The minimum balance to maintain membership is $50 in a Regular Share Account. Dividends are computed on the average daily balance and compounded quarterly on the last day of March, June, September and December. Rates are determined by the Board of Directors at the end of each quarter.CHECKING ACCOUNTS
Our Share Draft Account requires no minimum balance and charges no monthly service fee. ATM access with our Debit Card are free with direct deposit. A line of credit loan and your savings account are also available for use as overdraft protection. Sign up for Teller Talk and perform balance inquiries, transfers and cleared checks inquiry from a touch-tone telephone any time of day.IRA ACCOUNTS
An Individual Retirement Account is a great way to reach financial security at retirement. Dividends are computed on the average daily balance and compounded quarterly. Rates are determined by the Board of Directors at the end of each quarter.CHRISTMAS CLUB
A convenient way to save for Christmas year-round. You decide on your monthly savings plan and end-of-year goal. Deposits may be made by payroll deduction, by mail or in person. Dividends are computed on the average daily balance and paid on April 30 and at maturity on October 31st.LOANS
Our primary concern is the financial well being of our members. We encourage our members to consult our loan officers when seeking financial help. Our loan policies are designed to meet the borrowing needs of our members within the guidelines of credit worthiness. Credit history, current ability to repay, existing debt and acceptable security are a few of the important factors considered by our loan officers. We can help your financing needs with the following types of loans: (Rates disclosed are the lowest rates offered by the credit union. Rates are determined by a credit performance evaluation, your actual rate may be higher depending on your individual credit history.)
- Signature (Personal)
- New and Used Automobiles
- Share Secured
- Line of Credit Overdraft Protection
- a completed loan application
- income verification reflecting the previous thirty (30) days worked
- and a non-refundable $2.50 fee to obtain your credit report.
The maximum allowance for this loan is $17,500.NEW & USED AUTOMOBILE LOANS
We finance 100% of the purchase order price on a new vehicle for well qualified members. Otherwise we will finance 80% or 90% of the purchase order price as determined by the credit performance evaluation of your individual credit history .
We finance 100% of the Kelly Blue Book Retail Value of a used vehicle not older than five years for well qualified members. Otherwise we will finance 80% or 90% of the Kelly Blue Book Retail Value as determined by the credit performance evaluation of your individual credit history.SHARE SECURED LOANS
The maximum allowance for this loan is determined by the amount of savings that you want to pledge as collateral.LINE OF CREDIT OVERDRAFT PROTECTION LOANS
The maximum line of credit is $3,000. Your line of credit will be determined by the credit performance evaluation of your individual credit history.