Payroll DeductionAs much as we like seeing you every payday, it may be more convenient and safe for you to consider asking your employer if they have the ability to send a portion of your pay to your account here Wayne County Community Federal Credit Union. If so, this is a great way to make loan payments or put a little aside for a rainy day or a special event, or for real estate taxes, insurance premiums, etc. Payroll deductions are available by employer approval only. WCCFCU does accept payroll deductions when they are sent electronically. You will need to provide your employer with your WCCFCU member number, Routing Transit Number (241281594) and whether you would like the payroll deduction to your savings or checking account. Talk to your employer today to see if this option is available.
If you would like your Payroll Deduction to be distributed to a loan, or multiple accounts, just let us know after your deposits start. We can set-up your account to distribute the funds automatically every time they deposit.
Overdraft ProtectionPlease ask any associate for information about this program, as there are required disclosures that must be presented to the consumer (member).
Free Notary Service for MembersWith proper photo identification, upon request. You may want to call ahead to confirm the notary is working and is available. No fee for members of the credit union.
Auto Value AssistanceWhen purchasing or selling a vehicle, it is important to make certain of the fair market value of the vehicle. It is important to know the value for insurance purposes as well. We will be happy to assist you with obtaining a NADA (National Automobile Dealers Assn) price valuation for a vehicle. There is also an online guide at www.nadaguides.com. This is the guide we (as lenders) use to make sure the value of the vehicle is appropriate to the sales price. Be sure to use the zip code feature, as some vehicles are more popular (and valued higher) than others. For example, 4x4 trucks may be more popular in Ohio than in Florida.
These are valuations based on the condition of the vehicle, such as "rough", "average" or "clean". If you have an exceptionally clean vehicle, you should document the condition of the vehicle with photos, options and prices with dates. If the vehicle is stolen or wrecked, you may need this documentation to prove the vehicle's higher-than-average value to the insurance company paying the claim.
- Kelley Blue Book also has vehicle valuations.
- First Time New Car Buyer Guide at Edmunds.com
- Here's a You Tube video that helps explain the difference between the book prices, especially if there are wide differences. https://www.youtube.com/watch?v=sWu-Sk2RUPc.
- Find vehicles for sale in this area, or compare your vehicle's price aginst other vehicles for sale at AutoTrader.
- Is the vehicle stolen, now or in the past? Could the vehicle have been in a flood? NICB's VINCheck is a free service provided to the public to assist in determining if a vehicle has been reported as stolen, but not recovered, or has been reported as a salvage vehicle by cooperating NICB member insurance companies. To perform a search, a vehicle identification number (VIN) is required.
Signature LoansWe call it a Signature Loan, but it's really a personal loan that requires no collateral.
Borrow up to $5,000 for individual (or up to $10,000 for joint, or 2 people) for whatever you need! You'll get your money fast, and you'll have just one low fixed monthly payment. When you apply, your Signature Loan is based on income, credit history and ability to meet current credit obligations.
Minimum $1,000 original balance. Payments will vary based on the amount borrowed, and the rate and term of the loan. A personal financial statement may be needed for some signature loans. Verification of employment (such as current pay stubs) or proof of income (such as tax returns) are needed to process signature loans. Bring account numbers and balances (and addresses) of accounts to be paid off with loan proceeds. The amount you may be able to borrow and the rate are based on the credit and qualifications of the borrower(s).
Refinancing: To refinance an existing personal loan, you are asked to have the loan open for at least a year or have the loan half paid-down, and to borrow at least an additional $500 on top of your current payoff.
Alternative InvestmentThis program is not available. Refer back to this website for any announcements.
Other Accounts for Christmas | Taxes | Vacations | Etc.Members may choose to have other accounts (often called Sub-Accounts) associated with their primary savings account. These sub-accounts may be set up for a specific purpose, such as savings for taxes or vacations, or for gifts for Christmas.The rates paid on this account may vary. No coupons are issued. Accounts may be opened (or closed) by the member at any time without penalty.
Members may also choose to open a Christmas Club or Holiday Club savings account that may be opened in December or January. The initial deposit must be at least $50, and the account earns interest after the first $100 in Club savings. The amount saved over the course of the year is deposited into your savings account on or around December 1st each year. The rates paid on this account may vary. No coupons are issued. There is a penalty for early withdrawal equal to the interest earned on the account.
You may set up an automatic transfer from your Primary or Main Savings savings account for a set amount on a schedule to help you save. Other ideas for a special savings account may include: Homeowner Property Taxes, Back-to-School, Vacation or Cruise, Emergency Fund, Tithing (for religious reasons), etc.
ACH Direct DepositStill receiving a paper check on pay day? Worried that you won't have enough time to deposit it? Give yourself the gift of time and less stress by having your pay direct deposited into your Wayne County Community Federal Credit Union account.
Once received, your pay check will be deposited directly into either your Wayne County Community Federal Credit Union Checking or Regular Savings Shares. Even if you are out of town, your money will be deposited and available to you.
You Can Use Direct Deposit for:
- Civil Service Retirement (OPM)
- VA compensation or pension
- Tax refunds
- Military civilian pay
- Social Security
- Investment dividends
- Or any time you are to receive funds from a company!
Once a direct deposit exists on your Wayne County Community Federal Credit Union account, the funds are available for access through online and mobile banking, as well as your debit card at retailers and the ATM, plus Bill Payer Service and more.
Set Up Direct Deposit
When starting Direct Deposit to your account, be sure you have ATM access and/or checks before initiating Direct Deposit. Start by contacting your payroll/personnel office, federal agency or the company sending you money and ask how to sign up for Direct Deposit. You will need to provide the company or agency with the following information:
- Wayne County Community Federal Credit Union Routing Transit Number (241281594), and your Wayne County Community Federal Credit Union account number (specify if checking or savings), or give the company one of your voided WCCFCU checks. (Your account number is also on your Membership Card, and the WCCFCU routing number is on the card also.)
- The office or agency will tell you when Direct Deposit will begin, and can answer any questions regarding partial payroll amounts and the timing of deposits. Typically Direct Deposit takes one or two payroll/deposit cycles to begin. If it doesn't, please do not submit another application. Instead, contact your office or agency to see if it is pending.
Debit/ATM MastercardWhen using the card at a merchant:The Wayne County Community Federal Credit Union MasterCard® functions as an ATM Card linked to your Savings, Checking and other transactional accounts you may have. You may use ATMs in the Alliance One network or the MoneyPass Network with no fee or surcharge. The card also acts as a debit card, so you can use the card at merchants and vendors using the internationally-recognized MasterCard network.
When using the card at a merchant: At a glance, the merchant may not know if the WCCFCU MasterCard® debit card is a debit card, credit card or both. The merchant (or the card reader) usually will ask "Debit or Credit?", or you swipe your own card and are prompted to make a selection with the push of a button. Your decision merely determines how the purchase will be processed. The funds will always be deducted from your Checking Shares.
When you select "Credit": purchases are processed by the MasterCard® network. You are required to sign a receipt like you would with a credit card purchase and funds in your Checking are put on "hold" until processed.
The advantages to choosing "Credit" are:
- Purchases may be protected by MasterCard's rules and regulations that allow you to dispute charges improperly processed by merchants.
- MasterCard debit (choosing credit) is more widely accepted with merchants as a form of payment.
- In some instances, merchant payment terminals are set up to default to (or practically) force "Debit" transactions. In these instances, you are not given the option to select "Credit". Tell the merchant you prefer a "Credit" transaction.
When you select "Debit": your purchases are processed by the STAR® or MoneyPass System. Therefore, you need to enter a PIN (your four digit code) and funds are immediately deducted from your Checking.
- You should select "Debit" when you want cash back from the merchant. It saves you a trip to the ATM, and provides funds when you really need it!
Other MasterCard Debit Card Information: For lost/stolen cards: Please call Wayne County Community Federal Credit Union immediately at (330) 669-2117 or (330) 682-2117 during normal business hours. If it is after normal business hours for the credit union, then call (866) 987-1457 to have your card blocked. On the next/following business day, you will need to call the Credit Union at (330) 669-2117 to have a NEW card number issued.
- Remember: If your card has been lost or stolen and we are not notified within 24 hours, you could be liable for all transactions that were done with the card and card information. We cannot put stop payments on any transactions being done with your debit card.
For any disputes: You must ALWAYS contact the merchant first - noting the date, time and person you spoke with before disputing anything with the Credit Union. Then, if the merchant will not do a refund, you will need to call (866) 987-1457 Monday - Friday 8 a.m. to 8 p.m. in order to dispute the transaction(s). There is a fee of $25 for EACH dispute in question that will be charged by the credit union. You as the member could be liable for the first $50.
When using the card at an ATM:
- You can also use your Debit Card as an ATM Card as well. The card is assigned a PIN or Personal Identification Number (mailed to you seperately from the card mailer). Using the card and the PIN, you may pull cash from your account, or move funds or check balances at an ATM.
- A fee for some transactions may be assessed by the owner of the ATM. Some transactions may incur a fee if the transaction put the account into a negative balance.
- Wayne County Community Federal Credit Union does not operate proprietary (our own) ATMs, but does offer a networks of local ATMs for our members to use right here in Wayne County. These include ATMs operated by Farmers National Bank, US Bank, Westfield Bank and Directions Credit Union.
Click here for a list of the ATM locations in Wayne County.
You can also locate ATMs anywhere by visiting MoneyPass and Alliance One networks.
Loan ProtectionYour lender will expain some of the products available that may assist borrowers in situations of disability or loss of life.