Field of Membership
All persons who live, work, worship, or attend school and businesses located in, Tom Green, Schleicher, Runnels, Pecos, Midland, Andrews,Brewster, Coke, Concho, Crane, Crockett, Ector, Glasscock, Irion, Kimble, Loving, Martin, Mason, McCulloch, Menard, Reagan, Sterling, Sutton, Terrell, Upton, Ward and Winkler counties of Texas and members of their immediate families are eligible for membership in 1st Community Federal Credit Union. Businesses, organizations, and other legal entities located in these same counties are also eligible for membership.
The Credit Union philosophy of “Once a member, always a member – regardless of your location or employment status” means you only have to meet the membership qualifications when you “open” your account/membership.
After that it doesn’t matter where you live worldwide, you can still take advantage of the benefits of membership in 1st Community FCU.
How to Join / Become a Member
If your business falls within our “common bond” listed above please contact us at: 325/224-3645 direct, 325/653-1465 or 800/749-1465 and ask for a commercial staff member. To establish membership you need to complete a membership application, provide us with the required company forms and make a minimum $25.00 deposit to a Share (savings) Account and pay a one-time $5.00 non-refundable joining fee. This $25.00 balance must be maintained in the Share (savings) Account for you to take advantage of any of the other 1st Community FCU services.
Why do you have to have a Savings account if all I want is a Checking account or Loan?
The $25.00 minimum deposit to your Share (savings) account makes your business a member/owner of the Credit Union and therefore eligible to take advantage of other products and services the Credit Union offers such as loans or a checking account. This minimum deposit is also known as the par value of a share in the Credit Union and it must be maintained as long as you are a member. If you decide to close your account/membership after at least 90 days the $25.00 will be returned to you.
Can you be a member of more than one credit union?