FAQ Category: Membership Share
Credit unions are cooperatives of members who are also owners of the credit union. This...
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What is the cost of a Membership Share?
The cost of a Membership Share is $5.00. This amount is established in UECU’s Articles...
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What changes did UECU make to my Membership Share?
Previously, to assist you in maintaining your Membership Share UECU required a minimum balance of...
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Do I have access to my Membership Share balance of $5.00?
No. Your Membership Share balance of $5.00 will be on hold as long as you...
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Do I earn dividends on my Membership Share balance of $5.00?
Yes. You earn dividends on your Membership Share balance.
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If there are multiple owners of a member account will there be more than one Membership Share held in the Share Account?
Yes. There may be multiple Membership Shares held in one Share Account. This will depend...
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I have multiple Share Accounts; can I change which Share Account holds my Membership Share?
Yes, you can change which Share Account holds your Membership Share by calling us at...
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Is my Membership Share visible in online banking, mobile banking, or on my account statement?
Yes. The $5.00 balance of your Membership Share will be included in the Share Account...
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What happens if I close my individual UECU member account that is holding my Membership Share and I have no other open member accounts?
If you are the sole owner of an individual member account and you have no...
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What happens if I close an individual UECU member account that is holding my Membership Share and I have other open member accounts?
If you close a Share Account that is holding your Membership Share, UECU will automatically...
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What happens to my Membership Share if I close a UECU member account with multiple owners?
Your Membership Share may be held in a Share Account with multiple owners and all...
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Who should I contact if I have questions about my Membership Share?
Please call 800.288.6423 with any questions.
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