Our Loan Rates Come With No Strings Attached
Some financial institutions offer low rates but these rates often come with "strings" attached: must have a checking account with direct deposit, must make a certain number of transactions each month, must pay through auto pay, must sign up for e-statements, must have our credit card, etc.
At the IBEW Local #56 FCU, once you are approved for a loan at a given rate, you aren't required to do any of the above. "No Strings Attached".
Click Here for Vehicle Rates
Click Here for Home Equity Special - Effective until July 31st
Youth Week Celebration
We are excited about our 24th Annual Youth Week Celebration August 10 - 14, 2015. There will be prizes and raffles for Members ages 18 and younger who make at least a $5.00 deposit into their existing account or a $25.00 deposit into their new* account.
Bring in your children, step-children, and grandchildren so they can learn about saving. Open a new* account for your newborn, (up to their 1st birthday) and we'll deposit $5.00 into their account.
*Social Security Card required to open all new accounts.
Are you stumped looking for that perfect gift?
How about a CU-Money Visa Gift Card? Perfect for graduations, weddings, showers, or birthdays! The cards can be used anywhere that accepts Visa Debit Cards. There is a $2.50 activation fee and cards can be loaded in any amount from $10 - $1,000.
Traveling this Summer?
CU-Money Visa Travel Cards can make your vacation a breeze. There is a $9.95 purchase fee and the cards can be loaded in any amount from $100 - $5,000. Use them at the point of sale and at ATMs. Cards can be re-loaded multiple times for a $2.00 fee per re-load.
What is a Credit Score?
A credit score is a number that reflects the information in your credit report. The score summarizes your credit history and helps lenders predict how likely you will repay a loan and make payments when they are due. Lenders may use credit scores in deciding whether to grant you credit, what terms you are offered, or the interest rate you will pay on a loan.
Information used to calculate your credit score can include:
- The number and type of accounts you have (credit cards, auto loans, mortgage, etc.)
- Whether you pay your bills on time
- How much of your available credit you are currently using
- Whether you have any collection actions against you
- The amount of your outstanding debt
- The age of your accounts
Banking at Your Leisure
Do you want the opportunity to look up account balances and account activity, as well as to do transfers between your Credit Union Accounts at your convenience? If so, then Home Banking is for you! Contact the Credit Union office for the required form to sign up for this convenient service.
You can now get your monthly and quarterly statements online. When you log into your home banking account, click on the "Statements" tab to sign up for E-Statements.
We encourage you to have your paycheck, social security, pensions, unemployment, etc. electronically deposited into your credit union account.
Benefits of Direct Deposit Include:
Transfers funds securely & directly into your Regular Share or Share Draft (Checking) Account
Eliminates the risk of lost or stolen checks
Quick access to your funds
Access funds easily with a credit union Debit Card
Saves on trips to your credit union
Peace of mind when you're out of town
Helps protect the envirmonment
If convenience and safety are important to you, Direct Deposit is the way to go!
Did you know that your family members and members of your household (persons living under your roof) are eligible to join your Credit Union? To join, they need a current photo ID (unless they're a child), social secuirty number, a $25 share deposit, and a .25¢ membership fee.
Family Members include your:
Spouse Children Stepchildren Grandchildren
Parents Stepparents Grandparents Brothers & Sisters