Discover 2 Advantages of a Local Federal Credit Union When it comes to managing your finances, choosing the right financial institution can make all the difference. A local federal credit union stands out by offering personalized service, lower fees, and a commitment to the community it serves. In contrast to big banks that focus on maximizing shareholder profits, a credit union’s primary goal is to provide the best possible financial products and services to its members. What Makes a Local Federal Credit Union Unique? Local federal credit unions are owned by their members, meaning profits are typically reinvested to improve offerings, reduce fees, and provide better interest rates. This member-centric approach fosters a sense of community and makes it easier for people to access useful tools for financial success. Since credit unions exist to serve local residents, you can expect that any revenue generated goes right back into improving member services and contributing to local economic growth. Free Checking That Works for You One major advantage of joining a local federal credit union is access to free checking accounts. Many traditional banks charge monthly service fees that can eat into your balance, but our credit union won’t. Instead, you can enjoy all the conveniences of a checking account—like easy deposits, withdrawals, and a secure debit card—without having to worry about hidden costs. No Monthly Service Fee: Keep your money where it belongs—in your account. No-Hassle Access: Make ATM withdrawals (VFCU ATMs are free to use), check balances, and track spending via our mobile app. Minimum Balance Requirement: You only need $25.00 to open your checking account, ensuring that it’s accessible to everyone. Free Online Banking: Our platform includes Bill Pay, e-Statements, Mobiliti, and Text Alerts to help you manage your finances on the go. Notary Service: If you need official documents verified, our notary service is available for a low $5.00 fee. Star Checking Account for Extra Perks For members who love added value and more extensive benefits, our Star Checking account provides an array of perks for a small monthly fee of $8.00. Here’s a snapshot of what you can expect: Low Opening Balance: Get started with just $25.00. Overdraft Protection: Safeguard yourself from unexpected shortfalls by linking your savings. Unlimited Transactions: No worries about hitting transaction limits. Free Online Services: Continue enjoying Bill Pay, Mobiliti, Text Alerts, and e-Statements. Bonus Benefits: From free notary services to one free box of checks per year, you’ll find plenty of value. There’s even a free stop payment (for personal checks or ACH) per quarter and three free official VFCU checks per month. Travel, Shopping & Entertainment Discounts: Whether you need travel reservation services, auto rental discounts, or movie ticket deals, our Star Checking account has you covered. Warranty Benefits: Enjoy new product price protection, extended warranties, and 90-day product protection on purchases. Insurance & Health Benefits: Includes accidental death and dismemberment insurance, common carrier accidental death and dismemberment insurance, plus eyewear and pharmacy discounts. The Credit Union Difference Because we’re member-owned, our local federal credit union offers friendly service and direct community involvement. From free checking to the feature-packed Star Checking account, we tailor our services to your needs rather than shareholder demands. Plus, decisions such as approving new products or setting interest rates happen locally, ensuring a more personal touch and faster turnaround times. View this post on Instagram A post shared by Local Federal Credit Union (@valleyfederalcreditunion) Join Today Choosing a local federal credit union gives you financial stability, tailored services, and a commitment to serving the community first. Whether you prefer a straightforward free checking account or want the extra perks of our Star Checking account, we have options to suit your lifestyle and financial goals. Make the switch today and experience a more personal, affordable way to bank.
