Membership Eligibility
Any registered member of Maternity B.V.M. Catholic Church, St. George Catholic Church, faculty and staff of Bishop McNamara school system, or an immediate family member of someone who already has an account with Maternity B.V.M. Credit Union.

If I meet the eligibility requirements what is needed to open an account?
You can open a share/savings account with a minimum of $20.00 plus a $1.00 entrance fee. We will need to see two forms of ID (drivers license, state ID, social security card…etc).

If I become a member and were to move away can I still be a member of the credit union?
Yes, and you will retain access to all benefits and services. Our philosophy is “once a member, always a member”.

Is my savings/share account insured?
All deposits are insured by the National Credit Union Administration (NCUA) up to $250,000.00.

Maternity B.V.M. Credit Union’s maximum deposit per member is $100,000.00 (per board policy).

How are dividends paid?
Dividends are paid quarterly (March, June, September, December) and are based on the average daily balance in your account.

How is my loan interest rate determined?
We do not use risk based lending.  All members qualify for the same low rate.

What is the difference between a bank and a credit union.
Credit unions are not for profit. Credit union members share ownership of their credit union and have democratic control. They elect from their membership a volunteer Board of Directors, which appoints the Supervisory Committee and Credit Committee that also serves without pay.  All credit unions have a limited field of membership, meaning its members share something in common, such as where they work, live or worship.

What is the maximum loan amount?
The maximum credit extension is $50,000.00 per qualified member.

Who are the members of the Board of Directors?
David Anderson
Jeanne Balber
Cheryl Burns
Christopher Burns
Robert Lampley Jr.
Lisa Lillis
Marsha Saathoff

Who are the staff members?
Lisa Lillis  –  Dawn Luhman  –  Jeanne Balber – Cheri Boudreau