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*
|
|
Bill Pay
|
Free
|
Free
|
Free
|
Free
|
|
eStatements
|
Free
|
Free
|
Free
|
Free
|
|
Cashiers Checks
|
Free
|
Free
|
$8
|
$8
|
|
Money Orders
|
Free
|
Free
|
$1
|
$1
|
|
Travelers Checks
|
Free
|
Free
|
$1
|
$1
|
|
Check Cashing
|
Free
|
Free
|
$5
|
$5
|
|
Stop Payment
|
Free
|
$22
|
$22
|
$22
|
|
Plastic Card Replacement
|
Free
|
Free
|
$15
|
$15
|
|
Statement Copies
|
Free
|
$3
|
$3
|
$3
|
|
Notary Service
|
Free
|
$10
|
$10
|
$10
|
|
Wire Service
|
Free
|
$10
|
$20
|
$20
|
|
Check Copies Via eBanking
|
Free
|
Free
|
Free
|
Free
|
|
Check Copies Via Phone or Office
|
Free
|
$1
|
$3
|
$3
|
|
PIN/Password Replacement
|
Free
|
$5
|
$10
|
$10
|
|
IRA Annual Fee
|
Free
|
Free
|
$15
|
$15
|
|
Inactive IRA Annual Fee
|
Free
|
$15
|
$25
|
$25
|
|
Bonus Interest on Certificates
|
10 basis points
|
5 basis points
|
–
|
–
|
|
Discount on Auto Loans
|
1/2 percent
|
1/2 percent
|
–
|
–
|
|
Discount on VISA Credit Card APR
|
1 percent
|
–
|
–
|
–
|
|
VISA Credit Card Annual Fee
|
Free
|
$18 or waived**
|
$18 or waived**
|
$18 or waived**
|
|
Discount on MBI Fee
|
$100
|
–
|
–
|
–
|
|
In-branch Teller Transactions
|
Free
|
Free
|
Free
|
Free
|
|
Free ATM Transactions
|
Unlimited
|
8/month
|
4/month
|
Free Co-op
|
|
Excess ATM Transactions
|
_
|
75¢ each
|
$1 each
|
$2 each
|
*College accounts: Free unlimited withdrawals at CO-OP and SFCU ATMs. $2 each elsewhere. Eligible for quarterly $100 book scholarship drawing. Parents can transfer funds into college account.
**$18 Visa annual fee waived with $2,000 in annual purchase.
