Membership

Membership in Carolina Cooperative Federal Credit Union is quite diverse

What exactly is a Credit Union? Like a Bank right?

At Carolina Cooperative we don’t really like the B word, because just like our slogan we are “different”.
Whereas a bank is a business with the goal of maximizing shareholder wealth, a Credit Union is a not-for-profit member owned cooperative that exists solely for the benefit of its membership. This also means we do not have customers; we have members.  

Employees or anyone drawing income from many different Select Employee Groups (SEG's) are eligible for membership. Individuals can also join our credit union if they live, work, worship or study in the majority of Gaston County! Members of the North Carolina Consumers Council are also eligible to join our credit union.

Family of our members may also become part of our credit union family. Family is defined as spouse, child, sibling, parent, grandparent or grandchild. Immediate family member includes stepparents, stepchildren, step-siblings and adoptive relationships.

Household is defined as persons living in the same residence maintaining a single economic unit.

We adhere to the policy "once a member, always a member".