1. What is a Credit Union ?
   A credit union is a financial co-operative association organized under either state or federal laws depending on it's charter.
   
   
2. What does a Credit Union do?
   Credit unions provide financial services to a group or groups of people with a common bond. These people are referred to as "members" who pool their savings and use the money to make loans to each other.
   
   
3. Who can open an account at a Credit Union?
   Each credit union has it's own field of membership charter. Some credit unions serve groups of employees, members of an association or a specific geographical area.
4. 
   Who can join the Camco Community FCU?
   Any person who lives, works, worships or goes to school in the Borough of Bellmawr. Also family members and members of the same household of an existing member may join.  See Member Identity requirements at the end of this page.

     5.  Are my deposits insured?
          Absolutely. Member deposits are insured to $100,000.00 with the National Credit Union Administration, 

          a, US Government Agency.

1. How long has Camco Community FCU been in business?
   Our credit union was chartered by the federal government in December 1957. We were originally known as Barrington Fiberglas FCU serving the employees of Owens Corning Fiberglas. In 1986 we revised our name to Barrington Federal CU and served additional employee groups. Earlier in 1999 we were approved by our regulator, the National Credit Union Administration to serve the community of Bellmawr at which time we changed our name to Camco Community FCU.
   
   
2. Does the Credit Union have everything a bank offers?
   Each credit union is different depending on it's size and staff. Refer to our list of programs and services currently available. Keep in mind that we plan to expand to other financial services as we grow in the community.
   
   
3. Why would I prefer doing business with a credit union instead of a bank?
   Generally credit unions can offer the members a little better return on their savings, lower interest rates on loans, and much lower fees. Credit unions also tend to "know" their members more than banks "know" their customers and can provide a more personal service.
   
   
4. Who owns Camco Community FCU?
   We all do! Once you become a member of the credit union, you are a part owner. Credit unions are member owned and operated. A member of the credit union with an account in good standing can serve as a volunteer on the Board of Directors or Supervisory Committee. The credit union holds elections for the Board annually with an annual meeting of membership held each spring.
   
   
5. Can you think of something else you'd like to know about credit unions?

           Members must provide proof of identity upon application to open an account in compliance with the Customer Identification Program mandated in the Bank Secrecy Act in NCUA Rules and Regulations, 31 U.S.C. 5318(1) Section 748-2.  Acceptable form of identification are:

                  Government issued drivers license (photo or non-photo)   *

                  Social Security Card

                  U.S. Passport   *

                  Government issued identification for non-drivers, such as a county issued photo ID   *

                  Employer issued photo identification if you join through employment

                  Original Birth Certificate

                   Marriage Certificate (for name change)

*    These documents are considered primary and will be acceptable proof of identification on their own.      Other forms of ID without a primary document will only be accepted in combination of two or more.

JUST ASK US ! WE WILL BE GLAD TO ANSWER YOUR QUESTIONS !