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ACCOUNTS
Shares / Savings
Your share deposit of $5.00 establishes your credit union membership. Share accounts are insured with the NCUA up to $100,000. Dividends are paid on accounts $25.00 and over on a quarterly basis. Statements are also on a quarterly basis.
Share Draft / Checking
 River City Community Credit Union offers free checking to all of our members. Opening deposits must cover the cost of the checks ordered. All checks are the duplicate type. Monthly statements will be mailed to the member on a timely basis.
Free checking involves:
- No minimum balance required
- No per-check fees
- No monthly service fees
- Free Debit card (must apply & qualify)
- Free on-line banking
- Free direct deposit available
- Overdraft Protection available
Christmas Club:
This club account is designed for the member who wishes to set aside money for their holiday purchases. Deposits may be done thru payroll deduction or over-the-counter in any fixed amount and will be deposited into your savings account on Nov 1st. Dividends are paid monthly on this account.
Share Certificates:
Share certificates are a safe way to invest your money for a set amount of time at a higher interest rate than regular savings. We currently offer 3-month, 6-month, 1 yr., 2 yr. and 3 yr terms at competitive rates.
IRA:
We offer Traditional IRA’s, Roth IRA’s, and CESA accounts.
You may start out with an IRA savings thru payroll deduction until it accumulates to at least $1000.00 and then turn it over to a l yr., 2 yr, or 3 yr. certificate. What an easy and painless way to save for your retirement and enjoy tax savings at the same time.. We also accept transfer monies from a 40l(k) or other pension funds should you change jobs or are terminated.
LOANS
SHARE SECURED: The balance in your share account is the collateral. A hold is put on the balance that secures the loan. Your shares continue to earn dividends while being pledged as collateral.
CD SECURED: A Certificate on deposit with this Credit Union is the collateral. The loan maturity is the same as the CD’s. Your CD continues to earn dividends while being pledged as collateral.
PERSONAL SIGNATURE LOANS: No collateral is required. Amount of loan is determined by individual credit worthiness.
NEW AND USED VEHICLE AND MOTORCYCLE LOANS: 100% financing available, including sales tax and registration fees. Proof of value is determined from dealer purchase agreements and/or blue book value guides. Length of loan determined by age of vehicle.
NEW AND USED RECREATIONAL VEHICLES: This includes snowmobiles, 4 wheelers, boats, and campers. 100% financing available, including sales tax and registration fees. Proof of value is determined from dealer purchase agreements and/or blue book value guides. Length of loan determined by age of collateral.
 SECOND MORTGAGE/HOME EQUITY LOANS: Amount is based upon the value of your primary residence less your first mortgage balance and/or any other liens. Collateral for this type of loan is your home. Loan to Value (LTV) determined by individual creditworthiness. Use the equity in your home to make home improvements or to consolidate debt.
 MORTGAGE LOANS: Available for purchasing a new home or to refinance your current mortgage. We offer competitive terms and rates.
OTHER PRODUCTS
CREDIT CARDS
 VISA credit cards are available to our membership with no annual fee at a competitive rate. Stop in or call for the VISA application.
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Tabular Disclosure |
Annual Percentage
Rate (APR) for
Purchases |
VISA Classic
12.9% |
| Other APR's |
Cash Advance APR............12.9%
Balance Transfer APR.........12.9% |
Grace Period
for Purchases |
25 days |
Method of Computing
the Balance for
Purchases |
Average Daily Balance
(Including new purchases) |
| Annual Fee |
None |
Minimum Finance
Charge |
None |
Transaction Fee for Purchases........................................................None
Balance Transfer Fee........................................................................None
Late Payment Fee.............................................................................$10.00
Over -the-Credit Limit Fee...............................................................$10.00
Card Replacement Fee.....................................................................$10.00
Returned Chec/NSF Fee .................................................................$15.00 |
ATM/DEBIT CARDS
ATM cards can be used to conveniently access your savings account at the River City Community Credit Union, whether you are in LaCrosse or out of state.
DEBIT cards are available for our members who have a share draft account in good standing. They may be used at any ATM machine (using your assigned pin number), for purchases, on-line or telephone payments – anyone who accepts Mastercard. The money is deducted directly from your available share draft balance.
Both ATM and DEBIT cards incur no monthly or yearly fee.
VISA TRAVELMONEY CARD
This card is the new plastic Travelers cheques. It is a prepaid card that is PIN and signature protected. It is reloadable with a minimum load of $250 and a maximum of $9,999 with up to a 24-month expiration.
CASH PASSPORT
Cash passport is a PIN based Stored Value card that is an alternative to cash or Travelers Cheques, especially if traveling outside the United States. They can be used only at VISA ATM’s throughout the world. The card is reloadable and has a 3-yr expiration date from the date of activation.
VISA GIFT CARDS
This card is signature based, loaded with a specific amount of money that can be used anywhere VISA is accepted.
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