The only requirement for
membership with the IAM Credit Union is that you be a member of an
International Association of Mechanics Union or an immediate family
member of a current IAM Credit Union member. Applications may be
obtained from your union steward, faxed, mailed, or picked up from
the IAM Credit Union, or printed from
this website. After filling out the application, return it to the
IAM Credit Union by fax, mail or in person. You should receive by
mail a new member’s packet that welcomes you to the IAM Credit Union
and lists reminder information on your credit union account.
Deposits can be a minimum
of $5.00 per periodic deduction. There is a minimum of $50.00 required
to keep your account open. Any funds over $50.00 will be available for
withdrawal. Your payroll deductions should start within 1-2 weeks of
applying for membership.
Accounts with the IAM
Credit Union are insured through American Share Insurance up to
$250,000.00 per member account. Click here for information on
the IAM Credit Union’s share insurance. link to
“shareinsurance.pdf”
Click here for
information on the Bank Secrecy Act for the IAM Credit Union. link
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