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Members United Federal Credit Union offers loans only to members of this Credit Union. Any member having at least one share ($25.00) on deposit is eligible to apply for a loan. Competitive rates, a variety of payment plans, and the availability of payroll deduction payments add to the attractiveness of borrowing from the Credit Union. Answers to loan requests can generally be given within 24-48 hours. The funds that the member will borrow have been built up by their own savings and the savings of other members. All Credit Union loans are granted based upon the member's credit history, ability to repay and the collateral offered. See us for these and other loan needs such as:
 Share accounts are Credit Union savings accounts . This primary account has a $25.00 minimum deposit requirement which is set aside as your "share" of the Credit Union. The current minimum balance to earn interest, or dividends in credit union terms is only $50.00. If for any reason you fall below the $50.00, no fee or financial penalty will be instituted. Currently, dividends are paid on a monthly basis. Vacation & Special Savings Accounts - Save money for insurance, vacations, bills and other personal reasons while you earn dividends on the deposits. This not only is a great way to organize your financing, it also eliminates the worry of meeting your financial obligations. For example, when it comes time to pay a bill, you know the funds will be there.
YouthSavRz - For our youngest members, we feature a YouthSavRz account. Primary Members under the age of 18 are eligible for the YouthSavRz account, which has a $5 share par value, and pays 1.00% apy on all balances of $5 and up. To qualify for a youth account, the primary member must be under the age of 18, and deposits must be for the qualifying youth. Christmas Club Accounts - Don't let the holidays strap you for cash. Start your Christmas Savings Club account today. It only takes $5 to open and we can automatically transfer the funds from your direct deposit, so there's no fuss, no worry. And any time you want to add extra funds, it's easy to do. Save ahead for the holiday shopping rush by depositing a little each payday. You'll be surprised how quickly the deposits and dividends add up and in the third week of October the funds will be automatically transferred into your Regular share savings account.
You can join the Credit Union by completing a membership card for either a single or a joining account. Initial deposit into a regular share account of $25.00 is required to become a member.
Once you are a member of the Credit Union, you will always be a member.
IRA Retirement Plans An Individual Retirement Account (IRA) is a savings program that lets you set aside money for your retirement. Either a Regular or Roth IRA will help supplement your retirement income. The savings on deposit are tax deferred and the accrued dividends from the deposit can allow a comfortable retirement. Regular and Roth IRA Share certificates are also available in terms from six to 36 months with the same tax deferred earning potential. All members earning compensation at some time during the year are eligible. It does not matter whether or not you are an active participant in any other retirement plan. A spouse may also open an IRA account. Once you have established an IRA, you may contribute up to $4,000.00 per year ($4500 if you are age 50 and over). You may make the contribution yourself or you may have it deducted from your paycheck and have it transferred directly to your account.
You may make withdrawals from your IRA at any time; however, since an IRA is a long term investment designed to help you save for your retirement, penalties will be assessed for early withdrawals. You may make withdrawals from your IRA without penalty once you reach the age of 59 ˝ or if you become permanently disabled.
Further questions about an IRA may be answered by contacting your Credit Union. An IRA is easy to establish and our staff will be glad to help you in any way possible.
Share Certificates & Money Market Accounts A Share Certificate is a certificate on deposit for a required period of time. This account typically earns higher dividends than any competitor's CD. Share certificates offer a secure investment vehicle for a minimum deposit of only $1,000.00. In return for depositing your funds in a certificate, you will receive a special rate of interest on your funds. The rate of interest you receive will depend upon the length of time you deposit your money. If funds are withdrawn before maturity, a penalty may be assessed. With terms from six to 36 months, members can enjoy a short or long term investment in a Regular Share, Regular IRA or Roth IRA Share certificate. For further details on the variety of certificates offered, contact your Credit Union. A Money Market account is a share account that earns high yields and allows accessibility to the funds. The minimum balance requirement is only $2,500.00 with up to three withdrawals allowed monthly without penalty. Withdrawals must be for $500.00 or more. The rate of interest you receive is based on the amount in your account with the rate of return being higher for larger deposits.
 Share Draft Checking Account and Members MaxxTM Premium Checking
 Share draft checks are only available to Credit Union members. Share draft checks look like and are used in the same manner as checks. This is where the similarity ends. No per draft fees, no monthly service charges and no minimum balance penalties are some of the benefits to this great service. You purchase the style of share draft you want. The Credit Union has a wide assortment of styles available for you to choose from. When a share draft is written, a carbonless copy is automatically made for your records. This will lessen the chance of failing to record an entry in your share draft register. If needed, a copy of the cancelled draft can be obtained for a small charge.
Overdraft protection is available to cover those unexpected "short of funds" occurrences for a small fee. You'll also receive a monthly statement for easy balancing.
Members MaxxTM Premium checking. Our Members MaxxTM checking is far different than anything offered by our competitors. With a minimum balance of just $250, you get all the following benefits:
· Free Members MaxxTM Checks (up to three boxes annually) · Free Leather Checkbook Cover* · Free Coin Counting · Free Visa Travellers Cheques for One. · Free Money Orders & Cashier’s Checks · Free Notary Services · Free Account Access Through Perfect Teller Internet Access or Through Sybil Audio Response Phone System. · .25% Increase in Non-Special CD Rates* · .25% Decrease in Approved Loan Rates* Dividends are paid from $250 and up and features tiered rates. If you’ve been thinking about checking with us, now is the time! No per-check fees! No monthly fees! No teller fees! What are you waiting for? Switch your checking account to us today! *Limited time offer. Checkbook covers limited to quantity on hand. We reserve the right to change or suspend the program at any time, with or without notice.  Credit, Debit & ATM Cards
 What is a Check (Debit) Card? A Members United Federal Credit Union Check, or Debit Card is a safe, convenient and easy way to pay for purchases and obtain cash at ATMs. Use it like a credit card, but purchases are automatically deducted from your share draft account. No monthly bill to pay, and no interest. If you do not have a checking account, you can apply for a Members United ATM card. Advantages:
Are you paying too much for your credit card privileges?
There is an alternative to high credit and interest rates. Because your credit union offers the world's leading credit card… The VisaTM Classic Card. But you want choices too! So we offer the Visa Platinum Rewards Card, the Visa Classic Card and the Visa Secured Classic Card. Consider the Advantages…
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