Frequently Asked Questions

A. To become a member of the credit union, fill out a membership form and return it along with a copy of a government issued picture ID (Drivers' License, State ID Card or Military ID) and a copy of your Social Security Card. You must open a share (savings) account with a minimum of $5 initial deposit. To remain a member, you must maintain a $5 balance in your account and demonstrate regular activity. You will have access to all of our services once you open your share (savings) account.

A. Yes! "ONCE A MEMBER - ALWAYS A MEMBER" You are still able to continue your membership, regardless of any new profession or where you live.

A. You can change your payroll deduction anytime by completing a payroll deduction authorization form here at the Credit Union office.

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

A. Once you become a member, you are immediately eligible to apply for all loan types except signature loans.

A. Members will need to complete a loan application which can be accessed from our website or at the Credit Union office. Two check stubs and verification of income is required to complete loan application process.

A. At Lufkin Federal Credit Union, 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. Our members are more than just a credit score when applying for a loan with us.

A.

• Individual accounts can only be accessed by the individual member. No other person can make transactions.
• Joint Accounts - Any person(s) on the account can make transactions (deposits, withdrawals, etc.)