What qualifies a credit union’s eligibility to join ModernFi’s network?

ModernFi² partners with credit unions in good standing with regulators and compliant with all Anti‑Money Laundering and Know Your Customer requirements. ModernFi only places accounts at US‑based NCUA‑insured credit unions that are monitored by a U.S. federal or state governmental agency responsible for the supervision of financial institutions. First Entertainment Credit Union maintains complete control over the credit unions that can receive your funds. Furthermore, you and First Entertainment Credit Union always have full transparency into the allocation of your funds.