PHILADELPHIA – Ardent Credit Union said it has moved to a multiple common bond charter. This move expands membership eligibility beyond the five-county footprint specified in its previous charter and “positions the credit union for sustained growth,” Ardent said in a statement.
Specifically, the charter change removes geographic restrictions that previously limited membership to those who lived, worked, volunteered, worshiped or studied in Philadelphia, Montgomery, Delaware, Bucks or Chester counties in Pennsylvania.
“This is a transformative moment for Ardent Credit Union,” President and CEO Rob Werner said in a statement. “For nearly five decades, we’ve been committed to delivering smart, innovative banking with a personal touch. This change allows us to extend that same level of care and expertise to more people who are looking for a financial partner that truly puts their needs first.”
Three Pathways to Membership
According to the $871.6-million Ardent Credit Union, under the new charter, prospective members can qualify for Ardent membership wherever they live and work by enrolling in the American Consumer Council (ACC). The ACC is a national nonprofit focused on consumer advocacy and promoting financial literacy. For new members, Ardent said facilitates ACC enrollment at no cost during account opening.
“This charter change allows us to say ‘yes’ to more people, all while maintaining the same care and level of service our members expect,” Werner added in a statement.
Special Offerings
Ardent Credit Union said it continues to feature a number of special offerings, including:
- Auto Buying Concierge – Free one-on-one assistance from former car sales professionals
- First Home Concierge – Personalized support throughout the homeownership journey
- Slam Dunk CD – Competitive rates with bonuses tied to Villanova Men’s Basketball home wins
- Youth and Rookie Accounts – Banking and financial education tools for kids and teens
- Renovation Loan – The only home improvement loan that calculates the after-renovation value to determine your borrowing rate
