The membership committee may approve any person who has the following qualifications, in addition to those requirements set forth in paragraphs 4.4 and 4.5, namely, the person must:
 

a)	Have three year's experience in the deposit brokerage business or in a financial, or financially related business, whether as an employee or partner;
b)	Be engaged in the deposit brokerage business or a financially related business on a full-time basis;
c)	Have qualified personnel available at place of business during normal business hours;
d)	Have an acceptable office or place of business;
e)	Be financially stable;
f)	Provide character references from a least three sources, two of whom must be either a trust company, savings and loan company, or bank;
g)	Have obtained a volume of $500,000 (per institution) long or short term deposits, with at least four different financial institutions;
h)	Not excluded from membership by his/her professional association.

Types of Membership

Regular Members - Any person

a)	who is an individual 18 years of age or over, or a corporation registered in any province of Canada of a federally registered corporation, or partnership; and
b)	who applies to the secretary of the corporation in writing to become a regular member, and is approved by the membership committee; and,
c)	who pays the initial membership fee, shall, upon acceptance of his/its initial application by resolution of the board of directors of the corporation, be a regular member of the corporation for that membership year for which the fees are paid and so on from year to year so long as the annual membership dues are paid thereafter.

Associate Members - Any person

a)	who is an individual 18 years of age or over, or a corporation registered in any province of Canada of a federally registered corporation, or partnership; and,
b)	who is employed or associated with a regular member (whether as joint venturer, subsidary, franchisee, partner),
c)	who applies to the secretary of the corporation in writing to become an associate member, and is approved by the membership committee; and,
d)	who pays the initial membership fee, shall, upon acceptance of his/its initial application by resolution of the board of directors of the corporation, be an associate member of the corporation for that membership year for which the fees are paid and so on from year to year so long as the annual membership dues are paid thereafter.

Provisional Members - Any person

a)	who is an individual 18 years of age or over, or a corporation registered in any province of Canada of a federally registered corporation, or partnership; and
b)	whose volumes or other qualification may not qualify him/it for membership as an associate or regular membership; and,
c)	who applies to the secretary of the corporation in writing to become a provisional member; and
d)	who pays the initial membership fee, shall, upon acceptance of his/its initial application by resolution of the board of directors of the corporation, be a provisional member. After two years of provisional membership, a provisional member shall be assessed membership fees equivalent to that of a regular membership even if the qualifications of regular membership have not been met.

Affiliate Member - Any person

a)	who is an individual eighteen (18) years of age or over,  or a corporation registered in any Province of Canada or a Federally registered corporation, or partnership; and
b)	who is sponsored by, submits a letter of reference from and maintains a business relationship as an affiliate of a Regular Member in good standing of the Federation; and
c)	who applies to the Secretary of the Corporation in writing to become an affiliate member; and
d)	who pays the initial fee and shall upon acceptance of his/its application by resolution of the Board of Directors of the Corporation be an affiliate member.  The affiliate member can, upon satisfying the requirements, apply for another class of membership that fulfills their/its desired level of participation in the Federation.  NOTE: There are no volume requirements to be attained by an affiliate for membership.