Non-Participation Policy

A member may have membership privileges revoked for non-participation. Non-participation is based upon any one of the following:

  • The member’s failure to purchase and maintain a share at par value as defined within the Bylaws (currently $5 with 6 months to complete the purchase), or
  • The member’s failure to vote in three (3) consecutive annual credit union elections, or
  • The member maintains only a share at par value and has failed to obtain a loan from, or lend to the Credit Union for a period of at least 6 months. Additionally, the member has not responded to direct communication to become a participating member within 30 days from non-participation notification.