click
above to return to the home page
|
|
|
click
above to return to the home page |
||
|
Benefits of Membership |
| MEMBERS INSURANCE UP TO $250,000 BY THE NCUA
The shares in your credit union are insured by the National Credit Union
Share Insurance Fund (NCUSIF), which is backed by the full faith and credit
of the United States Government. The NCUSIF provides all members of federally
insured credit unions with $250,000 in coverage for their individual accounts.
These accounts include regular shares, share drafts, money market accounts
and share certificates. LOAN PROTECTION INSURANCE Credit life and Credit Disability Insurances are available to borrowing members wishing to purchase this type of coverage. Credit Life insures borrowers up to a maximum of $30,000 per loan. Under Credit Life coverage the maximum eligibility age is 65 with no maximum termination age. The Credit Disability insures
the borrower up to a maximum monthly benefit of $600.00. If the insured
is totally disabled for more than 14 days, then the disability benefit
will begin with the 1st day of disability. GAP INSURANCE GAP Insurance thru Allied Solutions is an optional benefit available to members at the credit union. Guaranteed Asset Protection called GAP is a non-insurance product that covers the “gap” between your vehicle’s value and the amount you still owe on your loan if your vehicle ever becomes totaled or is stolen and not recovered. It also provides you with an additional $1,000 toward the purchase of a replacement vehicle. The cost of this coverage is $215.00 For a complete list of benefits
and rules, please contact our office. The purchase of GAP is voluntary
and cannot be required as a condition of loan approval. GAP is not offered
as insurance coverage on your vehicle. SHARE DRAFT ACCOUNTS Share Draft Accounts are available
to eligible members with a Share Account. No monthly minimum balance is
required for this account. There is no monthly service charge on the share
draft account. Cancelled checks are not returned to the member; however,
share draft copies are available for a small fee. The first 50 checks
ordered are free from Harland Clarke. Overdraft and Courtesy Pay are available. VISA ATM/DEBIT CARDS VISA ATM/Debit cards are available to eligible members with their share draft account. You may use your VISA ATM/Debit card to purchase goods or services as if you were writing a check or at any ATM Machine. Your purchases are automatically deducted from your draft account – just like checks. There is a $2.00 monthly service charge for the ATM/Debit card. For a list of no surcharge
ATM’s – just contact our office. VISA CREDIT CARDS Along with a competitive rate, our VISA credit cards offer a variety of benefits that save you time and money, including credit lines up to $25,000, a 25-day grace period on purchases, balance transfers, and online account access. Simply call 1-888-415-6154
or apply online at www.myCUcard.com VISA GIFT CARDS Gift Cards by VISA are available
from $10 to a maximum of $500. They can be used anywhere VISA cards are
accepted with the exception of fuel purchases and hotel accommodations.
Gift cards are available to members for a $2.00 purchasing fee. MONEY ORDERS Money orders are available to members in any denomination up to a maximum of $1,000 for a small fee of $1.00 per money order. |
 |
 |
 |
 |
 |
||
| We do business in accordance with the Federal Housing Law and the Equal Credit Opportunity Act |
||||||
| Copyright
© 2010 - Derry Area FCU |
||||||