We run a business. Sometimes we receive a cheque, drawn on a major bank, from someone at church. We just can’t figure that out - why would someone from church NOT bank at the Christian Credit Union? It’s like...read more
John & Teena Vant Land Bridge Central Service & Towing Ltd.
Christian Credit Union Ltd. Bylaws
2.1 Qualification for Membership
Membership in the Credit Union is subject to approval by the Board or its designate and shall be open to:
(1) Individuals who express agreement with the Statement of Faith as expressed in section 1.2 and who are either:
(a) members of a church with a Reformed confession (the Belgic Confession, the Heidelberg Catechism, the Canons of Dordt or the Westminster Confession);
(b) students of a non-profit Christian school society providing education to students in Kindergarten to Grade 12 (or some portion of those grades) which is a member of the Credit Union; or Christian Credit Union Ltd. Bylaws
(c) individuals who have been sponsored for membership by an existing member of the credit union, provided that the existing member is currently in good standing and meets the criteria established by the Board.
(2) Societies and organizations that have at least fifty percent (50%) of the members of the organization who are members of a church with a Reformed confession as defined in subsection 2.1(1)(a) above. The Board of Directors may also give special approval for membership to a society or organization that is connected to the Reformed Christian community but either does not have or it is difficult to determine that at least fifty percent (50%) of the members of the society or organization are members of a church with a Reformed confession as defined in subsection 2.1(1)(a) above.
(3) Business corporations or partnerships where at least fifty percent (50%) of the shareholders or partners, as applicable, are members of the Credit Union.