We Value Your Membership
The Florida A&M University Federal Credit Union takes pride in its field of membership. Our members are comprised of many people who care about their credit union. The members are the credit union. Members Helping Members are what we are all about. Members formed this credit union in 1935 with the sole purpose of providing financial services to the employees of Florida A&M University. Today, we have expanded our field of membership to include church groups, alumni, postal workers, other organizations, and the immediate family of members.
Throughout the years, FAMU Federal Credit Union has strived to meet its members' needs by increasing services. We want our members to know that member service is key to our daily operation and to the continued success of the credit union.
Members are eligible for many services free-of-charge since we are a not-for-profit organization. Members receive dividends for deposits and, in many instances, lower interest rates on loans.
Membership Eligibility
Approved by the National Credit Union Administration and the Board of Directors of the FAMU Federal Credit Union
- Employees of the Florida A&M University
- Employees of Gourmet Food Services at FAMU (Marcorp/Sodexho)
- Members of the Bethel Missionary Baptist Church
- Members of the Tabernacle Missionary Baptist Church
- Leon County United Black Postal Workers
- Tallahassee Branch of the National Association for the Advancement of Colored People (NAACP)
- Greater Tallahassee Alliance of Black School Educators
- Jerusalem Missionary Baptist Church of Tallahassee
- Members of the FAMU National Alumni, to include the Capital City Chamber of Commerce
- Relatives of the above mentioned groups are eligible for membership. Relatives include spouse, children, parents, sisters, brothers, grandparents, and grandchildren. Note: FAMU Federal Credit Union reserves the right to require proof of relationship
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How to Join
- Request a membership package. Contact our Member Services Department to receive our membership package.
- Provide proof of membership eligibility (as described above).
- Membership fee and minimum deposit. A one-time membership fee of $5.00 and a minimum deposit $50.00 of to open a share (savings) account. Your share (savings) account may be opened with as little as $10.00 -- a one-time $5.00 membership fee and an initial $5.00 savings deposit. However, full membership privileges will not be available to you until your savings account has reached the $50.00 minimum.
To open a share draft (checking account), an additional minimum deposit of $25.00 is required.
If you wish to receive loan services privileges, a minimum pledge of $200.00 must be maintained in your savings account.
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Our Employees
Our employees are dedicated to the mission of the credit union and its success. The staff takes pride in providing member service through "EXCELLENCE."
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Our Board
The FAMU FCU Board of Directors is comprised of volunteers who are non-compensated and have committed their time and efforts to ensuring that the Credit Union's mission is met. Through their leadership and direction, FAMU Federal Credit Union has made a tremendous impact throughout the surrounding communities.
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