Centric Federal Credit Union caters to members who are mostly in the central part of the US and provides them with full financial services and benefits. Here is an overview of what you should know about Centric FCU:
Services:
- Personal Banking:
- Checking Accounts:
- Basic Checking: This is a simple, no-fuss account that comes with fewer fees.
- Interest-Bearing Checking: Pays you interest on your balance, usually with a higher minimum balance requirement.
- Reward Checking: Pays cash back or other rewards on qualifying transactions.
- Savings Accounts:
- Regular Savings: The most standard type of savings account, with attractive interest rates.
- Money Market Accounts: Greater returns and balance requirements.
- Certificates of Deposit (CDs): fixed terms that pay fixed rates of return.
- Online and Mobile Banking:
- Access account, make payments and deposit checks directly through their site or mobile app
- Credit Cards:
- Visa/MasterCard: Several credit cards to display, with variable schemes and offers.
- Personal Loans:
- Unsecured loans can be taken for a pool of personal needs such as holiday, consolidation of another debt, home renovation.
- Home Loans:
- Mortgages: Financing for buying or refinancing homes.
- Home Equity Lines of Credit (HELOCs): In order to use the equity present in your home.
- Business Banking:
- Business Checking Accounts: For small and medium-sized businesses
- Business Savings Accounts: Business savings
- Business Loans: Loans, from equipment loans and lines of credit to commercial real estate loans.
- **Merchant Services: ** The products for business payments.
- Investment Services:
- **Retirement Accounts: ** They provide not only IRAs but other types of retirement plans.
- **Investment Products: ** You get lots of investment opportunities that are going to help grow your wealth.
- Insurance Services:
- **Membership Insurance: ** It protects account balances as well as loans.
- **Property And Casualty Insurance Services: ** All sorts of personal and business property coverage.
- **Financial Planning: **
- Counseling and Advice: Support for budgeting, saving, and financial planning.
- Wealth Management:
- Investment Management: To professionally manage investment portfolios.
- Trust Services: Estate planning and trust administration.
Benefits:
- Member-Owned Structure:
- Being a credit union, Centric FCU is owned by its members, where the profits are returned in the form of good rates and low fees.
- Competitive Rates:
- Typically pays higher interest rates on savings and charges lower interest rates on borrowed money than traditional banks.
- Low Fees:
- Generally much lower fees associated with account maintenance and transactions.
- Community Focus:
- Stronger community ties and increased support for community interests.
- Personalized Service:
- Better service orientation with more attention paid to individual member needs
- Convenient Access:
- Branch Network: Physical branches for in-person services.
- ATMs: A wide network of ATMs enables easy access for account management remotely.
- Online and Mobile Banking:
- Online and mobile services to manage accounts anytime, including for bill payment and the depositing of personal checks.
- Educational Resources:
- The credit union shall make available financial education resources to its members so that they can make well-informed decisions.
- Enhanced Security:
- A lot of heavy emphasis is placed on the security of member data and a guarantee that it will be secure in any type of transaction.
Eligibility:
– Membership requirements: Membership is typically based on geography, place of employment, or being associated with organizations. Confirm specific eligibility information with Centric FCU.
How to join:
1. Verify eligibility: Confirm eligibility information.
2. Apply online or in-branch: Complete an online application or visit a branch to complete one.
- Provide Documentation: Complete the required identification and proof of address and may be an agreed initial deposit.
Contact Information
- Branch Locations: Details on these can found on their website or you can contact fto send you to the nearest branches.
- Customer Service: Contact them through phone, email, their website on any of their social media to respond to requests related to the account and services.
For the most accurate and detailed information, including recent changes and special offers, it is advisable to go to the official website of Centric Federal Credit Union or contact the customer service team.
