Space Coast Credit Union - www.sccu.com - 321-752-2222
Perspectives October 2012
At Space Coast Credit Union we work hard to provide you with the products and services that you need to help you achieve your financial goals. We are a full-service financial institution and can provide you with everything necessary to reach those goals. Whether it’s mortgage loans, car loans, savings accounts, or checking accounts, we have it. In this column, I wanted to highlight one of those services…our checking accounts.
We offer several different types of checking, including those that earn interest and those that don’t. We have accounts for those who have suffered credit challenges and those who want to earn a higher rate of return on their deposits. Whatever your goal, challenge, or expectation, we have the product for you. All of our accounts are easy to use and include 24-hour access to your funds.
Our Value Checking Accounts have a feature that many other accounts do not have. If you use the account, there is no monthly fee. That’s right! All you have to do is make 5 purchase or payment transactions in a calendar month and we will waive the minimum balance requirement and the monthly fee. You can reach these 5 transactions by writing checks, using your debit card, or making online payments using your account. These 5 transactions are counted across your household and will include anyone living at your address. This feature is part of our Member Rewards program at the Active level. Visit SCCU.com/rewards to learn more.
If you want to earn interest on your checking account, an Interest Checking or Money Market Checking Account may be the account for you. To avoid the monthly fee, you must maintain a minimum balance. If you are able to maintain a higher balance in your checking account and want to earn a higher return, then look at our Money Market Checking Account. We pay very competitive market rates.
Have you had a challenge opening a checking account or been refused by another institution? We offer the New Directions Checking Account to get you back on the right track. This account has a $10 monthly fee and limited ATM withdrawal access; however, after using the account in a responsible manner, these accounts are eligible to be converted to our regular accounts.
For those of you with a high deductible health insurance plan, we offer a Health Savings Checking Account. This account comes with a debit card you can use to pay qualified medical services. This makes it easy to save for and pay for those qualified medical expenses. Your employer can tell you if your insurance plan qualifies as a high deductible plan.
All of our checking accounts come with free Online Banking and free Bill Payer (powered by CheckFree). In Online Banking you can transfer funds within your accounts, make loan payments, view account history and statements, and set up Online Banking Alerts to monitor activity on your account. Our Bill Payer service allows you to “pay anyone” with just the click of the mouse. The commercials you have seen regarding the ease and time-saving features of Bill Payer are all true. Try it today! If you are not a user of Online Banking or Bill Payer, you can enroll online.
Once you enroll in Online Banking, you can also use two other services we offer as part of our Bill Payer suite: External Account Transfers and Popmoney. The External Account Transfers feature allows you to transfer funds easily and securely between your SCCU account and your accounts at other financial institutions. Popmoney lets you pay anyone in the U.S. using the recipient’s mobile phone number or e-mail, no matter where the recipient banks. You can send money directly to anyone’s bank account so you can avoid the dreaded “I owe you.”
All of our checking accounts also offer a debit card which carries the Visa® logo and allows you to access your account worldwide. At SCCU, there is no monthly fee or charge for the debit card. And our cards come with the zero liability feature. If your card is lost or stolen, we cover any unauthorized charges made on your account.*
For a complete list of all of our checking accounts, visit SCCU.com/checking, call the Member Service Center, or visit a branch location near you. I encourage you to open an account today to move one step closer to reaching your personal financial goals.
Timothy M. Antonition
EVP, Retail Operations
Chief Operating Officer
*Zero Liability: Visa’s Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify SCCU promptly of any unauthorized use. Consult SCCU for additional details for visit visa.com/security.
Copyright © 2013 Space Coast Credit Union.