Membership

Becoming a member of Business and Industrial Federal Credit Union means that you are becoming an owner of the credit union. Every year the credit union has an Annual Meeting at which the members elect a board of directors. The board of directors represent members' views and interests throughout the year and help direct credit union activities according to the law.

Effective June 15, 2004, Business & Industrial became a community credit union. Business and Industrial has proudly been serving members since 1960, and is now able to offer this same outstanding, personalized service to those individuals who meet any of the following:

Live, work, worship or attend school in, and businesses and other legal entities located in Bartholomew, Jennings and Jefferson counties in Indiana
Members of this credit union as of June 15, 2004
Spouses of persons who died while within the field of membership of this credit union
Volunteers in the community
Members of the immediate family or household
Employees of this credit union and
Organizations of such persons.

"Once a member, always a member". To begin your credit union experience, complete our secure online application. Once received, a credit union employee will contact you for further details. ( See identification requirements below) membership application

Becoming a Member
After your membership application has been approved by the credit union an account of at least $5.00 must be established and maintained. To earn the annual percentage yield, an average daily balance of $50.00 must be maintained. If your account is inactive for a period of six or more months you will be assessed a fee of $15.00 every six months. Quarterly statements are mailed to all members to help with accurate record keeping of your account. These statements should be retained for general information and also for tax purposes.

IDENTIFICATION

Acceptable forms of Government-issued identification are:

State issued I.D. card (Issued by the Bureau of Motor Vehicles)

State issued driver's license

Passport with recent photo

Birth Certificate when accompanied by another form of photo I.D.

Military entry papers/Military Photo I.D.

Social Security card accompanied by another form of photo I.D.

U.S. Immigration and Naturalization Service Permanent Resident Card

Mexican Consulate photo I.D. card

"IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, physical address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents."

E-mail us with questions or comments!