This page will give you information on our deposit accounts, loans and other services we offer.

DEPOSIT ACCOUNTS

(FULL ACCOUNT DISCLOSURES ARE AVAILABLE)

SHARE SAVINGS ACCOUNT

 IN ORDER TO BE A MEMBER, YOU MUST HAVE A MEMBERSHIP SHARE SAVINGS ACCOUNT. YOU MAY ALSO HAVE OTHER ACCOUNTS FOR YOUR OWN SPECIAL SAVINGS NEEDS. DIVIDENDS ARE DECLARED AND PAID QUARTERLY, BASED UPON THE DAILY BALANCE.

SHARE DRAFT CHECKING ACCOUNT

OUR SHARE DRAFT (CHECKING) ACCOUNTS ARE PROVIDED TO YOU WITH NO MONTHLY FEES OR PER CHECK FEES AND THERE IS NO MINIMUM BALANCE REQUIREMENT. YOU PAY FOR YOUR OWN CHECKS AND MAY PURCHASE THEM FROM US OR ANOTHER VENDOR THAT YOU MIGHT PREFER. WE HAVE OVERDRAFT PROTECTION AVAILABLE, OTHERWISE YOU WOULD BE CHARGED FOR AN NSF FEE, OR IF YOU NEED A SPECIAL SERVICE, SUCH AS A STOP PAYMENT ETC. NO DIVIDENDS ARE PAID ON SHARE DRAFT ACCOUNTS.

SHARE CHRISTMAS CLUB ACCOUNT

THESE ACCOUNTS START IN MID-OCTOBER AND PAID OUT AT THE SAME TIME. YOU SPECIFY THE AMOUNT THAT YOU WANT DEPOSITED IN THIS ACCOUNT EVERY PAY. THIS ACCOUNT IS NOT AVAILABLE FOR WITHDRAWAL, IF YOU DO NEED THIS MONEY AN EARLY WITHDRAWAL FEE WILL BE CHARGED. AFTER THE FIRST PAY IN OCTOBER YOUR CHRISTMAS CLUB WILL BE TRANSFERED TO YOUR SAVINGS ACCOUNT. DIVIDENDS ARE PAID QUARTERLY.

SHARE CERTIFICATE ACCOUNTS

THESE ACCOUNTS ARE ESTABLISHED FOR A SPECIFIC TERM AT A SPECIFIC RATE. THERE IS A $500.00 MINIMUM DEPOSIT MAXIMUM OF $100,000.00. DIVIDENDS ARE PAID QUARTERLY. THERE IS A PENALTY FOR EARLY WITHDRAWAL.

LOANS

SIGNATURE            CO-MAKER               USED VEHICLES     

SHARE SECURED      NEW VEHICLES          RECREATIONAL VEHICLES

MOBILE HOME(NEW AND USED)                HOME EQUITY(Fixed Rate)

ANY CREDIT UNION MEMBER THAT HAS BEEN EMPLOYED BY LAUREL HEALTH SYSTEM, BROAD ACRES AND TRUCK-LITE FOR MORE THAN 90 DAYS WILL BE CONSIDERED FOR A LOAN. NO NEW MEMBER OUTSIDE THE FAMILY WILL BE GRANTED A LOAN UNTIL THREE MONTHS AFTER THE ACCOUNT HAS BEEN ACTIVE OR UNLESS SHARE SECURED.

WE OBTAIN CREDIT REPORTS FROM TRANSUNION AND USE OTHER CRITERIA SUCH AS DEBT TO INCOME RATIO, LENGTH OF EMPLOYMENT, ETC. TO APPROVE OR DISAPPROVE LOAN REQUESTS. OUR TURN AROUND TIME IS APPROXIMATELY 2 TO 4 HOURS AFTER RECEIVING THE LOAN APPLICATION. A ONE TIME $5.00 LOAN APPLICATION FEE IS CHARGED TO FIRST TIME BORROWERS.

YOU CAN PICK UP AN APPLICATION AT THE CREDIT UNION OFFICE, WE WILL MAIL YOU AN APPLICATION OR WE WILL BE GLAD TO FAX YOU ONE.

MISCELLANEOUS SERVICE

DIRECT DEPOSIT AND PAYROLL DEDUCTION

WE CAN ACCEPT PAYROLL DEDUCTION OR DIRECT DEPOSIT FROM ANY AGENCY OR EMPLOYER CAPABLE OF TRANSMITTING INFORMATION THROUGH THE FEDERAL RESERVE ACH SYSTEM OR BY MEANS MUTUALLY AGREEABLE TO BOTH THE ORIGINATOR AND THIS CREDIT UNION.

FOR CORRECT ROUTING NUMBER AND ACCOUNT INFORMATION,PLEASE CONTACT THE CREDIT UNION DURING NORMAL BUSINESS HOURS. THIS WILL ENSURE YOUR DEPOSIT IS NOT DELAYED OR REJECTED DUE TO IMPROPER POSTING INFORMATION.

DIRECT DEBIT TO YOUR ACCOUNT

YOU CAN AUTHORIZE AN OUTSIDE COMPANY TO MAKE DEBITS TO EITHER YOUR MEMBERSHIP SHARE ACCOUNT OR YOUR SHARE DRAFT CHECKING ACCOUNT. PLEASE BE VERY CAREFUL IN GIVING OUT INFORMATION TO HAVE THIS SERVICE PERFORMED. MOST COMPANIES ARE VERY REPUTABLE AND THERE ARE NO PROBLEMS WITH THIS SERVICE , HOWEVER BE LEERY OF ANYONE PHONING YOU AND REQUESTING ACCOUNT INFORMATION FOR ANY REASON. ALWAYS GET A CONTACT NAME,ADDRESS AND PHONE NUMBER AND IF THERE IS ANY QUESTION, ASK THE COMPANY TO SEND YOU AN AUTHORIZATION TO SIGN TO ESTABLISH THE AUTOMATIC DEBIT.

VISA CU CHECK/DEBIT CARD