Share Savings:
Deposits can be made in person, through an automatic
payroll deduction, wire transfer, or through the
mail. Withdrawals may be made in person, a mailed
cashiers check, or via a wire transfer. A minimum
of $5.00 (membership share) is required for each
member in the base share savings account. A member
may have up to 10 “sub” savings account.
A “sub” share account requires no minimum
balance. Interest is computed on a daily basis and
paid quarterly.
Share Draft (Checking)
Personal and business accounts are available.
Dividends are paid on a monthly basis and there
are no service charges regardless of balance.
Overdraft lines of credit are available with a
FCEFCU checking account.
Share Certificates
The minimum deposit to purchase a share certificate
is $500. Interest is paid at maturity for 3, 6,
and 12 month certificates. Certificates of 18,
24, 30, or 36 months pay dividends and compound
on a quarterly basis.
Traditional IRA
Accounts can be opened with a minimum of a $500
deposit. There are no service fees to maintain
an IRA account. Transfers, rollovers, and new
accounts are all welcome. IRA certificates are
available for terms in 6 month increments between
6 months and 36 months.
College Savings
A higher paying savings account set up in a child’s
name with the parent as the joint owner. The parent
retains full control of the account until the
child turns 18. No withdrawal limitation but we
encourage parents to use this account as a long
term savings plan for their kids. This is an excellent
account to use for an automatic payroll deposit.
Money saved in the college savings account can
also be rolled in to share certificates with a
minimum of $500 to earn an even higher return.
Wire Transfers
Click
Here for Instructions on Outgoing Wire Transfers
Click
Here for Instructions on Incoming Wire Transfers
Cashiers checks
Cashiers checks are available free of charge for
checks made payable to the member. For cashiers
checks payable to a 3rd party a charge of $2.50
per check after 3 free of this type.
Direct Deposit
The Credit Union is set up to receive direct deposits
and automatic debits electronically free of charge.
MasterCard Debit Cards
Access your money 24 hours a day from anywhere in the world with a FCEFCU MasterCard debit card. A debit card is like using a plastic check and will be accepted anywhere that accepts MasterCard. Limits can be adjusted for each individual member as needed.A debit card can be used for purchases at merchants everywhere and the funds are directly withdrawn from your FCEFCU checking account with no fees or costs. When using the debit card for purchases simply either click on “credit transaction” or request a signature transaction from the merchant. Debit cards may also be used for cash withdrawals from any ATM machine. Please note that cash withdrawals are subject to a $1.00 transaction fee from FCEFCU and the individual ATM machine may also make an additional charge. Contact the Credit union if you would like to order a FCEFCU debit card.
Low Loan Rates
FCEFCU does numerous types of consumer lending
all at no cost to the member. There are no prepayment
penalties, hidden costs or add-on charges of any
kind in our loan agreements. Both secured and
unsecured consumer loans are available to members.
Click Here to apply
for a loan online.
Home Banking
Online banking is now available. You can log on
from any computer at any time of the day. Account
history, printable statements, the ability to
view cleared checks, transfers, withdrawals and
more options are available. There is no charge
to the member for online banking. Call or email
if you wish to sign up for online banking.
$100,000 NCUA Account Insurance
Share accounts are insured to $100,000 by the
National Credit Union Administration, a U.S. government
agency. In addition FCEFCU is covered by a blanket
surety bond covering all officials and employees
against fraud, embezzlement, theft, robbery, forgery,
or any dishonest act involving Credit Union assets.
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