For Personal Savings & Checking

Become a Member

Become a Member Owner

Apply for membership by opening a Share (Savings) Account. It is called a Share Account because you become a member-owner — not just a client.

A member of LES People’s FCU can vote to elect the Board of Directors and Committee members. Our financial cooperative is democratically run and your opinion will be heard.

  • ✔️ Become a member-owner with a Share Account
  • ✔️ Voting rights in Board and Committee elections
  • ✔️ Part of a democratically run financial cooperative
  • ✔️ Minimum deposit of $75 to avoid a $3 monthly maintenance fee
  • ✔️ Account balance must never go below $25 to maintain your share

A minimum of $75.00 is required to avoid the monthly maintenance fee. A minimum of $25.00 is required to maintain your share in the credit union.

An annual account service fee of $5.00 will be charged every July 31st. This fee is for Personal and Business accounts

Celebrating our 40th Anniversary

Celebrating our 40th Anniversary, we’re inviting you to Share the Love with the people who matter most. When your loved ones join LES People’s FCU, they gain access to safe, convenient banking anytime, anywhere through our Digital Banking Platform—and may receive $40 for joining.

Conditions apply.

Who Can Join?

LES People’s FCU serves a broad membership throughout New York City. To be eligible to join, you must meet one of the following criteria:

  • ✔️ Individuals who live, work, volunteer, worship, attend school, or belong to an organization located in:
    Lower East Side, East Harlem, Central Harlem, North Shore
  • ✔️ Individuals who live or work within CDFI investment areas in New York City
  • ✔️ Any organization or business located in the communities listed above
  • ✔️ Individuals affiliated with one of our Select Partner Groups in NYC (including Drivers Coop, BxFAC, CEANYC, and others)
  • ✔️ NYC residents who earn less than $50,000 annually (proof of income required, such as a tax return)
  • ✔️ Anyone who lives in an HDFC Co-op building
  • ✔️ Family members of existing members

If you meet at least one of these qualifications, you are eligible to join LES People’s FCU.

For Business Savings & Checking

Become a member

Business Membership

Small businesses and microenterprises throughout New York City have turned to LES People’s FCU for affordable business accounts, services, and loans for over thirty years. We’ve helped both established businesses and start-ups expand and preserve their operations.

Eligibility

Your business or organization can join LES People’s FCU if it meets one of the following requirements:

  • ✔️ Business or organization is located in our field of membership:
    Lower East Side, East Harlem, Central Harlem, North Shore
  • ✔️ Business or organization is an HDFC Co-op building
  • ✔️ Business or organization becomes a Select Partner Group (SPG)
  • ✔️ One of the business’ or organization’s authorized officers is already a member of LES People’s FCU

For more information about how to become a member, please click here.

Contact one of our Member Service Representatives if you have additional questions at (212) 529-8197 or by emailing lespfcu@lespfcu.org.

40th Anniversary Promotion.

The new member must fund a Share Savings account with $25 and set up direct deposit during the promotional time period of 1/1/2026 through 2/28/2026. Promotion is subject to change or cancellation without notice. Payouts will occur by the first week of March 2026 into the member’s primary Share account.

Direct deposit must be intact and active at the time of payment to receive the $40 payout. Please note, direct deposit must hit the account during the promotional time period; timing for direct deposit setup and payment is variable and contingent upon the employer. Promotion is subject to change.