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New FSF membership benefit: Digital Credit Union eligibility
New FSF membership benefit: Digital Credit Union eligibility
byJohn Sullivan
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Published on
Sep 27, 2011 03:53 PM
FSF members in the US are now eligible to join a credit union for their banking.
Free Software Foundation members living in the US are now eligible to
join the Digital Federal Credit Union for their banking, thanks to DCU
approving us as a participating organization. DCU is, like the FSF, a nonprofit headquartered in Massachusetts, with members in
all 50 states. We are working to be
able to offer this same opportunity to the many members living in
other countries as well, but so far we have not been able to find
appropriate partner organizations. If you know of a credit union in
your country that would be willing to work with us please let us
know at membership@fsf.org!
Credit unions are cooperative and often nonprofit financial
institutions which provide the same services as banks, but because
they are member-owned, there can be dramatic differences from banks in
the cost of borrowing money and use of their services. DCU is both nonprofit and democratically controlled, which means you
and other members elect a volunteer board of directors to run things.
The management then reports to this board.
If you'd like to take advantage of this benefit, head to
https://www.dcu.org/ and complete their application. If you're not yet a member, become one first.
Thank you to Danny Piccirillo, who did the work to make this
possible while interning at the FSF last year.
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