Member Shares/Loans
Members are required to buy additional shares when taking loans for building NCCU's Share Capital and improving the safety and soundness of our Credit Union.
Shares are to be purchased as follows:  
 

LOAN AMOUNT

MEMBER SHARES NEEDED

Loans of up to $10,000

 

At least two (2) Shares

Loans from $10,000 - $ 50,000

 

Four (4) Shares

Loans from $50,000 - $100,000

 

Five (5) Shares

Loans above $100,001

 

Six (6) Shares and (1) additional share for multiples of $50,000 thereafter.