The Town of Palm Beach Federal Credit Union is a not-for-profit, cooperative financial institution serving its members since 1965 with a range of services to meet their financial needs.
Membership is open to all Town of Palm Beach Governmental Employees, their immediate families (spouse, children, siblings, parents, grandparents, grandchildren) and any member of a Town of Palm Beach Governmental Employee's household.
As a member, you actually are a owner of the credit union. You have a vote in the elections held annually to fill positions on the voluntary Board of Directors and Supervisory Committee.
Once you join the credit union, you are always a member, even if you leave your job, retire, or move out of the area. As long as you keep your account open, the full range of benefits are available to you.
Recent enactment of the JSA Patriot Act requires the Credit Union to implement new identification procedures. These procedures require us to see certain identifications, verify the accuracy of that identification and keep copies of the identification.
Board policy will not allow the opening of any share, IRA, or any type of loan account when a member or additional signer(s) (i.e., joint owner, trust account trustee, attorney in fact, etc.) fail to provide sufficient identification and/or fails to assist the Credit Union in the verification of the identification given.