Anyone who lives, works, worships or attends school in select Philadelphia zip codes can open accounts. In addition, Sb1 was also chartered as a "SEG" based credit union, meaning organizations can also offer our services as a benefit to their employees.
Relatives of members are also eligible:
All members of your household (persons living under your roof) can now become Credit Union members as well! That means any person sharing a residence as part of a single-family unit, including domestic partners and others who live together as part of a family unit. An individual may be considered to be living in the same household although he or she is temporarily absent from the residence, such as children in college or the military.
2. Please mail this application along with a copy of your identification (*such as a valid drivers license, passport or valid government issued I.D.) and your opening initial deposit to:
Sb1 Federal Credit Union
PO Box 7480
Phila PA 19101-7480
3. You will also need to send in your opening initial deposit (check made payable to Sb1 Federal Credit Union). We recommend $50 or $100 to ensure you're getting off to a good start!
*Important information about procedures for opening a new account:
As required by the USA Patriot Act of 2001, which requires Sb1 Federal Credit Union to help the government fight the funding of terrorism and money laundering activities, Sb1 Federal Credit Union must obtain basic identifying information from you and verify that information when you open a new account.
This means Sb1 Federal Credit Union staff will ask you for some basic information such as your name, address, date of birth and other information designed to help us identify you. Sb1 Federal Credit Union staff may also ask to see documents identifying you too such as a driver's license, passport or some other government-issued document. Sb1 Federal Credit Union appreciates your patience and understanding as we all do our part in complying with the new account identification procedures required by the federal USA Patriot Act of 2001.