Question 1

Who is eligible to join Reliance FCU?

Accepted Answer

Anyone who lives, works, or worships in Norristown, Conshohocken, King of Prussia, or the surrounding Greater Philadelphia Area is eligible to apply.

Family members of an existing Reliance FCU member are automatically eligible to join Reliance, regardless of where they live, work, or worship geographically.

Plus, once a member always a member! Even if you move across the country or close your account, you can always count on Reliance FCU in the future to assist you.

Question 2

What is a Credit Union?

Accepted Answer

A credit union is a cooperative, not-for-profit financial institution. Unlike a bank, which is owned by shareholders, a credit union is owned by their members.

Because of the non-profit nature and membership ownership structure, credit unions usually seek to help the community before profits.

This allows better rates for loans and savings products for all members, while promoting financial literacy to our surrounding community.

Question 3

Is Reliance FCU Insured?

Accepted Answer

Yes! All Reliance Federal Credit Union accounts are insured the standard $250,000 per account type, per account owner as per the NCUA standards.

This means you can bank risk-free with Reliance FCU under this threshold just as you would with most commercial banks!

Reliance Federal Credit Union

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