| SHARE ACCOUNT |
- Youth (age 0-12) minimum deposit - $10.00
- Teen (age 13-17) minimum deposit - $15.00
- Young Adult (age 18-22) minimum deposit - $25.00
(Bonus Offering: A bonus will be provided at account opening. Also, a bonus will be provided for increasing the share account balance or share certificate balance by $500.00. The minimum period funds must be on deposit to obtain bonus is 30 days. |
| |
| SHARE CERTIFICATES (Ages 0-22) |
- Required Opening Deposit: $500
- Terms: 6 mo, 1 yr, 2 yr, 3 yr
- Rate: See Truth-in-Savings Disclosure
- Automatic Renewal
- Additional deposits allowed in increments of $50.00
|
| |
| SHARE DRAFTS (Ages 13-22) |
- $25 minimum deposit
- No Minimum Balance
- Parent/Legal Guardian Required (Ages 13-17)
- Discount on Checks
Note: Once a member reaches Age 23, Share Draft Account automatically converts to Basic Share Draft Account. |
| |
| LOANS |
|
| |
Regular Shares
Share Certificates |
|
| |
Limits: |
| |
Ages 10-11: up to $150 |
| |
Ages 12-13: up to $200 |
| |
Ages 14-15: up to $300 |
| |
Ages 16-17: up to $500 |
| |
Ages 18-19: up to $1000 |
| |
Ages 20-22: up to $1500 |
| |
Repayment: |
$150 - $300 (up to 12 months) |
| |
$500 + (up to 18 months) |
| |
Acceptable Cosigner required on all members (Ages 10-17). |
|
| |
New/Used Automobiles |
| |
Acceptable Cosigner required on all members (Ages 10-17). |
Note: Applicant must meet criteria set by VTFCU |
| |
| MISCELLANEOUS SERVICES |
|
Cosigner Required (Ages 14-17)
|
| |
| LOAN PROTECTION |
Death, Total & Permanent Disability Insurance on loans (max.$15,000) at no direct cost.
Member must be insurable at time of loan.
Credit Disability is available at time of loan. |
