Montgomery County EFCU
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The Benefits of Credit Union Membership

As a credit union member you are not just a customer, you are an owner. The million of Americans who are credit union members belong to an institution that is unique in the financial world. While credit unions offer similar services as banks, certain features are unique to credit unions.

  • Cooperative: No one person or organization owns a credit union. It is owned and governed by its members. As a cooperative, it exists solely to provide members with affordable, convenient financial services. Other financial institutions, such as banks are not cooperatives, don't have members and are owned by individuals or corporate stockholders who may or may not also be the bank's customers.
  • Not-For-Profit: As member-owned cooperatives, credit union earnings, not held as reserves, are returned to members in the form of higher dividend rates, lower loan rates, lower and fewer fees and investment into new products and services.
  • Volunteer Driven: The active involvement of member-owners is the cornerstone of the credit union philosophy. A credit union's policy-making Board of Directors and many of its committees are made up of individuals elected by the members - all of them unpaid. Credit union member-owners have a direct say in the workings of their cooperative because each member has a vote.

Online Application

The easiest way to join MC EFCU, or to see if you are eligible to join, is to use our online application. Click on the button on the top right to navigate through short questions which will collect your information, verify your identity and let you inow if the applicaiton has been approved or, in some cases, require additional information.

Paper Application

if you decide you would like to visit one of our branches to become a member, you may want to speed up the operation by:

  • determine that you are eligible to join MCEFCU
  • come into either of our branches and let one of member service representatives assist you in completing your membership.
  • If you would like to speed up the process, print and complete the membership application ahead of time.


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