If your family member or coworker joins TCU as a new eMember, we’ll pay the $5 membership deposit into their account for them, and no minimum deposit is needed. (A $5 fee and $50 minimum deposit used to be required.)
This is a great way for new members to try the credit union without spending a cent! When the time comes, they can save big on a car loan, mortgage, or other loan. But they can’t save if they don’t join!
So what’s the catch? Well, eMembers must sign up for eStatements (which is a smart and green thing to do anyway). If they don’t, the old membership rules still apply. They won’t get the $5 membership fee deposited for them. Also, if their balance is below $50, a $2 fee will be charged for each monthly or quarterly paper statement.