Who can Join the Credit Union?
Anyone who joins a credit union has to have something in common with the other members. This is called the ‘common bond’ and is part of the legal status of the credit union.
To join Ipswich and Suffolk Credit Union Ltd: must either live, work, study or volunteer inside the boundaries of Suffolk
So you need to be able to assure the credit union of at least one of the following:
· I live in Suffolk;
· I work in Suffolk (full time or part time, permanent or temporary, casual as and when required, paid or unpaid);
· I work outside Suffolk but I do some of my duties in Suffolk;
· I am self-employed and I work in Suffolk;
· I am a volunteer in Suffolk;
· I attend full time or part time education in Suffolk.
There is one other category of membership available. If someone lives in the household of a member of the credit union and are related to him/her, and doesn’t usually qualify to join, they can join.
If you move away from Suffolk or otherwise stop being linked to Suffolk, we might have to ask you to leave – ISCU can have up to 10% of its members who no longer qualify - but if numbers rise, some may have to leave.
When becoming a member you will be required to show proof of your identity. Don't worry we accept much wider range than banks do, but see our ID requirements for more information.
If you are interested in becoming a member click here for details of how to join.