Savings
Share Savings Account earn dividends on balance of $100.00 or greater
Christmas Club save for Christmas and earn dividends
Share Certificates Earn a higher dividend on six to 60 month certificate with a minimum of $1,000
IRA Individual Retirement Account
Money Market Share Savings Account Earn higher dividends on balances greater than $2,500 than in a regular share savings account but have ready access to the balance.
Special Share Savings Account To help you save for something special
Junior Savers Members age 13 to 17 can become part of Junior Savers. With a Junior Savers Share Savings you will earn dividends on your first $5 deposited. Also, with a qualified sponsor you will get your own Share Draft Account (checking) and a free Visa Debit Card. You may also invest in a Share Certificate with a minimum of $500 for a 6 month term. We also offer a fun website link,
Kids Klub - Members age 12 or younger can join Kids Klub. With a Kids Klub Share Savings you earn dividends on your first $5 deposited. Also, you may invest in a share certificate with a minimum of $500 for a 36-month term. We also offer a fun website link,
Share Draft/Checking Account
Checking Account We offer a free Share Draft Checking Account with no minimum balance or per check charges. Free Visa Check Card that you may use at the merchant or at an ATM machine. Overdraft protection from your share savings account will automatically transfer from your share savings to cover an overdraft. Maximum allowed unsigned transfers from savings account allowed by law is six per month. Checks may be ordered conveniently online or over the phone. You may access your Share Draft history online or over the phone.
Courtesy Pay Overdraft Protection
What is Courtesy Pay? Courtesy Pay is a service that adds a measure of protection to your checking account. Courtesy Pay may cover your insufficient funds checks, up to a $500 limit, for one low fee per covered overdraft transaction. That means, instead of returning a check to the merchant because of insufficient funds, the credit union may pay your check, saving you additional charges from the merchant collection companies, in addition to the credit union's insufficient fund fee. It saves you the embarrassment an inadvertent overdraft can cause. It also helps protect your credit rating.
How Does Courtesy Pay Work? Overdrafts on your checking account, up to a limit of $500 (including the amount of the overdrawn item(s) and the Courtesy Pay fee(s)) may be honored by Metco Credit Union. A $25 fee will be assessed for each item that draws your account negative. You then have up to 30 days to bring the account current, either through a direct deposit, transfer of funds, or a deposit at our office.
What If I Already Have Overdraft Protection? If you have established other overdraft protection methods, such as a line of credit or automatic transfer from your other accounts, we will always look to pay any overdraft by those other methods first before paying your overdraft utilizing Courtesy Pay and imposing a $25 fee for each overdraft we pay.
Do I Have To Apply For This Service? No. We require no applications or additional signatures. As long as you are a member in good standing which includes having an account with us for at least 60 days, you make regular deposits to that account, bring your account back to a positive balance regularly, and there are no legal orders against the account, your Courtesy Pay privilege remains activated.
Courtesy Pay is a way for us to provide a higher level of service to our members by helping protect your account and reputation when an inadvertent overdraft occurs.
Loans
Auto We will loan up to 115% of the retail value of the auto depending your credit history and the age and condition of the auto. Terms up to 72 months.
Home Equity We offer both a fixed rate and an open-end line of credit. The fixed rate is for five years and you may borrow up to 100% of the tax-assessed value of your home. The open-end line of credit has a draw period of 180 months and a payoff of period of 180 months and you may borrow up to 100% of the tax-assessed value of your home. The rate on the open-end line of credit may increase or decrease every quarter based on the Prime rate.
Personal You may borrow up to $10,000 unsecured for a maximum term of 48 months.
Recreational Boat, Motorcycle, Snowmobile, Jet Ski, Travel Trailers, Motor Homes and more.
Products
