Financial Services

 

Services available from your credit union Founded on the basic democratic premise of the cooperative movement, your Credit Union believes that access to low-cost financial services is critical to the health and stability of ordinary citizens. Credit union membership offers many benefits. Services offered range from simple savings to home equity loans to IRAs. Study after study has revealed that, on average, credit unions provide the best financial offerings with fewer fees, lower rates on loans and higher rates on savings. Return to Top

Loans

Loans at Very Competitive Rates Any way you crunch the numbers, a personal loan from the Credit Union for the Automotive Aftermarket balances into a great deal. You can obtain financing for any of your personal needs at very competitive rates. Return to Top

Savings & Checking

Savings Accounts   Whether you just need to place a stash of cash short term or you’re looking for long-term investment vehicles, Automotive Aftermarket Employee Federal Credit Union has what you need. In credit union talk, a share account is a savings account. Your credit union has many different share accounts to help you reach your savings goals. Regular Share - Our regular share account is the key account to all your credit union transactions. It is a savings account that has dividends credited on a monthly basis. A minimum balance of $25 is required. You may withdraw your savings account six times every quarter without penalty. Just call, fax or email your withdrawal to us, and we'll get the funds out to you. Certificates of Deposit   Certificates of Deposits from Automotive Aftermarket Employee Federal Credit Union are an excellent investment opportunity if you do not need immediate access to your funds and want to invest for longer periods to obtain a higher rate of return. Certificates of Deposit (CD's) are term savings accounts that carry a higher rate of interest than a regular, simple savings account. Your credit union offers certificates of deposits with varying minimums and terms. CD's can provide a higher return on those funds that you know you will not be needing in the immediate future. Also, certificates can be used as collateral on share secured loans. So, by getting a higher rate on your savings, and paying a great rate for your loan, YOU get the best possible combination around. Why not open a CD today... for yourself, your children and your grandchildren! Share Draft (Checking) Accounts   A checking account from your credit union offers you the savings and convenience you want to manage your personal day-to-day finances. Beginning in 1989, your credit union began offering its members share draft/checking accounts. There is no minimum balance requirement and no monthly maintenance fee on this type of account. Statements are provided on a monthly basis. Also, when you open a new share draft account, your first order of checks is free. In order to open a checking account with your credit unions, you must first open a savings account. funds may be transferred between checking and savings by several methods: telephone, email, fax or by using your home banking program. Our Debit Card Program uses your share draft account, also. Return to Top

Other Services

Christmas and Vacation Clubs   Dreaming of a beach in the sun or zooming down snow covered mountains? That much earned vacation can be possible with a Club account from Automotive Aftermarket Employee Federal Credit Union. Debit Cards   One of our newest services for members is the VISA Debit Card. What is a debit card? Well, it looks like a credit card, but acts like a check. It can be used at any ATM that displays the VISA Logo to get quick access to cash. This cash will be withdrawn from your share draft/checking account. With a debit card you will not be paying any hefty credit card fees at the end of the month. Your only charge is whatever fee may be levied at your particular ATM. You may also use your debit card in retail stores throughout the nation that displays the VISA logo. Again, your purchases will be deducted from your share draft account. No checks to write, no monthly bills to pay-Simple! For lost or stolen Debit Cards after hours and on weekends contact: 1-800-991-4965 Return to Top