The Difference of MembershipBecoming a credit union member may be easier than you think! For more information on membership with Valley First Credit Union, simply visit a branch near you, call Member Service at (209) 549-8500 or Toll Free at (877) 549-4567, or visit our Become a Member page to check eligibility.
What is a Credit Union?
A credit union is a not-for-profit financial institution/cooperative that is owned and controlled by it's members in the communities they serve. A credit union's member deposits are insured by the NCUA up to at least $250,000. The National Credit Union Administration (NCUA) is an agency of the federal government which insures member deposits at over 8,000 credit unions nationwide - much the same as the Federal Deposit Insurance Corporation (FDIC) insures banks. A Credit unions' focus on serving their members helps to keep interest rates on deposits higher, and loan rates and fees lower. In addition, a nationwide system of 25,000 surcharge-free ATMs make credit unions convenient and accessible to everyone. There are nearly ten million members in California and Nevada and more than 90 million nationwide.