New FSF membership benefit: Digital Credit Union eligibility
Free Software Foundation members living in the US are now eligible to join the Digital Federal Credit Union for their banking, thanks to DCU approving us as a participating organization. DCU is, like the FSF, a nonprofit headquartered in Massachusetts, with members in all 50 states. We are working to be able to offer this same opportunity to the many members living in other countries as well, but so far we have not been able to find appropriate partner organizations. If you know of a credit union in your country that would be willing to work with us please let us know at firstname.lastname@example.org!
Credit unions are cooperative and often nonprofit financial institutions which provide the same services as banks, but because they are member-owned, there can be dramatic differences from banks in the cost of borrowing money and use of their services. DCU is both nonprofit and democratically controlled, which means you and other members elect a volunteer board of directors to run things. The management then reports to this board.
Thank you to Danny Piccirillo, who did the work to make this possible while interning at the FSF last year.