Membership

Diamond Valley Federal Credit Union is a community-chartered credit union, meaning there are many ways to qualify for membership.

Membership in Diamond Valley Federal Credit Union is open to anyone who lives, works, worships or attends school in Vanderburgh County or is an immediate family member of someone who does.

Below are definitions of other persons that are eligible for membership within Diamond Valley Federal Credit Union:

  • Spouses of persons who died while within the field of membership of this credit union.
  • Employees of this credit union.
  • Persons retired as pensioners or annuitants from the above employment.
  • Volunteers.
  • Member of the immediate family or household.
  • Organizations of such persons.
  • Corporate or other legal entities in this charter.

Immediate family is defined as spouse, child, sibling, parent, grandparent, or grandchild. For the purposes of this definition, immediate family member includes stepparents, stepchildren, stepsiblings, and adoptive relationships.

Household is defined as persons living in the same residence maintaining a single economic unit.

Membership eligibility is extended only to individuals who are members of an "immediate family or household" of a credit union member. It is not necessary for the primary member to join the credit union in order for the immediate family or household member of the primary member to join, provided the immediate family or household clause is included in the field of membership. However, it is necessary for the immediate family member or household member to first join in order for that person's immediate family member or household member to join the credit union. A credit union can adopt a more restrictive definition of immediate family or household.

Volunteers, by virtue of their close relationship with a sponsor group, may be included. Examples include volunteers working at a hospital or church.

If you have any questions about whether you can become a member of Diamond Valley Federal Credit Union, please email a Member Service Representative or call 812.425.5152.

 

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