Become a Member

Who Can Become a Member?

You can apply for membership at East River Federal Credit Union if you meet any of the following eligibility requirements:

  • Lake County – persons who live, work, worship or attend school in, and businesses and other legal entities located in Lake County, South Dakota.
  • Miner County – persons who live, work, worship or attend school in, and businesses and other legal entities located in Miner County, South Dakota.
  • The immediate family members of current and potential East River Federal Credit Union members. Immediate family members include:
    • Spouse
    • Children
    • Parents
    • Siblings
    • Grandparents
    • Adoptive Parents, Children, Grandparents, and Siblings

"Once a Member, always a Member." Once a person joins the Credit Union, he/she may remain a Member for life, simply by maintaining your share (savings) account minimum balance. If you change jobs, retire, or move away, you still retain all privileges of membership!

How to Become a Member?

Membership in federal credit unions is limited to persons sharing a "common bond". The idea of a common bond is part of a basic philosophy behind credit unions: bring together people of similar circumstances to meet their financial goals. To join a credit union, a potential member must first be eligible under the common bond provisions and submit a membership application.

Those who meet the eligibility requirements may join the Credit Union. You can establish membership by simply opening a savings account with a $15.00 deposit. This account represents your "ownership" in East River Federal Credit Union, and entitles you to voting privileges at our Annual Meeting.

We invite you to open your account, experience the benefits of membership and improve your financial health today!

Ready to Join?

We have two convenient ways to establish your membership.

  1. Apply Online through our secure application site.
  2. If you do not wish to fill out your membership application online, you may apply for membership by mail, email, fax or in person at East River Federal Credit Union.

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.