The certificate of organization shall state:
(1) The name of the proposed credit union and the city, town, or village in which its business office is located;
(2) The names and addresses of the subscribers to the certificate, and the number of shares subscribed by each;
(3) A statement that organization as a credit union is desired under this particular law;
(4) The par value of the regular shares, which shall not exceed one hundred dollars;
(5) The par value of membership shares, if any, which shall not be less than twenty-five nor more than one hundred dollars.