Here are answers to commonly asked questions:

What is the daily limit for debit card purchases?
For security purposes the daily limit for purchases with your VASCO Federal Credit Union debit card is $1000. We cannot increase this limit. Also, Friday afternoon through Monday afternoon is considered to be one day. The daily limit for cash withdrawals at ATMs is $300.

What do I do if I get locked out of homebanking?
Please call us! We will unlock your account and reset your password or challenge words. Don’t be embarrassed. It happens and we are here to help you.

What is the difference between a Federal Credit Union and a regular bank?
Your credit union is owned by you and the other members.  By opening an account with us, you become a member, not just a customer.  You become eligible to run for a position on the Board of Directors and vote for candidates for positions on the Board of Directors.  Also, to become a member of VASCO Federal Credit Union you must qualify for membership.  Not everyone qualifies for membership.

Why is it more advantageous to use a credit union?
Because of our limited field of membership, we are able to offer better rates on savings and loans.  We also tend to charge lower fees than our competition.  Being a member also allows you to take an active role in how the credit union operates.  We provide an additional option in meeting your banking needs.

How does one qualify for membership at VASCO Federal Credit Union?

To qualify for membership, you must work or be retired from one of the forty-three companies that are listed on our charter.  Members of Bell Memorial Church and St. Paul’s Evangelical Lutheran Church are also eligible for membership with us.  If you do not work for one of those businesses but have an immediate family member or reside in the same household of an existing member or are the surviving spouse of an individual who died while within the field of membership, you qualify for membership.

How does one become a member of VASCO Federal Credit Union?

If you qualify for membership and wish to open an account with us, you would need to stop by our office and complete a membership card.  You must show a photo identification card and proof that you are eligible for membership.  You must then open a share account and deposit $50.  This $50 must stay on deposit at all times in order for you to maintain your membership.  Upon opening a share account with us you can then apply for loans and utilize our other products and services.