Credit unions are not-for-profit organizations that exist to serve their members. Like banks, credit unions accept deposits, make loans and provide a wide array of other financial services. But as member-owned and cooperative institutions, credit unions provide a safe place to save and borrow at reasonable rates. What people are unaware of is that joining a credit union is easier than they think. The misconception people tend to have is that credit unions require members to meet strict criteria or pay high membership fees, but in many cases, it can be easy and cost-effective to join a credit union. Here at HustlerMoneyBlog, we have reviewed numerous credit unions across the country and complied a list of credit unions that anyone can join! So whether you are looking for reduced fees, higher savings rates or lower loan rates, click on our detailed reviews below and find the right credit union to meet your banking needs!

Ways To Join A Credit Union:

Members of a credit union share a common bond, also known as the credit union’s field of membership. When credit unions first started, common bonds typically involved employers. This expanded to include community bonds in which anyone who lives or works in an area can qualify. Now many credit unions have fields of membership that include members of associations, and those associations can often be joined by anyone. See below of typical eligibility requirements to join:

• Employers – Many employers sponsor their own credit unions
• Family – Family Family Most credit unions allow members’ families to join
• Geographic Location – Many credit unions serve anyone that lives, works, worships or attends school in a particular geographic area
• Membership In a Group – Membership in a group, such as a place of worship, school, labor union or homeowner’s association may qualify you to join
• Anyone can join – Make certain amount of donation to a specific organization or join certain association that’s in the Credit Union’s Field of Membership list

Why Join A Credit Union:

If you are currently in the market looking for banking products that offer an attractive rates, you could consider joining a credit union that’s not in your city is to take advantage of competitive banking products that they have to offer. Many of these credit unions have online applications which make it easy for new members to join. Also, the credit unions’ online banking can make managing accounts easy without having to visit an actual branch. However, if you do need to visit a branch, many belong to the shared branch network which allows you to conduct many banking transactions at any credit union in the network as if it were your own. If you happened to know a credit union that anyone can join that’s not on our list, feel free to drop us a line below and we’ll update our list. Also, don’t forget to check out our full list of Bank Bonuses nationwide for your chance to earn some cash bonuses!