Relationship Rewards
As a cooperative institution, the success of Schools FCU depends on member participation. Your support allows us to continue offering our products and services at the lowest possible costs, while also allowing us to continually find ways to serve you better. Relationship Rewards is our way of saying thanks for being an active member. The more business you do with us, the more rewards you are eligible for.
Relationship Rewards pays you back for your support with discounts on auto loans, bonus dividends on term share accounts, and a host of free services.
There are three membership tiers. Yours is determined by combining your entire household's relationships with Schools FCU, including services and total deposit/loan balances.
Platinum Star Members
-
Combined household loan* and deposit balances of $50,000
or both of the following:
-
Checking with Direct Deposit (at least $500 per month)
-
Combined household loan* and deposit balances of $20,000
Gold Star Members
-
Combined household loan* and deposit balances of $25,000
or both of the following:
-
Checking with Direct Deposit (at least $500 per month)
-
Combined household loan* and deposit balances of $10,000
*Mortgage loans count toward your Relationship Rewards tier only if payments are made to Schools FCU.
Silver Star Members
If you don’t meet our Platinum and Gold tier requirements, it’s easy to move up. Bring savings here from other financial institutions, take out an auto loan or refinance your current auto loan from another lender with us, transfer credit cards to your Schools FCU Visa, or use your Home Equity Line of Credit to fund a remodeling project. And a mortgage, for purchase or refinance, could move you all the way to Platinum.
College Account
Our College Account delivers the services a college student needs, priced to fit a college student’s budget.
Relationship Rewards Benefits
| Benefit |
Platinum
|
Gold |
Silver |
College* |
| Account Maintenance |
Free |
Free |
$2/mo |
Free |
| ATM/POS Cash Backs |
Free |
Free |
Free |
Free |
| ATM CO-OP Withdrawals |
Free |
10/mo, then $1 |
4/mo, then $1 |
Free |
| ATM Transactions, Other |
Free |
$1 |
$1 |
$1 |
| Auto Loan Discount |
1/2 percent |
1/2 percent |
– |
– |
| Bill Pay |
Free |
Free |
Free |
Free |
| Card Replacement |
Free |
Free |
$15 |
$15 |
| Cashiers Checks |
Free |
Free |
$8 |
$8 |
| Certificates Rate Bonus |
10 basis points |
5 basis points |
– |
– |
| Check Cashing |
Free |
Free |
$5 |
$5 |
| Check Copies Via eBanking |
Free |
Free |
Free |
Free |
| Check Copies Via Phone or Office |
Free |
$1 |
$3 |
$3 |
| eStatements |
Free |
Free |
Free |
Free |
| IRA Annual Fee |
Free |
Free |
Free |
$15 |
| IRA Annual Inactive Fee |
Free |
$15 |
$25 |
$25 |
| MBI Fee Discount |
$100 |
– |
– |
– |
| Money Orders |
Free |
Free |
$1 |
$1 |
| Notary Service |
Free |
$10 |
$10 |
$10 |
| PIN/Password Replacement |
Free |
$5 |
$10 |
$10 |
| Statement Copies |
Free |
$3 |
$3 |
$3 |
| Stop Payment |
Free |
$25 |
$25 |
$22 |
| Teller Transactions |
Free |
Free |
Free |
Free |
| Travelers Checks |
Free |
Free |
$1 |
$1 |
| VISA APR Discount |
1 percent |
– |
– |
– |
| VISA Credit Card Annual Fee |
Free |
$18 or waived** |
$18 or waived** |
$18 or waived** |
| Wire Service - Domestic |
Free |
$10 |
$20 |
$20 |
| Wire Service - International |
Free |
$10 |
$30 |
$30 |
*College accounts: Free unlimited withdrawals at CO-OP and SFCU ATMs. $2 each elsewhere. Parents can transfer funds into college account.
**$18 Visa annual fee waived with $2,000 in annual purchase.
