Membership Eligibility

In order to join BFSFCU, you must meet the membership eligibility criteria* set forth under our federal charter. Eligible persons generally include those who work within the World Bank Group, International Monetary Fund, Bank-Fund Staff Federal Credit Union, World Bank Children’s Center and Bretton Woods Recreation Center, as well as retirees of those organizations.

Membership also extends to FAMILY members. This includes spouse, children, brothers, sisters, parents, grandparents, grandchildren, stepparents, stepchildren, stepsiblings, adoptive relationships and household members.

What about aunts, uncles, nieces, nephews, and cousins? Well, once your family members have joined BFSFCU, they can extend the opportunity of membership to their family members as well.

Certain organizations, comprised of persons who qualify for membership individually, such as ski, bridge, investment or flying clubs, may open organizational accounts with BFSFCU. If you are unsure of your eligibility for membership, please contact us.

Special Note: Members living outside of the U.S. may apply for loans and credit cards. The income used to qualify applicants must come from a U.S. source. Any loan collateral must be located in the U.S.

Important information about U.S. Economic Sanctions and Your Account

Lifetime Membership Policy

Our "once a member, always a member" policy means that when you (or your family members) join the Credit Union, you may remain a member for the rest of your life, as long as a minimum balance of $5 is maintained in your Membership Share.

Apply for Membership

You may apply for membership using our online membership application.

USA Patriot Act - Important Information About Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, tax identification number, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

If you prefer to apply for membership in person at one of our branch locations, please note that you will need the following supporting documentation to verify your legal name, date of birth, address, and Personal Identification Number:

Individual U.S. Person:
  • Social Security Card
  • Tax Return
  • Unexpired U.S. photo ID with SSN
  • Internal Revenue Service confirmation letter
  • Driver's license, utility bill, bank statement, or rental lease
Individual Non-U.S. Person:
  • Social Security Card
  • Internal Revenue Service confirmation letter
  • Unexpired foreign passport AND U.S. visa (required for all foreign nationals)
  • Unexpired Permanent Resident Card (Green Card)
  • Utility bill, bank statement, or rental lease

In addition, you will need the following:

  • $5 purchase of a Membership Share
  • We recommend an initial deposit of at least $25 to fund your new accounts
  • Appropriate tax form (see below)
Tax Forms
Depending on your taxable status with the U.S. government, you will need to submit either IRS Form W9 or IRS Form W-8BEN. To aid you in determining the appropriate form to use, please reference the table below.

IRS Form W-9: Request for Taxpayer Identification Number and CertificationIRS Form W-8BEN: Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding
  • This form should be completed by members who are U.S. taxpayers.
  • The form must be completed with a valid Social Security Number (SSN) or Employer Identification Number (EIN).
  • This form should be completed by members who are not U.S. taxpayers and do not have to pay U.S. income taxes.
  • If you do have a U.S. Social Security Number, please include it on the W8 form for reference purposes.
  • For joint accounts, if one member is a U.S. taxpayer, they will be considered the tax owner of account as required by IRS regulations.
Instructions for Form W-9Instructions for Form W-8BEN
This table is a quick reference only. If you are unsure of your taxable status, we recommend consulting a tax attorney. When completing your tax form, ensure that you enter your name as it appears on your government-issued photo ID.

*Membership eligibility criteria are subject to federal guidelines as regulated by the NCUA. BFSFCU reserves the right to determine membership eligibility as required under federal law and may refuse membership to persons who do not meet the eligibility guidelines as set forth under our federal charter. Member names on all Credit Union records must match the member's name as it appears on the government-issued identification that is provided for identity verification.