Qualifying Shares represent the minimum Equity Shares required for membership in GECCU. These shares hold your voting rights as well as membership benefits. Existing members with less than the required Qualifying Shares will be depositors until the requirement is met. New members will be required to purchase 100 qualifying shares at a value of $1.00 each ($100.00). Qualifying Shares will not be withdrawable, except in the case of death or cessation of membership.