CU Services

Savings:
Our regular savings are available through payroll deduction, mail in deposits, 24 hour ATM card and over the counter transactions. Your savings can accumulate to meet long and short term financial goals at a competitive dividend rate.

Accounts may be opened with as little as $26.00 and there is never a fee to deposit or withdraw money. We offer several different types of savings accounts including: Regular savings, Christmas, Vacation and Special tax accounts.

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Term Savings - Share Certificates:
Share certificates are available from 3 months and up with varying dividend rates tailored to meet your financial goals. The rate is fixed during the entire term of the certificate allowing you to budget your income and avoid earning rate downturns.

Compare our rates against your current institution and we think you'll be pleasantly surprised. Certificates can be purchased in amounts from $1,000 - $100,000.

All savings and certificates products at Wayne County Community Federal Credit Union are federally insured by the NCUA, a U.S. Government Agency.

Note: All certificates carry an early withdrawal penalty.

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Payroll Deduction
Available to any member whose employer participates with us in the payroll deduction plan. It's easy to sign up.

Here's the plan...
You decide what amount you should save each payday. Payroll deduction can put money into your share savings account, Share draft checking account, or any other share account.

You can even have money deposited into accounts for your spouse or children.

• Your share savings earn competitive dividends.
• You save frequent trips to the Credit Union office.
• Gasoline and your time are valuable. Payroll deduction can save both for you.
• No worries about late loan payments.

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Direct Deposit
Put your money to work faster, and avoid standing in lines by having your pay deposited directly to your share savings or share draft checking account. Direct deposit is a simple and easy way of having payments you normally receive by check sent directly to the Credit Union to your preferred accounts.

Practically any type of payment you receive on a regular basis can be directly deposited with us.

• All Government checks
• Your Payroll check
• Pension checks
• Stocks and savings dividends
• Annuities

Direct Deposit means convenience and safety.

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Loan Services
A very important service of your credit union is to loan money to our members "for a worthwhile purpose".

When can I apply for a loan?

• Loan application must be completed
• Credit report is required
• Verification of income (ex. current paystubs; Social security and Pension checks; W-2; or form 1040 from income tax).

What types of loans are offered?

• New and used car loans
• First mortgage loans
• Loans for a worthwhile purpose
• Home Equity Line-Of-Credit (Variable Rate)
• Share secured loans
• Various type loans (ex. Boat, Rv, Mobile Home and non title vehicles)
• Signature Loans (unsecured)
• Share certificate loans

How are loans approved?

• Ability of the member to repay
• Credit record of the member
• Collateral offered by the member

Can I re-apply for a loan before an existing note is paid off?
Yes! Whenever the need exists: by filling out a new loan application.

Why borrow at your credit union?

• Your credit union usually has the lowest interest rate loans
• There are no hidden charges when you borrow at the credit union.
• Interest is computed only for the time that you have the money. Based on the daily unpaid balances.
• No prepayment penalties!
• Your payment can automatically be withdrawn from your credit union savings accounts.
• Creative financing - Let's talk.

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Share Drafts (Checking)
Check with us - You'll never check elsewhere.

Our share draft account is like a checking account wth debit card accessability.

With our share draft account you get:

• No monthly service charges
• No minimum balance required
• Monthly statements
• Duplicate carbon checks
• Unlimited check writing
• Direct deposit available
• Copied of drafts available on request for a nominal fee

Misuse or misconduct of this account : The credit union reserves the right to close this account with no prior notification required.

Stop paying for your checking and check with us.
We've got a good deal for you.

Overdraft Privilege
We may as a courtesy pay the check or debit up to $300 including the overdraft fee.  You must bring your account into a positive balance within 30 days.

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Visa Card
All credit cards are not created equal! At first glance there may not appear to be many differences between the credit card you already have and a Credit Union Visa card, but looks can be very deceiving.

Compare Annual Fees ... A Credit Union Visa Card Costs Less To Get ... Our Card Has No Annual Fee.

Compare Interest Rates... A Credit Union Visa Costs Less To Use... Compare Our Other Features.

• 25 day grace period:
  A 25 day grace period allows you to pay off the entire purchase balance without incurring any financing charges.

• Low minimum monthly payments:
  The minimum payment due each month will be $20.00 or 5% of the balance, whichever is greater.

• Accepted worldwide for all purchases

• Cash advances available: You may obtain cash advances from any institution or ATM displaying the VISA logo. A finance charge will be applied to the average daily unpaid balance of cash advances from the date of the advance.

Isn't it time you traded in your credit card for a credit union visa card?

No Annual Fee ... Low Fixed Rate

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