LOAN PROTECTION AND LIFE SAVINGS INSURANCE
The credit union supplies to you life insurance on your shares (savings) and your loans at no direct cost to you.
Your loans are covered up to $30,000.00 aggregate total. What this means is that you may have multiple loans totaling up to $30,000. 00 and if something should happen to you, your loans would be paid in full up to the $30,000.00. You must not have turned 70 before death and no pre-existing conditions applied.
The credit union also supplies insurance on your savings (share) accounts up to $4,000.00. What this means is that if you have $4,000.00 in you account by the age of 55 and maintain that insurance until your death, the insurance company will match the balance. Therefore, who ever is joint owner on your account or payable on death account owner will receive the original $4,000.00 and your beneficiary will receive the death benefit of $4,000.00. The credit union pays the premium.
For more information regarding this insurance, please contact the office.
OTHER SERVICES FOR OUR MEMBERS:
- Money orders – 80 Cents per money order no larger than $1,000.00
- American Express Travelers Checks – Free to members unless needing the Two Plus signature Travelers Checks and then they are $.50 per $100.00
- Direct Deposit
- Payroll Deduction
- Night Deposit
- Electronic Tax Filing
- Nada Book Prices over the phone
- On Site drive up ATM
ALLIANCE ONE
Alliance One now offers selective-surcharging ATMs in 36 states. The alliance was formed to provide credit unions the ability to offer their members access to surcharge free ATM terminals – especially when traveling, but now includes members of other types of financial institutions such as community banks and thrifts.
Members of participating financial institutions can look for the blue and white Alliance One logo on ATMs or use their website to locate a convenient selective-surcharging ATM nearby. www.atmallianceone.org
Number of participants in Alliance One – 1241 with 3376 ATMs.
