Becoming a member
From banking and borrowing to investments and insurance, we’re a full-service co-operative financial institution ready and excited to support you.
To open an account with Nelson & District Credit Union, you must purchase a $25 member share, or a $5 youth share for those under 19 years of age. This share is redeemable if you were to close your account.
We are required to verify your identity, so regardless of whether you open your account remotely or in-person, you need to come into a branch to finalize the opening of a new account. Here’s what you need:
1. Your social insurance number*
2. One piece of valid, government-issued photo ID, with signature, from the following group:
- Driver’s Licence
- Please Note: BC residents with a combined DL and SC card. This is only considered one piece of acceptable identification.
- Passport
- Provincial Identification Card (i.e., BCID)
- Provincial Heath Card (i.e., BC Service Card)
- Canadian Permanent Residence Card
- Certificate of Indian Status
- Canadian Birth Certificate
- Provincial Health Card (i.e., BC Service Card)
- Credit Card
- Certificate of Canadian Citizenship
- Canadian Firearms Licence
Note: You must present the original ID, not a photocopy. Expired identification is not accepted.
* See exceptions for minors below.
**The Credit Union defines secondary ID to be photo or non-photo issued by a government or financial institution (e.g., a major credit card provider)
ID for minors
Age 0-12: Accounts are opened as joint ownership with a parent/guardian who must be or become an NDCU member. We’ll also need to see one piece of ID for the child from the following group:
- BC Service Card
- Birth Certificate
- Passport
Age 12-18: Account can be opened as single ownership if the minor meets the ‘Minor (under 19)’ identification requirements:
- Social Insurance Number
- Canadian Birth Certificate or Passport
PLUS, one of the following:
- Provincial Identification Card (i.e., BCID)
- Provincial Heath Card (i.e., BC Service Card)
- BC Student ID
Otherwise, the account must be opened as joint ownership with a parent/guardian.
Additional Requirements
Credit checks are required for all new members over the age of 19, and all new members must declare their Country of Tax Residency and Tax Identification Number to qualify for a membership.
