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Empowerment Community Development FCU

Frequently Asked Questions

Q. How do I become a member of Empowerment Community Development Federal Credit Union?
A. To become a member of the credit union, fill out a membership form and return it along with a copy of a government issued picture ID (Driver License, State ID Card or Military ID) and a copy of your Social Security Card. You must open a share (savings) account with a minimum of $25 initial deposit. To remain a member, you must maintain a $25 balance in your account and demonstrate regular activity. You will have access to all of our services once you open your share (savings) account.

Q. How long do I have to be a member before I can apply for a loan?
A. You may apply for a loan as soon as you become a member. There are no membership time requirements for loan qualifying.

Q. How do I add/remove a joint member to/from my account?
A. To add a member you will need to complete a new signature card, which you and the joint member sign where indicated. To remove a joint member, all joint members of the account need to agree to the removal, or the account can be closed and remaining joint members may open a new account.

Q. How do I change my payroll deduction?
A. Payroll deduction is an agreement between you and your employer. Payroll deduction change forms are available from your employer and should be filed with them. When changing deductions, remember to indicated the total amount you want deducted from your check and forwarded to the credit union.

Direct Deposit Questions

Q. Why should I use Direct Deposit?

  • Safe – Your paycheck is protected against loss or theft.
  • Worry-free – Now you can be assured that your check is deposited, even when you're away from home.
  • Saves time – You no longer have to make special trips to the credit union or stand in long lines on payday.
  • Convenient – No more waiting for the mailman. Your deposits will be made for you automatically, allowing you to set your own timetable for getting cash.

Q. How do I apply?
A. Our Member Service Representatives have all the necessary forms. If you wish, they will be happy to fill them in for you. All you have to do is tell them how you want your money distributed and sign your name. ECDFCU will take care of everything else. Click here to obtain the Direct Deposit form online.

Q. How will I be able to keep track of my money?
A. Your check stub from your paycheck is your permanent record.

Q. Is there a charge for this service?
A. This service is free to all participating ECDFCU members.