Bylaw Requirements. An applicant eligible for membership may be admitted to membership in First Community Credit Union upon payment of a membership fee, if any, as set by the Board of Directors and by establishing the minimum deposit balance established by the Board of Directors. A member whose obligations are defaulted and charged off as a loss automatically forfeits membership when that member’s shares are applied toward the balance of that obligation. Shares may be transferred only from one member to another by written instrument or in such form as the Credit Union may prescribe. A reasonable fee for each transfer may be required by the Board, as set forth in the Fee Schedule accompanying this Agreement.
Bylaw Requirements. The shareholdings of a member who fails to complete payment of one share within 6 months of his/her admission to membership, or of a member who reduces his/her share balance below $5.00 and does not increase the balance to at least $5.00 within 6 months of the reduction may be terminated from membership.
Bylaw Requirements. You must complete payment of $5.00 in your share savings account as a condition of admission to membership.
Bylaw Requirements. You must complete payment of one share in your Share account as a condition of admission to membership.
Bylaw Requirements. A member who fails to complete payment of one share within six months of his admission to membership, or within six months from the increase in the par value in shares, or a member who reduces his share balance below the par value of one share and has not increased the balance to at least the par value of one share within six months of the reduction may be terminated from membership
Bylaw Requirements. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 9, found in the Share Account section of this Agreement.
Bylaw Requirements. A member may not withdraw shareholdings that are pledged as required security on loans without the written approval of the credit committee or a loan officer, except to the extent that such shares exceed the member’s total primary and contingent liability to the Credit Union. A member may not withdraw any shareholdings below the amount of his/her primary or contingent liability to the Credit Union if he/she is delinquent as a borrower, or if borrowers for whom he/she is a comaker, endorser, or guarantor are delinquent, without the written approval of the credit committee or a loan officer.
Bylaw Requirements. You must complete payment of a membership share in order to maintain accounts at the Credit Union. The par value of a regular share in the Xxxxxxxx-Xxxxxx Federal Credit Union is $1. A member who fails to complete payment of one share within one month of his admission to membership, or within one month from the increase in the par value of shares, or a member who reduces his share balance below the par value of one share and does not increase the balance to at least the par value of one share within one month of the reduction may be terminated from membership. Member accounts in the Xxxxxxxx-Xxxxxx Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund. The rates contained on our website (xxx.xxxxx.xxx) are accurate as of today’s date or call the Member Service Center toll-free at 1-800-580- 3300. Savings Account 0.00% 0.00% $1 to open2 Checking Account (Including Really Free Checking and Business Checking) 0.00% 0.00% None RBFCU Classic Money Market Account $2,500 to $24,999.99 $25,000 to $74,999.99 $75,000 to $149,999.99 $150,000 and greater 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% $2,500 to open and earn the APY3 Tiered-rate account4 RBFCU Choice Money Market Account $2,500 to open and earn the APY3 $2,500 to $10,000 0.00% 0.00% Blended tiered-rate account5 $10,000.01 to $25,000 0.00% 0.00% Limit one account per primary owner6 $25,000.01 and greater 0.00% 0.00% $2,500 minimum balance requirement7 IRA Savings $5 to $24,999.99 $25,000 to $74,999.99 $75,000 to $149,999.99 $150,000 and greater 0.00% 0.00% $1 to open and earn the APY Tiered-rate account4 (Including Traditional and Xxxx XXX Certificates) $1,000 to $4,999.99 0.00% 0.00% $5,000 to $19,999.99 0.00% 0.00% $20,000 to $74,999.99 0.00% 0.00% $75,000 and greater 0.00% 0.00% $1,000 to $4,999.99 0.00% 0.00% $5,000 to $19,999.99 0.00% 0.00% $20,000 to $74,999.99 0.00% 0.00% $75,000 and greater 0.00% 0.00% $1,000 to $4,999.99 0.00% 0.00% $5,000 to $19,999.99 0.00% 0.00% $20,000 to $74,999.99 0.00% 0.00% $75,000 and greater 0.00% 0.00% $1,000 to $4,999.99 $5,000 to $19,999.99 0.00% 0.00% 0.00% 0.00% $1,000 to open and earn the APY $20,000 to $74,999.99 $75,000 and greater 0.00% 0.00% 0.00% 0.00% Tiered-rate account4 $1,000 to $4,999.99 0.00% 0.00% $5,000 to $19,999.99 0.00% 0.00% $20,000 to $74,999.99 0.00% 0.00% $75,000 and greater 0.00% 0.00% $1,000 to $4,999.99 0.00% 0.00% $5,000 to $19,999.99 0.00% 0.00% $20,000 to $74,999.99 0.00% 0.00% $75,000 and greater...
Bylaw Requirements. You must complete payment of a membership share in order to maintain accounts at the Credit Union. The par value of a regular share in the Xxxxxxxx-Xxxxxx Federal Credit Union is $1. A member who fails to complete payment of one share within one month of his admission to membership, or within one month from the increase in the par value of shares, or a member who reduces his share balance below the par value of one share and does not increase the balance to at least the par value of one share within one month of the reduction may be terminated from membership. Member accounts in the Xxxxxxxx-Xxxxxx Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund. Truth in Savings Fee Schedule An important benefit of membership is most fees and charges are lower than other financial institutions. Compare us and you will find many RBFCU services are free! The following fees may be assessed in connection with your accounts without advance notice to you. All fees are assessed at the time of service or deducted from your account. If the Available Balance is insufficient, you will be notified to pay the required fee. We may charge any of your accounts for any fee due. Any fees or charges assessed to us for extra service or special handling of your account will be passed on to you. This Fee Schedule is subject to change at any time. Members will be notified as required by law of any changes in charges that may be imposed on an account. Membership FREE Membership at Xxxxxxxx-Xxxxxx is FREE; just maintain the required minimum balance of $1 in your primary savings account. Account Reconciliation Research $15 per hour Bill Pay Service FREE Optional expedited same-day bill payment service is available for a fee of $12 charged by CheckFree. Cashier’s Check $3 each Coin Processing Fee (Member) 5% of value Coin Processing Fee (Non- member) 8% of value Checks $1 per copy (in excess of two copies per month) Statement $1.50 per copy Courtesy Pay Fee $24 per item For information on Courtesy Pay, please refer to the “Overdrafts and Overdraft Protection” section within your Membership and Account Agreement. Domestic (sent or received) $5 per item Foreign (sent or received) $15 per item Any external fees imposed by the issuing or paying institution are deducted from the collected item.
Bylaw Requirements. An applicant eligible for membership may be admitted to membership under the procedures set forth in our Bylaws, and the applicant shall become a member and be entitled to the rights and privileges of a member upon establishing the minimum initial share balance of $5.00. We may sweep funds from other share account(s) at Texans to maintain the minimum par value requirements in your share savings account. Membership in Texans Credit Union is not transferable. Members whose notes are defaulted and charged off as a loss automatically forfeit membership when their shares are applied toward the loan balance. In addition, if you have an account that does not maintain a required par value for a membership account, it will be deemed as a request to close the account and withdraw all funds, thereby voluntarily terminating membership in the credit union. The par value is not considered available for withdraw, and does not show in your available funds. The par value can only be withdrawn upon an express request from you, but is otherwise available for payment of your obligations to us.
