9/14/2023 0 Comments Usc credit union safe deposit box![]() ![]() A Community Partner may include a Depository Institution Holding Company, an Insured Depository Institution, an Insured Credit Union, a State-Insured Credit Union, a non-profit or for-profit organization, a State or local government entity, a quasi-government entity, or an investment company authorized pursuant to the Small Business Investment Act of 1958 ( 15 U.S.C. 4704– 4707) and implemented under this part Ĭommunity Facility means a facility where health care, childcare, educational, cultural, or social services are provided Ĭommunity-Governed means an entity in which the residents of an Investment Area(s) or members of a Targeted Population(s) represent greater than 50 percent of the governing body Ĭommunity-Owned means an entity in which the residents of an Investment Area(s) or members of a Targeted Population(s) have an aggregate ownership interest of greater than 50 percent Ĭommunity Partner means a person (other than an individual) that provides loans, Equity Investments, or Development Services and enters into a Community Partnership with an Applicant or a Recipient. 4703(a)) of the Act Ĭommunity Development Financial Institution Intermediary (or CDFI Intermediary) means an entity that meets the CDFI Program eligibility requirements described in § 1805.200 and whose primary business activity is the provision of Financial Products to CDFIs and/or emerging CDFIs Ĭommunity Development Financial Institutions Program (or CDFI Program) means the program authorized by sections 105–108 of the Act ( 12 U.S.C. 1813(q)), and includes, with respect to Insured Credit Unions, the National Credit Union Administration Īppropriate State Agency means an agency or instrumentality of a State that regulates and/or insures the member accounts of a State-Insured Credit Union Īssistance Agreement means a formal agreement between the CDFI Fund and a Recipient, which agreement specifies the terms and conditions of assistance under this part Ĭommunity Development Financial Institution (or CDFI) means an entity currently meeting the requirements described in § 1805.201 Ĭommunity Development Financial Institutions Fund (or CDFI Fund) means the Community Development Financial Institutions Fund established pursuant to section 104(a) ( 12 U.S.C. 4701 et se.) Īffiliate means any company or entity that Controls, is Controlled by, or is under common Control with another company Īpplicant means any entity submitting an application for CDFI Program assistance or funding under this part Īppropriate Federal Banking Agency has the same meaning as in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. Not sure if you are eligible to join USCCU? See our eligibility requirements.For the purpose of this part, the following terms shall have the following definitions:Īct means the Community Development Banking and Financial Institutions Act of 1994, as amended ( 12 U.S.C. You can also mail us your opening deposit by sending a check or money order.įor new members, if you mail in a check or money order, it must be after the account has been opened. You can compare checking accounts to see which account is right for you!Īpply online and make your opening deposit electronically or visit us at one of our branches. Trojan Checking accounts require a $2,500 minimum deposit. ![]() Gold Checking accounts require a $750 minimum deposit.Cardinal Checking accounts require a $25 minimum deposit.Student Checking accounts do not require a minimum deposit.We require an opening deposit of at least $10 to join our credit union ($1 minimum deposit plus a $9 one-time membership fee). ![]() We offer several easy ways to join our credit union. The difference is that the NCUA covers regular shares and share draft accounts which are specific to credit unions and the $250,000 coverage limit applies to total deposits at a single institution. Both institutions insure accounts up to $250,000. Unlike Banks and Trusts which are insured by the FDIC is centered around Banks and Trusts, credit unions are insured by the National Credit Union Administration (NCUA) instead. ![]()
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