Become a Member
- Lower fees than most banks
- Access to valuable financial wellness materials
- All members are member-owners
So you want exceptional financial services?
Join the club.
Unlike other financial institutions, credit unions are not-for-profit, membership-based organizations. The good news is that it's not hard to get in on the action. If you're affiliated with Purdue University, have roots in LaPorte County, Indiana, or are a part of one of our Select Employee Groups, chances are you're eligible.
Membership Eligibility
Purdue Federal membership is open to:
- Current students, employees, alumni, persons retired as pensioners or annuitants of Purdue University as well as their immediate family members.
- Persons who live, work, study, or worship in LaPorte County, Indiana.
- Employees and/or members of the dozens of businesses, public agencies or nonprofit organizations of our Select Employee Groups.
- Immediate family members of a Purdue Federal member.
Required at Account Opening
Once you've figured out if you're eligible, have the following items ready when you are applying for membership:
- Unexpired government-issued ID
- Social Security Number
- $5 minimum deposit for your Member Ownership Account.
Required for Youth Ages 17 and Under
- Social Security Card
- Parent or guardian as a joint accountholder (Parent/Guardian must already be a Purdue Federal member for at least one year)
- If you are 14-17 years-old, a parent/guardian joint accountholder is optional. If you wish to open membership on your own then a Birth Certficate, Proof of Address and Student ID is also required.
Ready to join Purdue Federal?
Apply for membership Apply for a minor
Or find a branch near you.
FAQs
My Member Perks is a program that continuously rewards you for your trust and loyalty to Purdue Federal Credit Union. Your entire relationship with the credit union qualifies you for a Bronze, Silver, Gold or Diamond Status based off the products and services you use. Each status offers a variety of perks designed for members at all stages of life. Perks include free checking, a monthly cash giveback, money saved on loan rates, and more!
There are many benefits of being a credit union member, often including lower rates and higher member satisfaction. Plus, credit unions are non-profits and are member-owned, which means we're dedicated to providing services and opportunities that benefit our members, not shareholders.
One of the best parts of being a member is Purdue Federal’s My Member Perks program. Our leadership team created this exclusive program to continuously give back to our members by financially rewarding them for their entire relationship with the credit union. It is based on many factors including years of membership and usage of all products and services. My Member Perks launched in August 2013 and has delivered more than $26 million back to members since inception.
Because we value all our members and we strive to be your trusted financial partner for life, we are thrilled to share a percentage of the credit union’s annual profits with our member-owners.
We also believe the My Member Perks program has created substantial growth for Purdue Federal. In 2018, the credit union experienced excellent growth in membership, deposits and loans—likely the result of our members and the local market responding favorably to our member giveback program.
Through our unique My Member Perks program, excellent service, competitive rates and lower fees than many other local financial institutions, word has spread that Purdue Federal is the place to belong where you have worth. We hope that your credit union is meeting your financial needs, and that you have experienced the credit union difference through My Member Perks.
- Start by applying online, in the branch or by calling the Contact Center.
- Qualify for membership through one of our Select Employee Groups (SEGs) or if you
live, work, study, or worship in LaPorte County, Indiana. - Open a savings account and deposit your $5 membership share deposit to purchase your share of the credit union.
When you open your account you are technically purchasing a share of the credit union. This account is your membership share deposit of $5. With this, you are a member-owner of the credit union and are able to participate in credit union decisions.
Yes. There is a $5 minimum deposit to open your membership. This is your share of the credit union. If you close your account for any reason, you will get this amount back.
Additionally, there is a $25 minimum opening deposit for checking accounts.
See our Rate Sheet and Truth in Savings for complete details.
Visa Signature® Credit Card
There's no need to choose between a 0% introductory rate, an attractive rewards program or a long list of travel services and cardholder discounts. You get all of the above - and so much more with a Visa® Signature Credit Card.
Learn MorePurdue Federal Credit Union serves members worldwide and operates branches throughout Greater Lafayette, Crown Point and La Porte, Indiana.