Chevron Federal Credit Union is a member-not-for-profit institution that offers numerous services in terms of banking as well as finance. Below is an elaborate description of Chevron FCU inclusive of the services it offers, its benefits and more:
* Services
- Personal Banking
- Checking Accounts
- Standard Checking
Descriptions: This offers a simple, easy-to-use account with the basic features.
- **Interest-Bearing Checking: ** Interest-reaching account that pays interest on the balance.
- **No-Fee Checking: ** The maintenance cost isn’t considered in the feature of the account.
- Savings Accounts:
- **Regular Savings: ** It is a classic savings account with a competitive rate of interest.
- **High-Yield Savings: ** It is a high yielding account, and pays interest on large balances.
- Certificates of Deposit (CDs): Savings accounts of fixed terms, which in the process, earn higher interests.
- Loans:
- Personal Loans: Unsecured loans for countless personal needs.
- Auto Loans: Credit facilities to buy or refinance motor vehicles
- Home Equity: Loans extended based on the home equity.
- Mortgages: Financing products to purchase a home or refinance a home.
- Credit Cards: Various credit cards, for example:
- Rewards Cards: Cards to access points or cash back on purchases.
- Low-Interest Cards: Cards with low annual percentage rates (APR).
- Online & Mobile Banking:
- Mobile App: Account management, funds transfer, bill payments, and check deposits can be done through the mobile app.
- Online Banking: Account information, maintenance transactions, and banking functions are viewable on the website.
- Business Banking:
- Business Checking & Savings Accounts: Provides the ideal setoff accounts for small and mid-sized businesses. The accounts are available with or without the interest-earning feature and are used for managing cash.
- Business Loans:
- Term Loans: Loans offered for any specific business purpose.
- Lines of Credit: Allow great flexibility in credit, useful for managing cash flow.
- Equipment Financing: Equipment Loans that purchase of business equipment
- Merchant Services: Basically refer to payment processing solutions – offered along with Point Of Sale systems and even online payment solutions.
- Investment Services:
- Wealth Management:
- Investment Planning: Ways to grow investments and manage them.
- Portfolio Management: Personalized investable accounts based on goals and risk tolerance levels.
- Retirement Accounts:
- IRAs: Secure future savings by Individual Retirement Accounts.
- 401(k) Rollovers: Support offered for rolling over retirement savings from previous employers.
- Other Services:
- Insurance: Several insurances like auto, home, and life insurances – commonly in conjunction with insurance companies.
- Financial Education: Supporting and resources to help members to easily understand and also their financial matters – with both online and seminars related resources.
Benefits
- Member-Oriented: Chevron FCU is primarily member-oriented and not for profit – with the outcome usually coming in the way of better interest rates and lower yields.
- Competitive Interest Rates: Open a savings account, loan, and credit card at competitive interest rates.
- Personalized Service: A pioneer in personalized service and support and offers ideas tailored to personal and business needs.
- Community Involvement: An active participant and supporter of numerous community events and activities.
- Convenient Banking: Availability of modern banking conveniences right through their internet and mobile platforms makes it easier for one to manage the accounts and go for the transactions.
How to Get Started
- Eligibility: Usually, membership stands for:
- Employees working for Chevron and its subsidiaries
- Family of these eligible employees
- Residents of specific communities or members of given groups–check their website to learn more about their specific set of criteria.
- Browse Their Website: So you can see more of the variety of accounts and loans they have available, use other services.
- Member Services: Feel free to reach out to their customer service department with any questions or for personalized advice.
- Branch Locations: For personal assistance, come in to a branch near you to learn about services and open accounts.
Things to Remember
- History and Reputation: Originating since 1935, Chevron FCU has been there for its members since then, with the core agenda focusing on financial stability and community participation.
- Technology and Security: Invest in modern technology to make banking secure and efficient for members.
Chevron Federal Credit Union provides full financial memberships to its members while continuing to focus on service to members, competitive rates, and commitment to local communities in carrying out both personal and business financial needs.
