How to Open an Account and Become a Credit Union Member: Step-by-Step Guide

Membership in a credit union has its benefits such as lower charges, reasonable interest rates on loans and more of a focus on the members in the community. McCone County Federal Credit Union is delighted to offer its members the best financial solutions that meet their requirements. If you would like to join our credit union family, here is the process of how to join McCone County Federal Credit Union and the benefits we offer.


Step 1: Check Your Standing for Membership


First of all, be sure that you are eligible to open an account with this or that company. McCone County Federal Credit Union is a credit union of certain populations and people can become members when they reside, work, join a religious institution, or study in these areas. Also, relatives of current members may also be admitted into the group as members of the group.

For more information about eligibility, please visit our website or get in touch with our experts. If you have any questions or need help understanding the requirements for becoming a member, we’re here for you.


Step 2: Gather Required Documents


To open an account, you are required to present some basic documents to ensure that you are qualified for the account. Typically, these documents include:

  • Government-Issued ID: 

These include driver’s license, passport or state ID.

  • Proof of Address: 

This can be a recent utility bill, lease agreement or any other document that shows your current address.

  • Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN): 

It is required for the purpose of tax returns.

  • Eligibility Verification: 

If your eligibility is based on your place of employment, school enrollment, or family relationship, then it is recommended that you bring any proof of the necessity at the time of voting.

It will be easier to open an account if these documents are prepared in advance.


Step 3: Choose the Type of Account You Need


McCone County Federal Credit Union has several types of accounts, and therefore, one needs to consider the goal when opening an account. Some of the popular options include:

  • Savings Accounts: 

This account is mandatory for membership and it identifies your ownership interest in the credit union.

  • Checking Accounts: 

For use in your day to day activities with services such as online and mobile banking, debit card and others.

  • Youth Accounts: 

It is mostly meant for young members so as to assist them develop a proper way of dealing with money.

  • Specialty Savings Accounts: 

Suitable for short-term saving needs such as saving for a holiday, vacation or any form of an emergency fund.

Such a step helps to plan in advance and make the right choice in favor of those accounts that will be really useful.


Step 4: Please fill in the Membership Application


After deciding on the account type you wish to open, the next step is to fill in a membership form. This can be done in writing, at a McCone County Federal Credit Union branch, or in many cases, electronically. The application will require your personal details, name, address, contact details, and the accounts you want to open.

However, our team will be willing to assist you when going through the application if you require any clarification.


Step 5: Make an Initial Deposit


Almost all credit unions, including the McCone County Federal Credit Union, have a provision for an initial deposit in order to join the credit union. This amount may also differ depending on the kind of account in question. Commonly, the first amount to open a savings account is not large—this sum is considered as a member’s share in the credit union.

This deposit is peculiar to credit unions and may be considered as one of the key aspects of the cooperative structure of the institution, in which every client is a co-owner.


Step 6: Start Online and Mobile Banking


If you’re already a member, you may also want to enroll in online and mobile banking once your account is created. McCone County Federal Credit Union offers robust digital tools that allow you to:

  • Monitor Account Activity: 

Check balances and view transaction history.

  • Transfer Funds: 

Move money between accounts or set up automatic transfers to reach your savings goals.

  • Pay Bills: 

Use online bill pay to stay on top of your regular expenses.

  • Deposit Checks: 

With mobile deposit, you can add funds to your account without visiting a branch.

Setting up online banking is an easy and secure way to keep track of your accounts and access essential banking services on the go.


Step 7: Familiarize Yourself with Member Benefits


As a McCone County Federal Credit Union member, you’ll enjoy a variety of benefits designed to help you achieve financial wellness. Some key benefits include:

  • Lower Loan Rates: 

Car owners are usually eligible for some of the best interest rates on auto loans, personal loans, mortgages, etc.

  • Higher Savings Rates: 

Get higher returns on your deposits than you would on most commercial banks.

  • Personalized Financial Guidance: 

This is your team that is ready to give the necessary financial advice to its client with consideration of the individual requirements and aspirations.

  • Community Involvement: 

Since credit unions are based on the community, your participation will help fund projects and services that will improve the community.

These member benefits will help you get the most out of your experience with McCone County Federal Credit Union.


Step 8: To receive ongoing support, please call Member Services.


Once you have registered an account with us, our member services department is always ready to help in any way possible. Whether you want information on how to budget, information on how to apply for a loan, or assistance with other accounts you may require, we will always be there to assist you.

All members are welcome to remain connected and seek our financial help as they progress towards their financial objectives.


Join McCone County Federal Credit Union Now


Applying for an account with McCone County Federal Credit Union is the first step towards the development of a sound financial future with a reliable financial institution. Serving members and the community is always our driving force and a core value in all that we do. When you become a member of McCone County Federal Credit Union, you are more than just opening an account with a financial institution; you are establishing a relationship.

For information on opening an account or becoming a member, please visit our website. McCone County Federal Credit Union is here to assist you to achieve your financial objectives effectively and efficiently.