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CHECKING
• FREE Checking
• No minimum balance required
• Debit Card/ATM available
• Unlimited check writing
• Monthly statements
• No withdrawal charge at
SUM Network
participating ATM’s
SAVINGS
REGULAR SHARE SAVINGS ACCOUNT
Deposits can be made:
• Payroll deduction, Direct Deposit, ACH
• Night Deposits
• Mail
• Over-the-counter at the credit union office
Withdrawals can be made:
• Over-the-counter at the credit union office
• Workers' Federal Credit Union Internet Banking
Benefits:
• Earn competitive dividends.
Click here for current
rates.
• Dividends are compounded quarterly
• Quarterly Statements
*Your savings are
federally insured to $250,000.00 by National Credit
Union Administration (NCUA) a United States Government
Agency.
**Your credit union has made sure that no portion of
your share accounts will be uninsured, up to certain
legal limits. Massachusetts Credit Union Share Insurance
Corporation (MSIC) insures your savings that exceed the
federal deposit insurance limit generally $250,000.00
per insured account holder.
CERTIFICATES
Minimum Balance
Minimum balance is $500 or
$1000 depending on the term.
Penalty is up to 6 months depending on the term.
Dividends
Dividends are compounded
monthly. All certificates are subject to an early
withdrawal penalty of 6 months’ dividends depending on
term.
Certificates are automatically renewed unless you
instruct the credit union to do otherwise.
LOANS
VISA CREDIT CARD
A Workers' Federal Credit Union VISA card is convenient
and easy to use. With our low interest rates and no
annual fee, you'll save money. Applying is easy! Simply
come in to the Credit Union and fill out an application.
Credit Lines from $500.00 to $20,000.00.
Click
HERE to check
out your credit card information online.
DISCLOSURE OF RATES AND
TERMS
Click here for
account agreement
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Annual percentage
Rate (APR) |
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9.90% |
|
Other APRs |
- |
Penalty Rate:
14.90%,
if payment goes over 60 days late. |
|
Grace period for
purchases |
- |
25 days on
Average |
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Grace period for
cash advances |
- |
None |
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Method of computing
the balance for purchases |
- |
Average Daily
Balance
(including new purchases) |
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Annual Fees |
- |
None |
|
Minimum Finance
Charge |
- |
None |
|
Transaction Fee for
Cash Advances |
- |
None |
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Balance Transfer Fee |
- |
None |
|
Late Payment Fee |
- |
$20.00 |
|
Return Payment Fee |
- |
$25.00 |
The information provided was
accurate as of 05/01/2012. However, it is subject to
change. For current information call us as 860-684-4484.
REAL ESTATE LOANS
Workers' Federal Credit Union is proud to offer our
members Federally Secure Mortgage Programs - FHA, VA,
Rural Housing, and Reverse Mortgages. Several Options
for members looking to purchase or refinance and receive
cash out. 96.5% and 100% financing available.
FHA/FHA 203K
Purchases or Refinances with lower Fico scores and
higher LTV's. Solid fixed rate loans. Also loan
rehabilitation on new or current homes.
VA Mortgages
30 Year Fixed Rates 100% Financing No PMI Available on a
purchases and 90% LTV cash out.
Reverse Mortgages
A valuable financial tool for seniors, 62 and older.
This mortgage option gives them the opportunity to
increase their monthly cash flow so they may live their
life to the fullest.
Rural Housing
100% financing on purchases in small suburban/rural
areas. No PMI.
Conventional
Very Competitive Fannie Mae and Freddie Mac Rates.
Home Equity Line of Credit - SPECIAL!
NEED CASH?
WE HAVE MONEY TO GIVE AWAY!
Ask About Our Fixed Rate Home Equity Special!
Interest as low as 2.99%
• Pay for Home Improvements
• Consolidate Bills
• Pay for Education
• Pay off Medical Bills
• Buy a New Car, Boat, RV, etc.
Interest on Equity Loans may be deductible!
Minimum Credit
Score required. Maximum term of 84 months. Loan-to-Value
70% or less. New Loans only. WFCU Refinance ineligible.
VEHICLE LOANS
Auto Loans
Auto loans are available with flexible terms and
competitive rates. We even offer 100% financing to
qualified applicants for both new and used cars. We can
even pre-approve you before you go shopping.
Recreation Loans
Let the credit union help you to purchase a camper,
trailer, or RV to vacation with. We can help make that
happen. You’ll find that our competitive rates and
convenient terms help keep your payments affordable.
CONSUMER LOANS
Personal Loans
• Consolidate bills, pay off high-interest credit cards,
or meet other expenses.
• Check rates and terms.
Secured Loans
Secure a loan with share savings and share certificates
as collateral.
Christmas and Vacation Loans
Summer Savings
A great way for teachers to have access to money during
the summer months.
Click here for current rates.
Christmas Club
A great savings tool for all of your needs during the
holiday season.
Click here for current rates.
Vacation Club
Save for that dream vacation!
Click here for current
rates.
Check rates and terms
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