Credit Union 1

#3381E2

Being a member of a credit union is not like opening an account at the usual bank. Become a member owner of Credit Union 1 today. Better banking for all of us.

Credit Union 1: Innovative Financial Solutions | Credit Union 1 | Free Checking Account

Applying is quick and easy! To apply, you must:<ul><li>Be a legal US resident</li><li>Have a Social Secuity number</li><li>Have a Government Issued ID*</li></ul>

<div class='f-3'>*Acceptable Government Issued IDs: Driver's License, State ID Card, Passport, or Permanent Resident Card.</div>

Sign up Now!

Please enter the six-digit code that was sent to your email address.

Check Your Email for a Private Verification Code.

Our standard checking account, made for members who want to bank anytime, anywhere without hidden fees.

Free Checking

Let’s start with your name.

Mobile Phone Number

We'll contact you with important information about your application. Your phone number will never be shared with anyone.

How can we get in touch with you?

Please check the box if you have an alternate mailing address.

We use this information to verify you are who you say you are. Your information is always kept private and will never be shared with anyone. This information is protected by 256-bit SSL Encryption.

Street Address

Apartment Number (Optional)

City

State

Zip Code

What’s your home address?

What’s your mailing address?

This information is protected by 256-bit SSL Encryption, and is required by the federal government to verify your joint applicant’s identity and to provide interest income reporting. This information is always kept private and will never be shared with anyone.

Okay, now let’s verify your identity.

ID verification will be done securely with a third party, and only takes a few minutes. This important step helps us secure your information and creates a more trusted platform for all our customers.

Sorry, verification could not be completed. Please continue. Your ID will be verified later.

Have one of the following forms of ID ready; you will need it in a few seconds.<ul><li>Driver’s license</li><li>State ID</li><li>U.S. Passport</li></ul>When you click on one of the verification options, you will be taken to our ID partner. We’ll see you back here soon.

Here are a couple of tips to make this a smooth, easy process:<ul><li>Make sure the name on your ID document is an exact match to what you provided in your application.</li><li>In just a minute, you will use a web camera. If the device you’re on doesn’t have one, we’ve got you covered - you can use your mobile phone as well.</li></ul>

Would you like to add a joint applicant with access to this account?

We have just a few questions about your joint applicant so we can add them to your application.

Great! Let’s collect information about your joint applicant.

Check this box to use the same address as the primary applicant.

Let us know how we can get in touch with your joint applicant in case we need to.

Next, what is your joint applicant’s contact information?

We use this information to verify your joint applicant is who you say they are. This information is always kept private and will never be shared with anyone. This information is protected by 256-bit SSL Encryption.

What’s their home address?

Let’s verify your joint applicant’s identity.

I agree to join the CU1EDA (and have CU1 make the one-time $5 donation on my behalf)

Voting in CU1 Meetings I hereby appoint the members of the Board of Directors of Credit Union 1, as proxies to cast all votes I am entitled to cast for the election of directors, mergers and any matter with regard to which credit union members are entitled to vote by proxy, as the majority of the directors sees fit, at all annual or special meetings of the members of Credit Union 1 hereafter held and any adjournment thereof, from time to time and year to year, until and unless this proxy is cancelled by me. I hereby authorize said proxies to designate a person or committee to cast the vote or votes of me in such manner and for such candidates as the proxy shall determine, hereby ratifying whatever said proxies may do. Please check if you would like the Board of Directors to vote as your proxy on all issues allowed by the Illinois Credit Union act, if unable to personally cast a vote.

By checking this box, I acknowledge and confirm that:<ol><li>Legal Authority: I am the parent or legal guardian of the minor identified in the application ("the Minor") and have the legal authority to open and manage an account on their behalf.</li><li>Account Ownership: I understand that this account is being opened solely for the benefit of the Minor. All assets, transactions, and activities associated with the account will be attributed to the Minor, although I will act as the account’s authorized representative.</li><li>Responsibility: I assume full responsibility for the management of this account, including ensuring compliance with all applicable laws, terms, and conditions.</li><li>Accuracy of Information: I confirm that the information provided for both the Minor and myself is accurate and complete to the best of my knowledge. I agree to notify the company immediately of any changes in the Minor’s or my personal information that may impact the account.</li><li>Financial and Legal Implications: I understand that I will be responsible for any fees, charges, or obligations incurred by the account even after the Minor reaches the age of majority or the account is closed.</li><li>Transfer of Control: I acknowledge that once the Minor reaches the age of majority (or as specified by law), control over the account may be transferred to the Minor, and the Minor will become equally responsible for the account. To be removed from the account after the Minor reaches the age of majority, I understand I must contact the credit union directly to be removed from the account.</li><li>Indemnification: I agree to indemnify and hold harmless the credit union from any claims, damages, or liabilities that may arise from the management or operation of this account.</li><li>Consent to Terms and Conditions: By signing, I agree to the terms and conditions governing this account and acknowledge that I have read, understood, and accepted the credit union’s policies and guidelines.</li></ol>

Eligibility You are eligible to become a member of Credit Union 1 if you join the Credit Union 1 Educational Development Association with a one-time $5 donation that Credit Union 1 will make on your behalf.

Membership at Credit Union 1

I authorize the above funds to be withdrawn from my account. I understand that bank transfers can take several business days to be completed.

Along with your Free Checking account, a Primary Savings account will be opened on your behalf which establishes your membership with CU1. A minimum deposit of 5$ into your Primary Savings is required to setup your account numbers, online banking access, and more.

How much would you like to deposit into your new account?

Each new account requires a minimum deposit of $5 to setup your account numbers, online banking access, and more. You’ll see your opening deposit posted to the account within 2-3 business days after your application is approved.

How would you like to fund your new account?

Log in to your existing bank to fund your new checking account.

Your account setup is not complete until you make your first deposit. Link your current bank account so we can wirelessly transfer funds as soon as your new account is opened.

By clicking "Link Account", you agree to our partner Plaid’s <a href="https://plaid.com/legal/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://plaid.com/legal/#consumers" target="_blank">Privacy Policy</a>.

Let’s link your bank account.

Please provide your bank’s account and routing number so we can initiate the ACH transfer to fund your new account with us.

Enter your bank account details.

Please review our <a target="_blank" rel="noopener noreferrer" href="https://www.creditunion1.org/media/up1b32qh/e-statement_disclosure.pdf">estatement disclosures</a> for me details.

Let's finish setting up your account.

Please review your submission details and send it when you are ready! By clicking the "SUBMIT APPLICATION" button, you promise that everything you have stated in this application is true and correct to the best of your knowledge.

Legal Agreements Please finish your application by carefully reviewing the following legal information. By clicking "Agree &amp; Submit" you are attesting that you have received, read, and agree to each agreement. You acknowledge you are aware that the Membership and Account Agreement includes, amongst other things, a Mandatory Arbitration Clause. <ul><li><a target="_blank" rel="noopener noreferrer" href="https://www.creditunion1.org/media/pd4hx42e/membership-and-account-agreement-combined-2023.pdf ">Membership and Account Agreement</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.creditunion1.org/media/up1b32qh/e-statement_disclosure.pdf">E-Sign Disclosure and Consent Agreement</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.creditunion1.org/media/1unhwemc/credit_union_1_educational_development_association_disclosure.pdf">Educational Development Association Disclosure</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.creditunion1.org/media/ij0fwa5q/fee_schedule-consumer.pdf">Fee Schedules</a></li><li><a target="_blank" rel="noopener noreferrer nofollow" href="https://www.creditunion1.org/rates/savings--checking-account/">Rates</a></li><li><a target="_blank" rel="noopener noreferrer nofollow" href="https://www.creditunion1.org/website-terms-of-use/">Terms of Use</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.creditunion1.org/media/l3ibthbc/federal_privacy_policy.pdf ">Privacy Policy</a></li></ul> I also certify under penalty of perjury that: I authorize Credit Union 1 to perform an Electronic Funds Transfer (EFT) withdrawal from the specified external account(s) for the initial funding of the account. I understand and agree that CU1 may charge my account(s) a fee for an EFT withdrawal that is returned upaid for any reason. I certify I am an authorized signer on the identified account(s). By joining CU1EDA, I understand that Credit Union 1 will share my name and contact information with CU1EDA and pay the $5 membership fee to CU1EDA on my behalf. You agree to maintain at least one share ($5.00) at CU1. USA Patriot Act - To help the government fight the funding of terrorism and money laundering activities, federal law requires all US financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your identifying documents. Please print and or save a copy of these documents for your records. By clicking "AGREE &amp; SUBMIT" I have read and agree to the site terms and disclosures.

Free Checking

Our standard checking account, made for members who want to bank anytime, anywhere without hidden fees.

Applying is quick and easy! To apply, you must:Be a legal US residentHave a Social Secuity numberHave a Government Issued ID*

Applying is quick and easy! To apply, you must:
Be a legal US resident
Have a Social Secuity number
Have a Government Issued ID^*