Sometimes it is best for two members to hold a joint account.
The same share limits apply
Both members named on the account are required to sign for loans and withdrawals
The first member named on the account may attend our AGM and vote
Death Benefit Insurance is paid on the first death only. Click here for more information [link to Death Benefit page]
Should one of the named members die, the shares will transfer to the surviving member and the loan balance, if covered by Loan Protection Insurance, will be cleared.
To open a joint account, both individuals must follow the New Member process that applies to individuals. For more information, click here