Join IBEW 26 Federal Credit Union
In order to join a credit union, the member must be in the field of membership by a common bond.
IBEW Local 26, IBEW Local 70, SMW Local 100, IUEC Local 10, Heat & Frost Insulators, Asbestos Workers Local 24, Contractors, and employees of contractors who have signed agreements with above listed unions.
Family members are also eligible to join including your spouse, children, parents, brothers, sisters, grandchildren, and grandparents.
To open an account, contact the credit union office and we will mail a membership card to your home or office. Return the membership card with a check or money order in the amount of $5.00 made payable to IBEW 26 FCU and a copy of a valid Drivers License.
Important information about procedures for opening a new account:
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies all persons (primary and joint owners) who open an account.
What this means for you when you open an account is that we will ask for your name(s), address, date of birth, and other information that will allow us to identify you and any owners of the account. We may also ask to see your driver’s license or other identifying documents.
The IBEW 26 Federal Credit Union is a member-owned financial institution whose purpose is to promote and assist in the financial well-being of members by providing professional, personal, competitive, safe and sound financial services within the financial ability of the credit union. IBEW 26 FCU strives to become the primary financial institution of its members.
IBEW 26 Federal Credit Union was started in 1955 by a small group of electricians that worked out in the field. In 1969, the credit union moved from the Creamer’s basement to North Capital Street in Washington, DC and in May of 2006, moved to the present location in Lanham, Maryland.
Board and Committee members volunteer their time and service to ensure the continued success of the credit union for its members. The Credit Union has been fortunate to have so many dedicated volunteers throughout the years along with the generous support of our sponsor IBEW Local Union 26.
What Is a Credit Union?
A credit union is a not-for-profit co-operative financial institution that is owned and controlled by its members. Only a member of a credit union may deposit money in the credit union or borrow from the credit union. Credit unions are governed by a Board of Directors elected by the members.
A credit union differs from a traditional financial institution (bank) in that the credit union members who have accounts in the credit union are the credit union owners. There are no share holders earning money from their investment in the bank. Only members receive dividends based upon their deposits. Credit unions offer many of the same financial services as banks including share (savings) accounts, share draft (checking), credit cards, certificates and many different forms of loan products.
What are the credit union hours and contact information?
Monday – Friday, 8:30 AM to 4:00 PM
Toll Free: 1-888-306-0610
Local: (301) 306-0610
Fax: (301) 306-0746
:: Electronic mail is not secure, and confidential or personal information should not be communicated in this manner ::
4371 Parliament Place, Suite C
Lanham, MD 20706-1807
How do I check my balance?
You can log in to online banking or mobile banking to check your balance at no cost. You can also call Audio Response at 1-800-724-7573. The PIN is last 4 of primary account holder’s social security number. This service can be used for free 6 times a month.
How do I open an account?
You may call our office to request a new member packet* or download (PDF-new window/tab) and mail back to us.
*To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you is that when you open an account, we will ask you for your name(s), address, date of birth, and other information that may be necessary to identify you. We will also ask to see your driver’s license or any other identifying documents.