Credit Union to Credit Union

Hi Snoopy.
You are right and wrong in your assertions. Yes you can go to a credit union closer to where you live and open an account....as long as you live or work in their common bond. Just in case you are not aware a common bond is a term used to describe what ties all the members of a credit union together. for example living in the same town or surrounding area. Each credit union is a separate legal entity so if you were to join the credit union close to you, you would not be able to withdraw the money from the old credit union in the new credit union (ie its not a like going into a different branch of your bank and withdrawing money). You can withdraw your savings from one credit union and bring it to the new credit union if you wish. However there is nothing precluding you from being a member in more than one Credit Union as long as you fulfill the membership requirements of both Credit Unions. I hope this helps. Let me know if you need anymore info