FAQs

Joining Cosden Federal Credit Union is easy. Simply stop in to complete an application. Join by opening a savings account with an initial deposit of $25. Once your savings account is opened, you’ll have immediate access to other financial services that we offer.

Yes. Any member of your immediate family can become members.

To add a member you will need to complete a new signature card which you and the joint member sign where indicated. To remove a joint member, the joint member must complete a form requesting removal from the account, or the account can be closed and a new account established.

To notify us of a change in mailing address, telephone number and/or email address, you can call us or stop by the credit union.

Payroll deduction is an agreement between you and your employer. Completed forms should be returned to the credit union for processing. When changing deductions, remember to indicate the total amount you want deducted from your check and forwarded to your credit union account.

Our Member Service Advisors have all the necessary forms. If you wish, they will be happy to fill them in for you. All you have to do is tell them how you want your money distributed and sign your name. We take care of the rest. Direct Deposit Form

Your check stub from your paycheck is your permanent record. Also with online banking, you can check your balance at any time.

This service is free to all of Cosden Federal Credit Union’s members.

First time borrowers need to complete a loan application. A loan application can be also be obtained through your on-site representative.

You may apply for a loan as soon as you become a member. There are no membership time requirements for loan qualifying.

At Cosden Federal Credit Union, we look at more than just your credit score. There are a variety of determining factors, such as employment history, amount of total debt, credit score, purpose of the loan and your relationship with the credit union that determine loan approval.