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| Share (Savings) Account* |
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$5.00 minimum balance requirement |
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Dividends are accrued daily and paid quarterly on balances over $200.00 |
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Allows access to all other products and services of the credit union |
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Gives one voting share at the annual meeting |
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| Share Draft (Checking) Account |
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No monthly service charges |
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No minimum balance requirements |
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No limit on number of checks that can be written |
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Overdraft protection available from any share account |
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First 50 checks are free |
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Check reorder-Liberty Checks |
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| Share Certificates (CD'S)** |
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Minimum balance is $1000.00 |
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Certificates range from 6 months to 36 months |
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See Rate & Fee schedule for current rates |
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Certificates are automatically renewed at current rate unless credit union
is otherwise notified |
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| Christmas Club Accounts |
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Dividends are accrued daily and paid quarterly on balances over $200.00 |
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Deposits to Christmas Clubs can be made at any time |
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Funds in Christmas Clubs are dispersed the first week in October either by
check or by transfer to a share or share draft account |
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Funds may be withdrawn early, but the account must be closed until the next Christmas Club year. |
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LOANS
Automobile Loans |
Personal (Signature) Loans
| Share Secured Loans
Recreational Loans | Real Estate Loans
| Visa Classic Credit Card
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| Automobile Loans |
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100% financing available |
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Repayment terms up to 72 months |
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Optional life and disability insurance available |
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Automatic transfer available to make your monthly payment from your share or share draft account |
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See Rate & Fee schedule for current rates |
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| Personal (Signature) Loans |
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Loans available up to $4000.00 based on years of service at current job |
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Repayment terms up to 36 months |
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Optional life and disability insurance available |
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Automatic transfer available to make your monthly payment from your share or
share draft account |
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See Rate & Fee schedule for current rates |
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| Share Secured Loans |
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Loan is pledged against share account or share certificate on deposit at
credit union |
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Share account or share certificate is frozen for the amount of the loan, but
still receives dividends |
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As loan is paid down, shares become available for withdrawal
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Repayment terms up to 15 years
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Optional life and disability insurance available
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See Rate & Fee schedule for current rates |
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Certificates are automatically renewed at current rate unless credit union
is otherwise notified |
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| Recreational Loans |
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100% financing available on new recreational vehicles or watercraft |
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Repayment terms up to 10 years |
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Optional life and disability insurance available |
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Automatic transfer available to make your monthly payment from your share or
share draft account |
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See Rate & Fee schedule for current rates |
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| Real Estate Loans |
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First mortgages, second mortgages, and home equity loans are available |
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First mortgages are funded through a referral service with CU Members
Mortgage |
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Terms and conditions are dictated by the underwriter and current real estate
market |
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Contact CU Members Mortgage for rates and application at 1-877-316-6434 |
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Contact credit union for any other questions regarding real estate loans |
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| Visa Classic Credit Card |
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No annual fee |
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Low 12.90 annual percentage rate |
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25 day grace period for repayment of balances for purchases |
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No minimum finance charge |
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No transaction fees for purchases or cash advances |
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Other Services Available at Toledo Postal Employees Credit Union |
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Online Banking |
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MAC/STAR ATM cards |
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Alliance One surcharge-free ATM network-see link
for nearest ATM locations |
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Direct deposit |
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Payroll deduction |
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Family membership |
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Lifetime membership |
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Free notary service |
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Savings insured to $100,000.00 |
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Wire transfer service |
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N.A.D.A. Blue Book guides |
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Check cashing service |
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Financial planning |
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* Account fees may reduce earnings.
** Early withdrawal will result in a penalty of 90 days interest.
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