers and sisters, whether or not they live with the primary member.

Important: Only those who meet the credit union's eligibility requirements may become members. If you are not sure that you qualify, call toll free 1-(877) 717-DCFCU.

HOW DO I BECOME A MEMBER?

Just come to the Credit Union office to apply, or if you are out of town, e-mail us or call us toll free at 1 (877) 717-DCFCU and application information will be sent to you.