Welcome to the WVBSC Credit Union Web-site
“Do the Best you can until you know better, then, when you know better, do better.” ~Maya Angelou
Dear Members:
Now that we know better, we are utilizing new and more efficient ways to communicate with you our members or potential members. This new website is coming to you with the help of the West Virginia Baptist State Convention, the staff of our credit union and our web- hosting organization. We are so happy to have this new opportunity to make communicating with you easier and more timely. Although our credit union is over 50 years old, we are just now communicating with you via the World Wide Web!
The WV Baptist State Convention Credit Union was established and organized for the constituents of the WV Baptist State Convention and its auxiliaries associations and churches, chartered in 1984.
for our Credit Union, owned and operated by Black Christian men and women.
Becoming part of the credit union is easier than you might think.
The WV Baptist State Convention Credit Union will hold its annual share holders annual meeting on May 21, 2021 at 1:00 p.m. at the Hilltop Baptist Center. All share holders are urged to attend this meeting.
To become a member of the Credit Union, all you need to do is join with a $5.00 membership fee and buy as many shares as you like. Each share is worth $5.00.
We also offer loans at reasonable rates. To get a loan, you must have at least 10% of the amount of the loan in shares. Example is, you want to borrow $500, you must have at least $50 in shares. It takes 30 days after you have joined in order for you to apply for a loan.
The WVBSC Credit Union is {Ready and Waiting} for You to (Come and Join) and become a Member!!!! 500.00 to 5,000.00 dollars. We have a [Christmas Club Fund] and we also have for our constituents. Drop by and see us when you are on the Hill!!
We are located on the second floor in the main building, off the dining room area. Our number is 304.469.3333. Have a “Blessed Year”Join Today!The WVBSC CreditUnioni{Readyand Waiting} for You to (Come and Join) and become a Member!!!!
We have loans to be acquired in the range from: 500.00 to 5,000.00 dollars. We have a [Christmas Club Fund] and we also have for our constituents.
Drop by and see us when you are on the Hill!! We are located on the second floor in the main building, off the dining room area. Our number is 304.469.3333.
Have a “Blessed Year”
Linda Manuel
Paul Mitchell
Frances Jackson
MEMBERSHIP and HOW TO JOIN
All benefits derived from membership in this credit union will be utilized for Christian purposes.
WHAT IS A CREDIT UNION?
- A credit union is a financial institution, approved to operate by a state or federal enity and is regulated and supervised by the National Credit Union Administration and/or a state official organization.
- Credit unions exist to serve their members. Like banks, credit unions accept deposits, make loans and provide a wide array of other financial services. Credit unions provide a safe place to save and borrow at reasonable rates.
- Credit unions do not operate for a profit. Profits made by the credit unions are returned back to
members in the form of reduced fees, higher savings rate, dividends and lower loan rates.
How is a credit union different than a bank
Credit unions are owned and controlled by the people, or members, who use their services. Members of the credit union serve on the Board of Directors, the Supervisory Committee and on the Credit Committee. During annual meetings a volunteer board of directors is election by members to manage a credit union. These directors then elect members to service on committees.
MEMBER-OWNED
YOU ARE MORE THAN A MEMBER, YOU ARE PART OWNER.
Your vote counts in our annual meetings and your voice is heard when you have a concern or complaint.
WHO JOINS and WHY
Members of a credit union share a common bond also known as the credit union’s” field of membership.”
- Membership in a Group – For the West Virginia Baptist State Convention (hereafter, WVBSC) credit union, this field membership includes all churches and their members or organizations .
- Family – Most credit unions allow members’ families to join.
- Geographic Location – Many credit unions serve anyone that lives, works, worships or attends school in a particular geographic area.
- Employer – Many employers sponsor their own credit unions, West Virginia Baptist State
Convention Credit Union is not an employer-based credit union.
Individual members join our credit union to:
- Support the activities of their local churches, associations or state Christian activities.
- Respond to life circumstances by accessing funds to pay for: small home repairs; sudden financial emergencies, as to have funds for family vacations or sudden emergencies or to access used auto loans.
- Finance Christian-growth activities such as: attending local,state and national Christian education activities or to participate in state and association meetings and fund raising activities.
Churches, Associations and Auxiliaries join our credit union to:
- • To have access to financial services without high fees,and to support local church repairs such as repairing church facilities, paving a parking lot, adding or improving air conditioning etc.
HOW TO JOIN
$15 gets you a membership and one $5 share in the credit union.
To join the credit union you must complete the membership application form (found on this website) Download the membership application, print it out and call us (304) 469-3333 any Tuesday or Thursday between the hours of 1-4 P.M. so we can help you complete the application process. We are open at these times, and any time there is a meeting at the Hilltop site.
