Bay Shore Credit Union  Becoming a Member: Membership is open to anyone living or working in Marinette and Oconto County Wisconsin or Menominee County Michigan.  Also, members of your immediate families are eligible for membership.  You may become a member of Bay Shore Credit Union by opening a share account with $5.00 or more. The $5.00 savings is defined as the value of a member share.  As soon as you deposit $5.00 in your share account you are a member and own one share in the Credit Union.  You must bring your picture ID to the Credit Union and complete a membership card.    The first person named on the savings account is the Member. Other people named on the saving account are Joint Owners.  Once you become a Member of Bay Shore Credit Union, you will have the opportunity to use or apply for any of the services offered at Bay Shore Credit Union. "Not For Profit...Not for Charity...But For Service" "People Helping People" ... the Credit Union difference IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT To help the government fight the funding of terrorism and money laundering activities, 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, and other information that will allow us to identify you.  We may also ask to see your driver's license or other identifying documents. What is a Credit Union? A credit union is a cooperative, not-for-profit financial organization owned entirely by its members and operated for the benefit of all who belong.  Our goal is to help people help each other by promoting thrift through a convenient systematic savings plan and by providing a quick, economical source of confidential credit. All financial profits from loans and investments are returned to members in the form of dividends (interest) after expenses and legal reserves are set aside.  The credit union doesn't profit... its members do. Because credit union members are also credit union owners, each $5.00 on deposit represents one share of ownership.  A minimum of one share ($5.00) must remain on deposit in your share account to maintain membership.  As long as the minimum balance requirement is met, you remain a member for life, even if you change jobs or move away.  As a member, you elect the Board of Directors and may volunteer to serve as a director or committee member.  In short, as a member, you help run your credit union. What is OUR Credit Union Employees of the Ansul Chemical Company organized this Credit Union in 1953 and the first set-up meeting was held at the Elks Club in Marinette with 38 people in attendance.  The business of the Credit Union was conducted in the lunch room of the Company on an as needed basis, and by the end of 1954 membership totaled 373 members with assets of $54,000.00 Our Credit Union continued to do business on the Ansul Company property in a small office in the factory until 1974 when we moved to a house at 1006 Church Street in Marinette.  Members at that time numbered 1356 and assets were $1,400,000.00 Continuing to grow, new services such a share draft checking accounts were added in 1983.  The Credit Union was located in a residential area with limited parking and no room to add a drive-up for convenience.  With 2400 members and assets at $5,500,00.00 our Credit Union had outgrown the house on Church Street.  In October 1989, the new building on Cleveland Avenue was completed and is the current home of our Credit Union. Our Credit Union expanded from a closed industrial-chartered to an open community-chartered Credit Union serving people who live or work within Marinette & Oconto, Wisconsin Counties and Menominee, Michigan County.  The name of Ansul Employees Credit Union was changed to Ansul Area Credit Union and finally after a membership contest, our Credit Union name was officially changed to Bay Shore Credit Union in August 1992. Although the Credit Union has grown over the years, we remain dedicated to our original purpose and philosophy.. to provide a place where members may save and get a better than average return on their savings and to provide a source of low cost loans for our members. A Credit Union of people helping people