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Listerhill Credit Union is a nonprofit financial cooperative improving lives in our community.

If you live in Alabama, Georgia, Mississippi, Florida, or Tennessee, you are eligible to become a member. Depending on your individual eligibility, we may require membership into an approved association at no cost to you.

You can also qualify for membership by being a family member of a current or potential Listerhill member.

With only $5, you can join Listerhill today and start taking advantage of a lifetime membership.

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How to Join a Credit Union Through an Association

Associational membership allows Listerhill to serve a larger region.

Editorial Note: Articles published are intended to provide general information and educational content related to personal finance, banking, and credit union services. While we strive to ensure the accuracy and reliability of the information presented, it should not be considered as financial advice and may be revised as needed.

Have you heard about our associational membership offer for members of the American Consumer Council and the Alumni Association of Athens State University?

You no longer need to simply go to school, live, or work in the counties in our existing field of membership. If you’re a member of either of these associations, you’re eligible to join and start taking advantage of Listerhill’s exclusive members-only savings, products, and services.

Whether it’s lower interest rates on loans, higher dividends on savings accounts, or just friendly, convenient customer service, we’re your credit union!

Of course, it isn’t automatic. If you meet our credit union membership requirements by belonging to either the Alabama branch of the American Consumer Council (and living in Alabama, Tennessee, Georgia, or Mississippi) or the ASU Alumni Association, there are still certain steps you need to take to join our credit union.

Here, we’ll guide you through the simple (inexpensive!) process of how to join a credit union, so you can begin reaping all of the rewards and benefits of a membership with us!

First, Make Sure You’re an Association Member

This step may sound obvious, but since you can’t be a credit union member unless you’re an association member, make sure your membership is active with the American Consumer Council or Alumni Association if you already have one.

If you aren’t already an association member, you can join us when you join them, and we’ll even cover the dues for your first year of association membership. Your membership will be initiated at no cost to you, and you don’t have to do anything outside of the normal Listerhill member application process.

About the Associations

The Alabama Consumer Council is a state branch of the American Consumer Council, which describes their state and regional branches’ mission as educating consumers on financial issues and matters, advocating for them when those issues have an impact regionally or locally, and promoting environmentally-friendly practices.

More:Learn more about the American Consumer Council.

For graduates of Athens State University, the Alumni Association helps strengthen the common bond between alumni as well as with current students at the university, through supporting on-campus events, scholarships, and projects.

More:Learn more about the Athens State University Alumni Association.

How to Join a Credit Union

Once you’ve established eligibility in the Alabama branch of the American Consumer Council or the ASU Alumni Association, you’ve established your Listerhill eligibility. That means it’s time to join!

We’ve made joining as convenient as possible, whether you want to apply in-person at one of our accessible branch locations, or from wherever, using our easy online application.

If you’re applying online, first you’ll select a Listerhill product in which you’re interested. This can be an account, such as a savings or checking account, a loan, credit card, or certificate of deposit (CD).

Next, you’ll indicate that you are a new member, as well as your eligibility criteria. You’ll fill out your name and email information. After you’ve completed the application, a simple deposit as low as $5 is all you need and you’re off and running.

Additional Listerhill Advantages

Once you’re a full-fledged Listerhill member, your family members are eligible to join, too! But that’s really only the beginning. You’ll also be part of a financial institution that cares about more than profit.

As a member-owned nonprofit, we have deep roots in the communities where our members live and work, from providing financial education to our members, to our employees volunteering their time and talent, to offering sponsorships, donations, and scholarships in schools and elsewhere.

More:Learn about Listerhill's community contribution opportunities.

Want to Learn More About How to Join a Credit Union?

Credit unions are a great way to grow your money where it will do the most good – a community of people who share your interests, whether it’s because you live and work in the same community, or because you care about the same things.

Because they are member-owned and not-for-profit, credit unions can help you save and thrive financially, because they invest in their members.

More:Learn more about our community and join us.

Other Relevant Posts

More:4 Ways to Be Eligible for Credit Union Membership

More:What You Should Know About Listerhill's New Associational Membership

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Frequently Asked Questions

  • What happens when federally insured credit unions merge?

    If a member has accounts in credit union A and credit union B, and credit union A merges into credit union B, accounts of credit union A continue to be insured separately from the share deposits of credit union B for six months after the date of the merger or, in the case of a share certificate, the earliest maturity date after the six-month period. In the case of a share certificate that matures within the six-month grace period that is renewed at the same dollar amount, either with or without accrued dividends having been added to the principal amount, and for the same term as the original share certificate, the separate insurance applies to the renewed share certificate until the first maturity date after the six-month period. A share certificate that matures within the six-month grace period that is renewed on any other basis, or that is not renewed, is separately insured only until the end of the six-month grace period.

  • What happens if a federally insured credit union is liquidated?

    The NCUA would either transfer the insured member's account to another federally insured credit union or give the federally insured member a check equal to their insured account balance. This includes the principal and posted dividends through the date of the credit union's liquidation, up to the insurance limit.

  • If a credit union is liquidated, what is the timeframe for payout of the funds that are insured if the credit union cannot be acquired by another credit union?

    Federal law requires the NCUA to make payments of insured accounts "as soon as possible" upon the failure of a federally insured credit union. While every credit union failure is unique, there are standard policies and procedures that the NCUA follows in making share insurance payments. Historically, insured funds are available to members within just a few days after the closure of an insured credit union.

  • What happens to members with uninsured shares?

    Members who have uninsured shares may recover a portion of their uninsured shares, but there is no guarantee that they will recover any more than the insured amount. The amount of uninsured shares they may receive, if any, is based on the recovery of the failed credit union's assets. Depending on the quality and value of these assets, it may take several years to conclude recovery on all the assets. As recoveries are made, uninsured account holders may receive periodic payments on their uninsured shares claim.

  • What happens to my direct deposits if a federally insured credit union is liquidated?

    If a liquidated credit union is acquired by another federally insured credit union, all direct deposits, including Social Security checks or paychecks delivered electronically, will be automatically deposited into your account at the assuming credit union. If the NCUA cannot find an acquirer for the liquidated credit union, the NCUA will advise members to make new arrangements.