APY IS CORRECT AS OF 06-01-2012
Regular shares and all other types of savings accounts that pay an average daily balance dividend, paid quarterly. Including Christmas club accounts a .25% APR with a .2502% APY is paid on all share types. There are no dividends paid on shares with less than a $200.00 balance. If an account has more than a $200.00 balance, than a dividend is paid on the full amount.
Minimum balance to open is $7.50
6 month certificate, minimum $1,000.00 paying a .50% APR with a .5011% APY
One-year certificates for $1,000.00 and up shall be paid a dividend rate of .75% APR with a .7525% APY.
If dividends on certificates were paid to a regular share account or share draft account, than the APY would not apply a penalty of 60 days dividends is imposed for early withdrawl.
Share Draft Accounts
A .25% APR is paid on all balances of $200.00 and over. If the daily balance exceeds $200.00 than dividends are paid on the full amount creating a .2502% APY
APY is based on a $1,000.00 balance with no activity in the account during the year.
Minimum balance to open $35.00
Fees Charged By The Credit Union
A membership fee of $2.50 is charged for any new member or joint owner of an account.
A $1.00 fee is charged for any credit union check drawn on a members account for $200.00 or less.
A fee of $30.00 will be charged for any stop payment on a credit union check drawn on a members account within 14 days from the date of the check.
Any check deposited into a members account that is returned for any reason will be charged a fee of $30.00.
Any member requesting a printout of their account between statement periods will be charged a fee of $2.00.
Share draft (checking accounts) a member purchases their drafts from the credit union. Prices vary due to style.
There are no fees for the number of drafts a member writes.
A fee of $30.00 is charged for any draft returned for NSF.
After (3) automatic transfers from shares per month to cover overdraft’s there will be a $30.00 transfer fee.
A fee of $30.00 is charged for any stop payment on a member draft.
A fee of $7.00 is charged for a photocopy of a members draft. (Free using on line banking)
A $30.00 fee will be charged to any dormant account when the account is transfers to the State of Ohio (Unclaimed Funds)
A $30.00 fee will be charged for any affidavit, order and notice of garnishment to a members account
ACH fees for NSF is $30.00 for each item.
A stop payment on an ach item is $30.00.
ACH overdraft will not be applied to a members overdraft loan.
There are no automatic transfers from regular shares to share draft accounts.
An $30.00 NSF fee will be accessed for automatic transfers.
Services Offered By the Credit Union
Money orders up to $1,000.00 A fee of $1.00 will be charged for each money order.
Signature loans up to $3,500.00
New and used auto loans
Members with a 720 credit score from Trans Union can receive a 3.50% rate with tax and title fees as down payment for all 2014 vehicles for up to 60 months only.
New auto loan rate 4.50% with tax and title fees as down payment
5.50% without tax and title fees (60 months financing only)
First mortgage loans up to $100,000.00 for 15 years with a 20% down payment.
Second mortgage loans up to 80% of the equity in your home. Up to a total of $100,000.00 for 15 years
First and second mortgages have a $300.00 fee for appraisal and title fees. All first and second mortgage loans must be the primary residence that a member lives in, with the exception of a second home which would be a summer home, motor home or camper. Some boats are considered mortgage loans.
Mastercard - Debit Cards
We now have Mastercard Debit Cards.
Access your savings account and withdraw up to $200.00 per day from your savings account or your checking account.
All purchases must be made from your checking account up to $500.00 per day used as a credit
Your card can be used at any Sheetz gas stations or Alliance One atm machine free of charge.
Fifth third bank machines are free of charge.
Transactions at any large Credit Union with a ATM machine with an Alliance One sticker on the machine is free of charge.
The first three (3) transcations from a atm machine in a month are free, the fourth one in a month and all thereafter the credit union charges a fee of $1.00.
All purchases with ATM debit cards are free of charge from your checking account.
There is a $2.00 fee to obtain a debit card.
To replace a lost or stolen debit card, a fee of $5.00 will be charged to your account.
Member requesting closing a debit card and applying for a new card will be charged a fee of $5.00
Member Pay Insurance
Life insurance on loans.
Disability insurance on loans.
All savings insured up to $250,000.00 by the NCUA. An agency of the federal government.
We are a equal housing lender, Members helping members
APR is Annual Percentage Rate.
APY is Annual Percentage Yield
All rates are subject to change without notice.