Regular accounts:
Must be at least 14 years of age
Membership established for 90 days
Member must be in “Good Standing” (not overdrawn, not dormant, and not past due on loans) for more than 30 days.
Consistent deposit activity on the account within last 90 days (averaging one deposit a month).
Member may only have a Share Account to apply BUT must pass/approve in ChexSystems for a Draft Account. If it has been longer than 90 days since the last ChexSystems report was pulled, you must run it again.
Joint Owners MUST pass ChexSystems, as well, for RDC Approval. If it has been longer than 90 days since the last ChexSystems report was pulled, you must run it again.
Business accounts:
Authorized Signer must be at least 14 years of age
Membership established for 90 days
Business must be in “Good Standing” (not overdrawn, not dormant, and not past due on loans) for more than 30 days.
Consistent deposit activity on the account within last 90 days (averaging one deposit a month).
usiness accounts may only have a Share Account to apply BUT all owners and authorized signers must pass/approve in ChexSystems for a Draft Account. If it has been longer than 90 days since the last ChexSystems report was pulled, you must run it again.