Becoming a Member/Owner
HOW CAN YOU BECOME A MEMBER/OWNER?
If you live, work, worship or attend school in Mobile, Baldwin, Washington, Clarke, Monroe or Escambia counties, in Alabama you are eligible for membership at New Horizons Credit Union. You can also join New Horizons Credit Union if you are related to a current member or if you work for a "member company".
If you have any questions about your eligibility, please contact us at (251) 316-3240 or (800) 824-3610. Or, you can stop by one of our branches and speak with one of our Member Service Representatives.
ONCE A MEMBER, ALWAYS A MEMBER
As long as your Credit Union account remains open, you remain eligible for membership, for life. If you are already a member, encourage your family, friends and co-workers to join so they can share in the benefits of membership, contributing to the Credit Union’s strength, which benefits us all.
Credit unions are true not-for-profit cooperatives. This means that every member is automatically an owner, and ownership has its advantages. This includes lower loan rates, higher savings, and reduced or no fees for services.
Unlike other financial institutions that are owned and operated by stockholders with the objective of making a profit, credit unions are not-for-profit cooperatives operated by a volunteer Board of Directors. The Board of Directors is elected by the members, and each member, regardless of the amount of his deposits, has one vote in the election.
Your deposits are insured up to $250,000.00 by the National Credit Union Administration. IRA´s are insured separately and are also protected up to $250,000.00
READY TO BECOME A MEMBER?
We have made becoming a member as easy as possible. Just take a few minutes to fill out our online membership application to get started.