SAVINGS
PRODUCTS
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Savings Account
Our savings account allows you to save money at a competitive rate. With
just a small $5 deposit you can open an account and begin taking advantage of all the other benefits of membership.
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For your convenience you can make deposits by payroll deduction, direct deposit, by mail, or in person.
Withdrawals can also be easily made by mail, transfer (call us or use PAL), or in person. We can even transfer the funds to your Credit Union checking account for quick access.
Money Market Account
This account acts as another savings account that allows you to earn a higher yield. RCCU pays you to save at the Credit Union. Open this account with any amount of deposit. Here is how it works:
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$2,500 minimum balance to earn dividends
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Dividends compounded and credited monthly
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Unlimited deposits
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Three withdrawals/transfers monthly
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May be payroll deducted
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Share Certificates
The Credit Union offers both short and long term certificates with competitive rates to help you meet you savings goals.
Dividends accrue daily and are paid quarterly. Fixed rate certificates are available with 3, 6, 12, 24, 36, 48 and 60 month terms
$1,000 minimum deposit.
Individual Retirement Account
An Individual Retirement Account (IRA) is a personal, tax-deferred savings plan that is a great way to save for retirement. A Credit Union IRA doesn't cost anything, in fact, it pays you. Your money earns dividends, so for every dollar you deposit, you get your dollar plus interest in return and your contributions may be tax deductible (consult your tax advisor).
Your Credit Union offers three types of IRAs: the Traditional IRA, the Roth IRA and the Education IRA. Both Daily IRAs and IRA Certificates are available. Dividends Accrue Daily and are paid quarterly. Funds are insured up to $100,000 in addition to other accounts at the credit union.
Checking Account
By having a Credit Union checking account you will have access to all your funds immediately. A Credit Union checking account is convenient and saves you money. Just check out the benefits of our account:
MasterMoney® Debit Card
A more convenient way to access your checking account. Make purchases from your checking account as easily as using a MasterCard®. Present the card at the time of purchase and the amount will be automatically deducted from your Credit Union checking account. Use your RCCU debit card instead of writing a check at over 12 million places worldwide - wherever MasterCard is accepted: department stores or grocery stores, beauty salons,
restaurants, home shopping. Plus access to cash at ATMs worldwide.
Club Account
Saving for a vacation or Christmas can be easy with a club account. No minimum deposit and the convenience of payroll deduction makes saving easy.
Genesis
Club
The Genesis Club is designed for children ages 13 to 17. The purpose of this club is to provide young members with Credit Union benefits and services that fit their needs. Many are getting their first job, first car, heading off to college. RCCU is here to assist our youths in taking these “first” steps. Only a $100 minimum balance is required to earn dividends. Checking accounts and limited credit is available. Be sure to check the Genesis newsletter in quarterly statements and online as well.
Captain Cash Kid's Club (For kids 12 and under)
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Children need to begin learning the importance of saving money at a very early age. The Captain Cash Kids Club offers a fun and an educational way for your child to learn about money. Requires no minimum balance to earn dividends. Certificate available with $250 minimum deposit. Kid's club members will receive a quarterly "Captain's Log" newsletter.
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Click here for current rates!
LOAN
SERVICES
The Credit Union offers a variety of loans to meet your financial
needs. Each member is assured of receiving friendly and confidential service. Loan arrangements can be made by
telephone, mail, fax or in person. Since there are no prepayment penalties, additional payments can be made at any time.
Click here to apply for a loan!
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Vehicles (new & used)
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Non-Licensed Vehicles
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Boats
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RVs
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Motorcycles
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Signature (Unsecured)
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Savings & Certificate Secured
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Vacation
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Computer
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First Mortgage Lending Service through USA Financial
Services, Inc.
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Home Equity
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Fixed Rate Second Mortgage
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VISA Credit Card
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Auto Warranty Coverage
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Guaranteed Auto Protection (GAP) Insurance
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Credit Life & Disability Payment Protection
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Line of Credit Loan
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N.A.D.A. Quotes
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Click here for
current rates!
OTHER SERVICES
Access to First Mortgage Loans through USA Financial Services, Inc. Pre-Approval on Loans Payroll Deduction - An easy and convenient way to handle your financial obligations. Savings, checking funds and loan payments can be automatically deducted from your payroll check. Direct Deposit - Any regularly recurring check can be deposited directly into your checking or savings account. Examples are payroll, social security, pension, spouse's payroll, etc. PAL (Personal Access Line) Audio Response - PAL is a FREE service to you and as easy as 1, 2, 3. Wire Transfers Discount Theme Park Tickets - The Credit Union offers discount tickets to several theme parks such as Six Flags Kentucky Kingdom and Kings Island. Magic Kingdom discount club cards are also available. (Subject to season availability)
Fee Schedule
| Fee Description |
Fee Amount |
| NSF Check |
$25.00 |
| NSF ACH Item |
$25.00 |
| NSF ATM/POS Item |
$25.00 |
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| Stop Payment |
$10.00 |
| Statement Copies |
$1.00 per page |
| Check Copies |
$3.00 each |
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| Account Research |
$20.00per hr. |
| Returned Deposit Item |
$15.00each |
| Overdraft Transfer |
$2.00 per transfer |
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Excess Savings
Withdrawal
(2 withdrawals allowed each month) |
$1.00
each |
| Wire Transfer (Domestic) |
$15.00 |
| Official Check to 3rd Party |
$2.00 |
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| Certified Check |
$3.00 |
| Returned Postal Item |
$2.00 |
| Account Maintenance (dormant) |
$2.00 per mo. |
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| Check Printing |
varies by style |
| Check Cashing (Non-Member) |
$3.00 - $5.00 |
| Replace Debit/Credit Card |
$5.00 each |
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| Garnishment/Levy Processing Fee |
$25.00 |
| Late Loan Payment |
$10-$25
after 15 days |
| NSF VISA Payment |
$25.00 |
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| Late VISA Payment |
$10 after 10 days |
| VISA Annual Fee - Personal Card |
None |
| VISA Annual Fee - Corporate Cards |
$3.00 per
yr. |
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