Membership in the Credit Union is subject to the following conditions:

1) compliance with the sign of membership, namely: residence within the administrative-territorial unit in which the location of the Credit Union is registered (the city of Kyiv, Kyiv region) and all administrative-territorial units adjacent to it (Chernihiv, Poltava, Cherkasy, Vinnytsia , Zhytomyr region);

2) submission of an application for admission (entry form) to the Credit Union;

A legal entity, in addition to an application for admission, submits a decision to the governing body of such a legal entity, authorized to make the relevant decision, on admission to the Credit Union. A member of the Credit Union is a legal entity acting through its manager or another person authorized to do so by its founding documents or through a representative.

3) adoption of the appropriate decision by the Supervisory Board/Management;

4) payment of entry and mandatory share contributions.

A person’s application for joining the Credit Union (entry questionnaire) is made in writing using the form established by the Supervisory Board of the Credit Union, and must be considered by the Board.

The acquisition of membership in the Credit Union begins on the day of full payment of the introductory and mandatory share fees by the person. First of all, the entrance fee is paid. In the event that the introductory and mandatory share fees are paid on different days, the day of payment of the mandatory share fee in full is considered the first day of membership in the Credit Union.

The Board has the right to make a decision on accepting or rejecting a person as a member of the Credit Union.

Entrance fee – a mandatory non-refundable monetary contribution, paid once, for the purpose of a person joining the Credit Union and is one of the conditions for acquiring membership in the Credit Union.

The person shall pay the entrance fee within three working days from the date of adoption by the Supervisory Board or the Management Board (in case of delegation of the relevant powers to it) of the decision to include the person as a member of the Credit Union, adopted in accordance with the person’s application.

Entrance fees are paid exclusively in cash. Entrance fees can be paid both in cash and in non-cash form.

The size of the entrance fee is the same for all members of the Credit Union – individuals and the same for all members of the Credit Union – legal entities and is set as a fixed amount and amounts to 10.00 (ten) hryvnias.

In the event of termination of a person’s membership in the Credit Union, the entry fee is not returned to him.

Mandatory share contribution – a mandatory, irrevocable monetary contribution of a member of the Credit Union during the membership of a person in the Credit Union, which is one of the conditions for acquiring and continuing membership in the Credit Union.

The person shall pay the mandatory share contribution within three working days from the day of adoption by the Supervisory Board or the Management Board (in case of delegation of the relevant powers to it) of the decision to include the person as a member of the Credit Union, adopted in accordance with the person’s application.

The amount, procedure and deadlines for payment by members of the Credit Union of the mandatory share contribution or additional funds to increase the size of the mandatory share contribution are determined by the decision of the General Meeting of the members of the Credit Union.

The size of the mandatory share contribution is the same for all members of the Credit Union – individuals and the same for all members of the Credit Union – legal entities and is set as a fixed amount and amounts to 1.00 (one) hryvnia.

Mandatory share contributions are paid:

– upon joining the Credit Union;

– by decision of the General Meeting of Credit Union members to increase the share capital of the Credit Union, namely:

* the amount of additional funds to increase the mandatory share contribution of a member of the “ЗАРАЗ” CS is the same for all members of the credit union – individuals, individual entrepreneurs and legal entities and amounts to 1,200.00 (one thousand two hundred) hryvnias and is carried out exclusively in cash form;

* an individual, an individual entrepreneur, a legal entity pays additional funds to increase the mandatory share contribution on an annual basis during the year until December 31 of the fiscal year. Additional funds to increase the mandatory share contribution can be paid as a single amount or in installments during the year until the specified annual amount is reached at the end of the reporting financial year, namely on December 31.