NEWS
FOR
MAY
We are a Full Service Financial Institution Established 1949
AUTO LOANS as low as 1.99% APR*
If you have your vehicle financed elsewhere, or if you find a
better rate at a dealer or other financial institution, we will BEAT the rate by
up to 1% less, as low as 1.99% APR*
Offer not valid on existing auto loans with SVDCU. Please see or speak
with a loan specialist for full details.
*APR = Annual Percentage Rate. Rates are based on credit history and
subject to change without notice. Offer not valid on existing loans with
SVDCU.
*Other conditions may apply. Please see a loan officer at the
Credit Union for full details.
APPLY
NOW
CO-OP SHARED BRANCHING
We are now a CO-OP Shared Branching Outlet. With shared
branching, credit unions from all over the country share
facilities to give members thousands of convenient locations to
perform transactions just as if they were in their home credit
union. Whether you are at work, home or your favorite
travel destination, your credit union is always nearby. Anywhere you see the swirl
logo shown to the right, you can conduct a range of transactions.
When you enter a shared branch you will need the following:
Your home credit union's name. Your account number.
Valid government - issued photo identification, i.e., State
Driver's license, US Passport.
NCUA CU LOCATOR
The National Credit Union Administration (NCUA)
announced the availability of a free mobile application—CU
Locator—for consumers. Available for the iPhone, the iTouch, and
Android devices, the app puts finding the nearest credit union
location at consumers’ fingertips. The free CU Locator
mobile application is available for download from iTunes or the
Android Market.
RECREATIONAL LOANS
Looking for a Motorcycle, ATV or Snowmobile?
We may match competitors rates on loans.
Please contact our loan specialists at ext. 3. APPLY
NOW
OPPORTUNITIES FOR BUSINESS OWNERS
LOCAL, TRUSTED, SERVING ALL
BUSINESS OWNERS
NOW is the time to check out
our Business CHECKING and Business Loans
Our services are more
affordable than those offered by banks. Our network has
over 30,000 Surcharge-Free ATMS including most 711 stores.
We offer FREE 24-hour internet account access, FREE on-line Bill
Pay, FREE paper or e-statements and FREE Mobile
Banking---ANYWHERE---ANYTIME BANKING.
OUR PRIORITY IS MEMBER SERVICE
We offer 3 different checking
account packages. Basic Business (under 200 transactions
per month), Small Business (between 200 & 400 transactions per
month) and Business Checking (over 400 transactions per month).
We are currently offering
Merchant Solutions. If accepting credit & debit cards is
an important part of the success of your business, then programs
offered by FIS Merchant Solutions will help you strengthen
customer relationships and drive profitability. We offer a
free comparison of your existing merchant fees, fast
application turnaround, free programming of your existing
terminal. For more information, please
contact the marketing department.
REAL ESTATE LOANS
APPLY
NOW (Members & Potential Members)
In
addition to the traditional mortgage loans (1st Mortgage and
Home Equity) we can also help finance your 2nd home or
investment properties. Please contact a loan specialist at
586 264-1212, ext. 3 for more information. For our
regular mortgage loans, we offer 10, 15 and 30 year terms.
The Annual Percentage Rate on our 30 year mortgage is
3.75% as of May 1, 2013. Our 10 year mortgages have a fixed annual
percentage rate (APR) as low as 2.875% and our 15 year as low as
3.00% APR as of April 4, 2013 . The rates change
regularly so be sure to call the office for the current rate. This
is still a good time to purchase a home or refinance your existing
mortgage. Also we offer bi-weekly payments. Another feature of our mortgage
loan is that when you borrow from us, you pay us back. We do not
sell our loan portfolio.
Home Equity Line of Credit loans have a variable rate based on an index.
You can finance up to 85% of the appraised value, minus any other liens.
Home Equity Line of Credit has an annual percentage rate as low as 4%.
When you have a Home Loan with us we give you a *FREE* checking
account. No monthly service fee and we pay for the printing of
your checks. We have a variety of styles to choose from.
LOOKING FOR A LOWER CAR
PAYMENT?
Let
us refinance your Auto Loan from another financial institution.
AUTO LOANS as low as 1.99% APR*
If you have your vehicle financed elsewhere, or if you find a
better rate at a dealer or other financial institution, we will BEAT the rate by
up to 1% less, as low as 1.99% APR*
Offer not valid on existing auto loans with SVDCU. Please see or speak
with a loan specialist for full details.
*APR = Annual Percentage Rate. Rates are based on credit history and
subject to change without notice. Offer not valid on existing loans with
SVDCU.
*Other conditions may apply. Please see a loan officer at the
Credit Union for full details.
APPLY
NOW (Members & Potential Members)
Veterans may receive a .25% annual percentage rate reduction.
Rates as low as 1.99% annual percentage rate with a credit score
of 680 or higher.
MOBILE BANKING IS HERE
This is your
ANYWHERE, ANYTIME BANKING. Click here for instructions.
Before accessing this new service, we must have your current
cell phone number on file.
NEW:
WEB ALERTS
Log on to our web
site, click Home Banking. Look for the black tool bar.
Click on to "Alerts". Check the appropriate box. You
can be alerted by cell phone or email, when your account is
overdrawn, when a loan payment is due or past due. We can
even alert you when a certificate matures. Be sure to
utilize this new addition to our web site.
LOYALTY RATES for our LOYAL MEMBERS
APPLY
NOW (Members & Potential Members)
Autos, Trucks, Boats, RV's. When you finance any of these with us,
you can qualify for an interest reduction up to .50% off the current
annual percentage rate. Other conditions may apply.
NEW MEMBERS WELCOME
If you are a member, refer
us to your family and friends. Remember anyone living or working
in Macomb, Oakland and Wayne Counties can now join our credit union.
If you refer anyone for a loan or a savings account tell them to mention
your name. Both of you will receive a
$10.00 member referral deposit.
Preferred
Rates for Term Share Accounts Are Now LOYALTY RATES
Did you know that by using credit
union services you could earn up to a .5% annual percentage yield above the
current yield? The more services you use,
the greater your rate. Following is a list of preferred services:
Money Market Account, Individual Retirement Account,
Checking, Debit/ATM card, HOP (Handi On-line Pay),
E-statement, Direct Deposit, Auto
Loan, Home Equity Loan, Mortgage Loan, RV Loan, Boat Loan, Line of Credit, or Visa.
You earn a bonus rate of .05 for each service you have. Maximum bonus
cannot exceed .50%.
This offer subject to change and can be withdrawn at any time.
YOUR FUNDS ARE INSURED BY
NCUA UP TO $250,000
The National Credit Union Administration, commonly referred
to as NCUA, is the federal government agency that charters and supervises
federal credit unions. NCUA also operates and manages the National Credit
Union Share Insurance Fund (NCUSIF). Backed by the full faith and credit
of the U.S. government, NCUSIF insures the accounts of millions of account
holders in all federal credit unions and the vast majority of state-chartered
credit unions. You can confidently join and conduct
business with federally insured credit unions because no member has ever lost
money insured by the NCUSIF. Failures of
federally insured credit unions are rare because only those with sound
operational standards qualify to receive NCUSIF coverage. NCUA also
regularly reviews the operations of all federal credit unions and works closely
with state regulatory authorities to evaluate federally insured state-chartered
credit unions. Members are federally insured up to $250,000.00. IRA's
are separately insured up to $250,000.00 by NCUA - "Backed by the full
faith and credit of the United States Government".
Click
here for information regarding additional coverage.
