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 September 30th
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.
Back to School
Do you need some extra money for school supplies, scholl clothes, or that last mini-vacation before school starts? How about a Credit Union Signature Loan? With rates starting at 8.0%APR, you can take care of all of your back to school needs with one affordable payment.
Beware Imposter Scams Targeting Grandparents
AARP warns of the following scam:
You receive a call, usually late at night, from someone pretending to be your grandson or granddaughter. They tell you they're in trouble and need you to wire them money immediately. The caller also may pose as an attorney or law enforcement official contacting you on behalf of a friend or relative. No matter the story, they always want you to send money right away.
But beware, there's a good chance the caller is an imposter trying to steal your money!
Tips to avoid becoming a victim of this scam:
- Don't fill in the blanks. If the caller says, "Hi Grandpa!" or "it's me, your favorite grandson", don't offer a name. Instead, make the caller provdie a name by asking something like "Which one?". Many fraudsters will hang up, unable to answer.
- Ask questions that would be hard for an imposter to answer correctly, like the names of family pets or their mother's birthday.
- Don't trust wire transfer requests. Scammers like them because they can pick up the money in cash anywhere in the world, no matter where your "granchild" alleges to be.
- The best advice is to just hang up on late night "help me" calls from "grandchildren" and legitimately confirm their safety and whereabouts by phoning them or their parents yourself.
If you or someone you know has been a victim of identity theft or fraud, contact the AARP Foundation Fraud Fighter Center at 877-908-3360.
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