How To Join


Most everyone has access to a credit union, and find them to have better rates on loans and deposits than most commercial, for-profit banks and financial institutions. 

The Ohio and U.S. governments understand how credit unions provide value and competition for financial services, so they have made credit union membership and services more widely available. 

This credit union, Wayne County Community Federal Credit Union, is chartered to serve anyone who lives, works, worships or attends school in Wayne County, Ohio.  

Immediate family members (sibling, parent, child or spouse) of a present Wayne County Community Federal Credit Union member are also eligible for our services.

Two forms of identification are required, and one needs to be a government-issued identification with a photo (such as a driver's license) and the other may be a card or form listing your name (such as a credit card). If your current address does not match the identification provided, alternate address verification is required, such as a recent utility bill with the proper address.   

A regular Account Membership is free, and we require only a $25 initial deposit to open your savings account. Members are required to have a savings account with at least $25 in the savings account at all times to receive a dividend. (This is your "membership" share, and entitles you to the benefits of the credit union.)

If you choose to open another deposit account, such as a Share Draft (more commonly known as a Checking Account), there is a $25 initial deposit required. To open an account, please stop into either of our offices. Proper identification is required. A valid government-issued picture identification is needed (usually a driver's license works well), and one or more other forms of identification (credit card or utility bill in your name) is needed. We will also need your Social Security number, or equivalent. Presently, we do not open new accounts online.

Back in 1966, the credit union was chartered as the Wayne County School Employees Federal Credit Union. However in 2001, the name was changed to the present name to reflect a charter expansion to serve all who live, work, worship or attend school in Wayne County. 

Important Information About Procedures for Opening a New Account: 

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all 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 driver's license or other identifying documents.

Member Savings:

Credit unions passed along $8.5 Billion in savings to members and communities in 2015 alone. (This is from direct savings to members from better rates and lower fees, as well as keeping competitive pressure on the "for-profit" financial services.
(Source: Filene Institute). 

So what is the "reward" or advantage of our services? Wayne County Community Federal Credit Union is a local financial institution, founded to provide the residents and workers of Wayne County with not-for-profit options for their financial services. By our charter, we give back any "profits" in the form of lower fees and better rates for services we offer. The reward is a friendly voice on the phone, or the warm smile in the office from someone who lives and is invested in this county and this community. The reward is doing business with people who focus on your needs, and not focused on lining the pockets of big-money shareholders in other cities. It's a reward that you can see and feel every day.