Products & Services
Loans | Deposit Accounts | Special/Convenience Services
 

Primary Share Account

The Primary Share account is the account that you must open to become a member of the credit union and to be able to open any other credit union account. Once your membership is established, you are an owner of the credit union and are eligible for all credit union services.

• $25.00 minimum deposit/balance to open account and maintain membership

• $50.00 minimum balance required to earn dividends

• Dividends are calculated daily and paid quarterly

• All deposits and withdrawals are made without penalty

Second Share Accounts

The Second Share account may be opened if you would like to save money aside for a special purpose such as a vacation or anything else you would like.

• No minimum deposit/balance to open and maintain account

• Dividends are calculated daily and paid quarterly

• All deposits and withdrawals are made without penalty

Holiday Share Account

The Holiday account is a perfect way to save for the holidays.

• No minimum deposit/balance to open and maintain account

• Deposits and withdrawals can be made at any time without penalty

• Dividends are calculated daily and paid quarterly

IRA Share Account

The IRA Share account can be used as an account to accumulate money until you have the $500.00 minimum deposit required to open an IRA Time Share Account.

• No minimum deposit/balance to open and maintain account

• Dividends are tax-deferred

• Dividends are calculated daily and paid quarterly

Electronic Debit Share Account

The Electronic Debit Share account is for those members who want an account that can be automatically debited on a regular basis but do not want a share draft (checking) account. This account is perfect for paying those recurring bills such as utilities, credit cards, or loan payments or investing monthly in a mutual fund. You must contact the company that you want to automatically debit your account to set up automatic payments with them.

• No minimum deposit/balance to open and maintain account

• Dividends are not paid on this type of account

• Deposits and withdrawals can be made at any time without penalty

Basic Share Draft Account

Our Basic Share Draft account is great for those who prefer a no frills account.

• $50.00 minimum deposit required to open account

• No minimum balance required once account is opened

• Unlimited checking writing

• ATM card available with no monthly fee and $.50 per transaction fee and $1.00 per transaction for out of state transactions

• Visa Check Card (debit card) is available for a small monthly fee of $1.00 and $.50 per transaction fee and $1.00 per transaction for out of state transactions

• Overdraft protection available for a fee of $5.00 per transfer from your share account or your loan overdraft account with approved credit

Standard Share Draft Account

Our Standard Share Draft account is for those who can keep a small minimum balance and want some extra benefits.

• $50.00 minimum deposit required to open account

• Minimum daily balance of $300.00 (There is a $5.00 monthly fee if the balance falls below $300.00 any day of the month.)

• One free box of our economy checks per year. ($5.00 credit per box of other checks ordered through the credit union)

• ATM card available with no monthly fee and 5 free transactions per month (There is a $.50 per transaction fee for each transaction over 5.) $1.00 per transaction for out of state transactions

• Visa Check Card (debit card) is available with no monthly fee and 5 free transactions (There is a $.50 per transaction fee for each transaction over 5.) $1.00 per transaction for out of state transactions

• First 30 drafts cleared free per month ($.25 per draft cleared over 30)

• Overdraft protection available with this account for a fee of $3.00 per transfer from your share account

Interest Plus Share Draft Account

The Interest Plus Share Draft account is for members who keep a higher balance and would like to earn dividends on their deposits.

• $50.00 minimum deposit to open account

• Minimum daily balance of $1,000.00 (There is a $15.00 monthly fee if the balance falls below $1,000.00 any day of the month)

• Four free boxes of our economy checks per year ($5.00 credit per box of other checks ordered through the credit union)

• ATM card available with no monthly fee or transaction fees except $1.00 per transaction for out of state transactions

• Visa Check Card available with no monthly fee or transaction fees except $1.00 per transaction for out of state transactions

• First 30 drafts cleared free per month ($.15 per draft cleared over 30)

• No-fee cashiers checks & no-fee travelers checks for two

• Domestic outgoing wire transfer fee reduced to $5.00 and free incoming wires

• 5 free copies of checks per year

• 0.25% discount on F.E.C.U. loans

• 0.25% bonus on F.E.C.U. time share accounts

• Overdraft protection available for free

Premier 55 Share Draft Account

The Premier 55 Share Draft account is available to any member 55 years of age or older. It has all the advantages of the Interest Plus Share Draft account. This account does not, however, earn dividends.

• $50.00 minimum deposit to open account

• Unlimited check writing

• Unlimited number of free boxes of our economy checks ($5.00 credit per box of other checks ordered through the credit union)

Time Share Accounts

• Minimum deposit of $1,000.00

• Maturity periods of 6, 12, 24, 36, 48, and 60 months

• Rates depend upon the term

• Dividends calculated monthly and paid at maturity on 6 month term

• Dividends calculated monthly and paid quarterly for terms of 12 months or more

• Dividends can be compounded (paid back into time share account), paid to your share account, or paid to you by check

• Time share accounts are automatically renewed at current term and at the rate in effect on date of maturity unless you provide other instructions

• Penalty for early withdrawal

Individual Retirement Accounts

The credit union offers Traditional, Roth, and Education IRA Time Share accounts. You can choose from 12, 24, 36, 48, and 60-month terms.

• Minimum deposit of $500.00

• Dividends calculated in same manner as our regular time share accounts

• Dividends are higher than on our regular time share accounts

• Substantial credit union and tax penalties for early withdrawal may apply

NCUA Share Deposit Insurance

The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member's deposits in credit unions up to the $100,000 federal limit. Administered by the National Credit Union Administration, the NCUSIF is backed by the "full faith and credit" of the U.S. Government.

CUNA Mutual  MemberCONNECT Insurance Program

This special marketing partnership between FECU and the CUNA Mutual Insurance Society allows CUNA Mutual to offer quality insurance products at reasonable group rates. These products are offered through direct response methods where the member is not pressured into purchasing insurance. Members can consider and study a variety of products while enjoying the privacy, comfort and convenience of their own homes.

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