FIND THE PERFECT ACCOUNT
Make your money work harder.
Veritas Federal Credit Union has a variety of accounts so finding the perfect account for you is easy. You may want to invest, or you may want to save for a vacation. You may want to establish credit with our credit card, or you may need to repair some credit problems with our Opportunity checking account. We have a range of accounts, so come and talk to us about how to make your money work harder for you.
SAVINGS
Our share accounts are tailored to fit your goals.
What is a Share Account?
A Share Account is the foundation of your VFCU membership. Similar to a savings account, credit unions call it “share” because by having this account, each member owns a share of the Credit Union.
- The minimum balance to open a share is $25; as long as you keep $25 in this account, you will remain a member of VFCU, no matter where you work or live
- Dividends are paid quarterly
- The dividend rate is set by the Board of Directors and is subject to change
- A share account can be used as collateral on VFCU loans
When you open a Share Account, you must choose who will have access to the funds and be accountable for taxes and other ownership responsibilities. The following types of ownership are available:
- An Individual Account is in the name of one individual member of the Credit Union.
- A Joint Account is owned by joint members with the right of survivorship.
- A Payable Upon Death Account will release only to designated beneficiary(s).
Learn more about our Share rates. Stop in and see one of our MSRs to get set up, or you can set up another savings account through eBanking by clicking the Services tab, and then selecting the Continue button by Open Subaccount. Back to top.
What is a Youth Share Account?
You’re never too young to start saving! Our Youth Share Account helps get young people’s finances started on the right foot.
- The minimum balance to open a share is $25; as long as you keep $25 in this account, you will remain a member of VFCU, no matter where you work or live. But your goal is to increase your savings in this account over time.
- Dividends are paid quarterly
- The dividend rate is set by the Board of Directors and is subject to change
- This account automatically converts to an adult account when you turn 18.
Learn more about our Share rates. Stop in and see one of our MSRs to get set up, or you can set up another savings account through eBanking by clicking the Services tab, and then selecting the Continue button by Open Subaccount. Back to top.
What is a Share Certificate?
Certificates of Deposit, also referred to as CDs, are specialized savings accounts that earn a fixed-rate dividend for a fixed period of time. VFCU believes in making your money work for you, so we offer certificates in a variety of terms and at very competitive rates. With low minimum deposits, your investment goals are closer than you know! Here are our Rates. Stop in and see one of our MSRs to get set up, or you can set up a certificate through eBanking by clicking the Services tab, and then selecting the Continue button by Open Subaccount.
How do Certificates work?
CD terms range from 6 months to 60 months. The longer your term, the higher your rate. Most Certificates require a minimum deposit of $500.
How can I maximize my earnings with a CD Strategy?
Laddering is an excellent way to ensure you earn the best rates possible. It allows you to control the terms while getting the liquid availability you want. Read more…
What is a Christmas Club Account?
The Christmas Club Account lets you save money throughout the year for holiday shopping!
- No minimum deposit is required to open
- No service charges
- You can use Payroll Deduction or Funds Transfer
- Participation is continuous so you do not need to re-enroll each year, and you can join at any time.
- Dividends are paid quarterly
- The rate is determined by the Board of Directors and is subject to change
- All withdrawals made before October 1 are subject to an early withdrawal fee (see Fee Schedule for details).
Learn more about our Christmas Club rate. Stop in and see one of our MSRs to get set up, or you can set up a Christmas Club account through eBanking by clicking the Services tab, and then selecting the Continue button by Open Subaccount.
What is a Money Market Account?
Simply put, a money market is a limited-withdrawal savings account with a higher rate than a basic savings account. We have 4 tiers with corresponding rates. See our rates. Stop in and see one of our MSRs to get set up, or you can set up a money market through eBanking by clicking the Services tab, and then selecting the Continue button by Open Subaccount.
What is an IRA?
An IRA (Individual Retirement Account) helps you save for retirement while allowing you to reap tax advantages along the way. We offer both Traditional and Roth IRAs. Interested in an IRA? Stop by and talk with one of our MSRs.
CHECKING
Whether your credit is in good standing, or you need a bit of help reestablishing your credit, we have the perfect account for you.
Maximizer Checking is our Fee-Free checking account, designed with you in mind!
- Nationwide network of surcharge-free ATMs
- No monthly service fees
- Unlimited transactions
- No minimum balance requirement
- Free MasterCard debit or ATM card
- Free eBill Pay
- Free eStatements
- Dividend earnings
Can I manage my Maximizer Checking Account online?
Yes! eBanking allows you to manage your checking account, pay bills, view statements, and so much more – wherever you are. Sign in.
Download our App on Google Play or iTunes.
Can I order checks with Maximizer Checking Account?
Yes! VFCU staff must place your initial order. After the first order, visit OrderMyChecks.com. The cost of checks and shipping will be taken directly from your checking account. Reorder Checks
New members start here: Maximizer Checking Account
Current members: Call 855-663-8328 for more information.
CARDS
Our credit cards are tailored to fit the active lifestyles of our members. With low, competitive rates, and no annual fee, our credit cards will be the only card you need in your wallet!
- Easy payment options, including 24-hour online access to your account information by visiting ezcardinfo.com
- Fixed interest rates as low as 9.90%*
- High credit limits
- Protection from unauthorized purchases
Important phone numbers:
- Member Service: (800) 299-9842
- Lost/Stolen: (800) 325-3678
- Fraud: (800) 369-4887
You receive a Platinum or Classic credit card based upon your credit qualifications:
Platinum Visa
- Minimum limit of $5,000
- Rate: 9.9%*
Classic Visa
- Limits up to $5,000
- Rate: 12.5%*
*APR based on credit score. Not all members will qualify for best rate. Platinum card requires a credit score of 640. Classic card requires a minimum score of 600.
With our ATM card, you’ll have peace of mind knowing that you carry your Credit Union with you. With the ATM card, you can withdraw money from your savings or checking account 24/7/365. You can also make deposits at participating CO-OP ATMs.
Can I use my ATM card to make purchases?
No. Our ATM cards are normally used by people who only have a Share (Savings) Account, for withdrawals and deposits through ATMs. Unlike the MasterCard Debit Card, you cannot use the ATM card to make purchases.
Call 855-663-8328 to request an ATM card today!
Check your interest rate and compare! We may be able to save you money. From time-to-time, we have balance transfer specials, so keep your eyes peeled for them.
- Certain restrictions apply.
- Available to qualifying members only.
- For more information, call 855-663-8328 or stop by your nearest VFCU branch.