Products

Share Savings Membership Account
Minimum deposit $6.00; this includes $1.00 membership fee and $5.00 to open account.
(Minimum Balance of $25.00 required on share savings accounts to earn interest)

Any Return Statement (with no forwarding address) - $3.00 Fee Quarterly
Dormant Account Fee (if applicable) - $5.00 per Dormant Account/per Month
Garnishment/Levy Processing Fee - $75.00

Super Saver Account
Currently calculates interest on a daily balance and posts quarterly.

Christmas Club Account

Terms and Interest calculated same as Share Savings Account. Checks will be issued approximately 2nd week in November.

6 Month Certificate (180 Day Maturity)

(Subject to early withdrawal penalty)

12 Month Certificate (365 Day Maturity)
(Subject to early withdrawal penalty)

18 Month Certificate (545 Day Maturity)
(Subject to early withdrawal penalty)

Share Draft Checking Account

No monthly service charge
Cost of checks ordered will be drafted from account
(basic checks qty 150)
Cancelled checks are not returned with statement/duplicate checks are recommended.
Check Images are visible through Internet Banking Services.
If at anytime you need a copy of a cancelled check, a copy will be provided as far back as 7 years, you maybe charged $3.00 per copy.
Stop payment fee - $10.00
Overdrafts - $30.00
Wire transfers - $12.00
Internet Banking/Bill Pay - $5.00/month
Garnishment/Levy Processing Fee - $75.00

IRA Account
Calculates on daily balance and posts quarterly.
(Minimum balance on this account is $100.00)

Signature Loan Limits

Eligible for loans after 90 days membership
Member 90 days – 1 year $1700 @ $60.00 per month
After 1 year $3500 @ $120.00 per month
After 5 years $5000 @ $150.00 per month

VISA Check Card

Get cash 24 hours a day
Works like a check where-ever you see the Visa or Pulse Logo
No annual fee
Posts to your account electronically

Alabama River Employees Credit Union's Visa Check Card is the one card that acts like a bunch of cards. It works like a check at any merchant that accepts VISA and it works like an ATM on the VISA or PULSE ATM networks.

Convenience at it's best-
Use your check card without hassle of writing a check or carring cash. When you use your check card press "credit" and the money is immediately deducted from your checking account. It's quick and easy. Just sign and go!

It's ATM Ready
Our VISA Check Card works like an ATM card at any automatic teller machine on the VISA or PULSE ATM networks. Simply look for the VISA or PULSE logos and you can get the cash you need with your personal identification number (PIN).

Not a Credit Card
The Alabama River Employees Credit Union VISA Check Card is NOT a credit card. Just like a check, you must have money in your account before you can spend it. You will save money by not paying the fees and interest that can be part of credit cards.

For further information on these and other services contact us at 251-575-2921.