AlaTrust Credit Union

Products And Services

• Real Estate Loans

  Whether you’re looking to finance or refinance your home, need a home equity line of credit for large purchases or home projects we can design a mortgage to meet your individual needs. Our real estate loans feature low interest rates, affordable down payments and competitive closing costs. We offer FHA/VA real estate loans as well as USDA loans up to 100% loan to value. AlaTrust Credit Union also offers… First and Second Real Estate Loans We originate a variety of real estate loans, including conforming and non-conforming loans, for purchases or for refinancing with fixed rate terms up to 30 years. Rates are subject to daily market rates. Call 800-264-8031 for questions concerning rates and terms. Conventional Fixed Rates Fixed Rate Real Estate Loans are ideal for homeowners who want the security of a monthly payment that will not change over the life of their loan. Take advantage of AlaTrusts's Fixed Rate Real Estate loans now, and rest easy in knowing your rate is not subject to change over the life of your loan. We proudly offer numerous options with Fixed Rate Real Estate loans. Call 800-264-8031 for questions concerning rates and terms. Adjustable Rate Adjustable Rate Mortgages (ARM) are ideal for homeowners who may move soon, pay off the home loan quickly or are willing to take the risk that the rate will adjust lower in the future. This real estate loans offers a lower initial interest rate than fixed loans and the rate can adjust periodically. This means your monthly payments could be higher or lower throughout the life of the loan. You have several options available for how long the initial lower interest rate will be in place. Once that time period is over, the interest rate can change every year. The interest rate changes based on market conditions, using an index published in the Wall Street Journal. So if the index rate does down, your monthly payment may go down, depending on the type of Adjustable Rate Mortgage you select. Even though the rate can change throughout the loan, there are limits, or caps, on how much the rate can increase or decrease. AlaTrust has a variety of Adjustable Rate Mortgages. Your loan officer can help you select the right one for your unique situation. Construction Loans Let us help you build your dream home. Call 800-264-8031 for questions concerning rates and terms for this loan. Home Equity Line of Credit Now you can use the equity your home has earned to establish a line of credit. If you need cash to create a special wedding or just want to consolidate your debts, a Home Equity Line Of Credit (HELOC) is the most practical way to go. Our members enjoy peace of mind with a home equity line of credit for home improvements, college expenses or even vacations. Now's the time to enjoy our low rates and have more cash on hand! Quick Close Home Equity Loan Two loans that members find helpful are the Quick Close 7 year fixed rate and the Quick Close Line of Credit. Both loans offer fast processing times and little to no closing cost. Available for amounts from $10,000 to $50,000. Other qualifications may apply. Contact AlaTrust today at 800-264-8031 to apply. Home Improvement Loans AlaTrust can now finance up to 133% of your home’s value to make those updates that will make your house a home. Looking to add a deck, pool, new flooring, etc? This is the option for you! Max 10 year amortization Property must be borrowers primary residence As low as 4.5% APR Contact AlaTrust today at 800-264-8031 to apply, or email for more information.

  Link: Real Estate Loans

• Auto Loans

  We want to help you get a new set of wheels! Our auto loan offers extended terms and affordable rates. Convenient pre-approvals are also offered so you can deal with the dealers on a "cash" basis. For your first car, a second for a growing family, a vehicle for work, or that recreational vehicle for a little fun, we can help you drive away happy. New Autos Up to 100% financing for qualified members Terms up to 60 months; up to 72 months for loans $20,000 or more No application or processing fees Pre-approvals for negotiating power (know what you can spend before you shop) Low cost credit life and disability insurance, GAP coverage and warranty available Used Autos Up to 100% financing of NADA average retail value for qualified members Terms up to 72 months (depending on amount, credit, age of car and mileage) No application or processing fees Pre-approvals for negotiation power (know what you can spend before you shop) Low cost credit life and disability insurance, GAP coverage and warranty available Recreational Vehicles and Power Sports We also offer loans for various other vehicles including boats, water sport vehicles, motorcycles, campers, tractors and RV's. If you are looking for great financing to fund your recreation, give us a call at 1-800-264-8031. Car Buying Service AlaTrust Credit Union is here to help with your new or used car search! Our Car Buying Service does all of the leg work for you, to help you find a high-quality vehicle that you can trust and depend on without the haggle of the dealership. Participating is easy! Simply click this link http://www.alatrustcu.com/Car-Buying-Service to fill out the form with as much information about the vehicle you're looking for and then press submit! Your information will be sent to one of our professional car buyers who will find the car you're looking for at the best price around! Must be member to receive loan. Loans subject to credit approval. Rates are determined by an evaluation of applicant credit and may vary.

  Link: Auto Loans

• Personal Loans

  Everyone knows you can receive a loan for a home or auto, but where do you turn if you need a loan for a wedding? Medical bills? College education? Come to AlaTrust for a signature loan or personal loan. Signature loans can help you through a squeeze in your budget or whatever else you may need. AlaTrust can pre-approve your credit limit for easy access. Loan limits are based on your credit history, income and current obligations. No collateral needed. For more information on our Personal Loans, call 1-800-264-8031.

  Link: Personal Loans

• Student Loans

  The AlaTrust Credit Union Smart Option Student Loan® by Sallie Mae® For borrowers attending degree-granting institutions Now you can pay for college the smart way with three great repayment options and competitive interest rates! The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. The Smart Option Student Loan features and benefits: Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates provides even more flexibility No origination fees and no prepayment penalty Rewards and interest rate reductions available Rates that reward creditworthy borrowers Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate 100% US-based Student Loan Specialists Click this link to learn more: https://www.salliemae.com/smartoption/alatrustcu

  Link: Student Loans

• Visa Credit Cards

  The Platinum Visa Card offers the power of platinum, giving you instant purchasing power at home, on vacation, or almost anywhere you shop. And, if you usually carry a credit card balance, this card lets you take advantage of the lowest possible rate. The Platinum Visa Card features: No annual fee 4.99% APR on New Purchases and Balances Transfers for 6 Months (offer valid for new Visa Credit Card Accounts with AlaTrust CU only). Credit limits up to $20,000 25-day grace period on purchases Acceptance at millions of locations worldwide Protection against unauthorized transactions Scorecard Rewards … Earn one point for every dollar you spend. Convert other credit card and department store debts to your AlaTrust Visa. For more information on our Visa Platinum or Visa Classic, call 1-800-264-8031.

  Link: Visa Credit Cards

• Checking Accounts

  Share Draft Checking Free Checking at its finest! Our Share Draft Checking account is free from per check fees, has no minimum balance requirements and comes standard with: Direct Deposit and Payroll Deduction Overdraft Protection Money Orders An ATM or Visa Debit Card upon Approval Up to 5 ATM Fee Refunds per Month with Direct Deposit Basic Free Box of Checks with Direct Deposit Prime Plus Checking Specifically for our members aged 50 or better. If that’s you, then you’re invited to take advantage of this account and its incentives, even if you already have a checking account with us! The Prime Plus Checking Account isn’t just checking. Also included with the account is: Free Basic Checks (max 2 boxes per year) Free Money Orders & Travelers Checks Free Notary Service Free Home Banking Free Bill-Pay Earn Dividends with a minimum balance of $500 Super Now Checking Our Super Now Checking is the perfect blend of a Checking account and Money Market Account. It’s better than a basic checking account because your money earns interest when you maintain a minimum required balance of $1,000 and it’s also better than a money market account because you’re not limited in your monthly check writing. Visa Check Card An AlaTrust Visa Debit Card is a must-have with every checking account. It can be used world-wide anywhere Visa is accepted with the comfort of knowing it’s coming from your checking account. Works like an ATM Card – Use your AlaTrust Visa debit card at an ATM to make deposits or withdrawals, or at a point-of-sale terminal by inputting your PIN (personal identification number) or run it like a charge card at a point-of-sale terminal and keep your PIN private. For free ATM transactions, visit any AlaTrust Credit Union ATM or anywhere you see the MoneyPass logo. Click here for MoneyPass ATM locations. Accepted like a Credit Card – You can use your AlaTrust Visa debit card anywhere Visa is accepted. You can sign for your purchase like a credit card, yet the money will still come out of your checking account. Protection from unauthorized expenses –You are protected from unauthorized purchases made with a lost or stolen debit card in any signature-based or online transaction. Make online or over-the-phone payments – You can make purchases online or over-the-phone using your AlaTrust Visa debit card number. Your purchase amount will be deducted from your checking account. No fee to use* – There is no fee to use your AlaTrust Visa debit card. Every AlaTrust checking account comes with a Visa debit card. If you do not have one, please contact AlaTrust Credit Union at 1-800-264-8031 or visit your local AlaTrust branch. IDENTITY THEFT WARNING Be sure to protect your self and your identity. Do not give your AlaTrust Visa debit card number or PIN to any unsolicited requester, no matter how legitimate it may seem – including e-mail and phone requests. No one needs to know your PIN but you. If you are uncertain if a request is legitimate, please contact AlaTrust Credit Union member service at 1-800-264-8031. *There is no fee to use the Visa debit card. Fees may apply if using a non-AlaTrust Credit Union ATM, if the merchant charges a fee for debit/credit card use, or if a purchase is made when overdraft protection is required to pay the item. PIN-based transactions are not protected from unauthorized purchases. Please protect your personal PIN at all times. To report a lost or stolen card: 1-800-264-5578 To change a pin number or activate: 1-800-448-8268

  Link: Checking Accounts

• Savings Accounts

  AlaTrust Credit Union savings (share) accounts pay dividends, calculated on daily balances credited and compounded quarterly, at a rate determined by the Board of Directors. Due to the not-for-profit nature of the credit union structure and philosophy, savings accounts generally earn higher rates of return than similar accounts at other financial institutions. Electronic or automatic withdrawals and transfers are limited to six per month. Special Savings Accounts Set aside money for a special purpose with one of our special savings accounts. With no minimum balance, no monthly service fee, and the same paid dividend rates on our regular savings accounts, you'll be able to get started easily and watch your savings grow (payroll deduction or direct deposits into your account is the best way to reach your savings goals). In November, Christmas Club accountholders will receive a deposit into their savings or checking account for the balance held in their Christmas Club accounts so they can get their shopping underway while selections are best. There is no need to visit our office each year to set up your new Christmas Club account as long as you keep your regular deposits arriving in your account. Vacation Club accountholders will receive a deposit into their savings or checking account for the balance held in their Vacation Club account in June. Ask us to set one or both accounts up for you today. Club Accounts are a good tool to help budget for any expense. Call us today for any financial need you may have. There is a penalty for early withdrawal on Vacation and Christmas Club accounts only.

  Link: Savings Accounts

• CD's and IRA's

  Certificates of Deposit With a minimum deposit of $1,000, you'll earn high dividends from our competitive-rate CDs. Select the term that is right for you with maturities up to 60 months. Call any office for a quote for the amount you would like to invest. Rest assured knowing your deposits are insured by NCUA and ESI. Individual Retirement Accounts (IRAs) AlaTrust Offers Traditional and Roth IRAs. All IRA options offered may be put into either an IRA share account or IRA share certificate. IRA share accounts pay dividends quarterly. IRA share certificates pay dividends for a specified term and rate. AlaTrust accepts rollovers, transfers, and lump sum distributions from qualifying retirement plans. Penalties apply for early or unqualified withdrawals. The NCUA insures IRAs up to $250,000. ESI insures IRAs up to an additional $250,000. Traditional IRAs Any member under the age of 70 ½ with earned income may deposit up to the allowable contribution per year or 100% of annual compensation, whichever is less, into a traditional IRA account. Contributions may be tax-deductible depending on the participant's income. A traditional IRA defers federal income taxes on the earnings. Contribution limits and tax-deferred amounts are dependent upon your adjusted gross income and participation in other qualified plans. Roth IRAs Most members with earned income may contribute up to the allowable contribution per year to a Roth IRA. Higher income levels may qualify for reduced contributions. Unlike the traditional IRA, the Roth IRA has no mandatory withdrawal age. Participants can also make contributions past age 70 ½ if earning income. Contributions to Roth IRAs are not tax-deductible; however, the earnings may be tax-free if the withdrawals meet certain criteria as established by the Internal Revenue Service. Attention DROP Participants: Roll over your DROP Account or other funds into a Safe, Secure, and Stable AlaTrust Credit Union account. You can avoid tax penalties and roll over your DROP account to an IRA Certificate at AlaTrust Credit Union. Click Here to simply complete the Request for Distribution for DROP (RSA 10 D-D) form and the Request for DROP Termination (TRS 10 D-C) form and return both to the TRS. Then contact AlaTrust at 800-264-8031 to open the IRA account and set up your withdrawal methods. Your payment will not be taxed in the current year, and no income tax will be withheld. Call 1-800-264-8031 today and Start Building Your Nest Egg today!

  Link: CD's and IRA's

• Online Banking

  Online Banking Our Online Banking product is available to assist you with financial transactions 24 hours a day, seven days a week. With Online Banking, you can inquire about account information, retrieve statements, transfer funds, print history and much more. It's safe, confidential, easy and it's free. Access your account anywhere and anytime from a personal computer. Sign Up Today! www.financial-net.com/alatrustcu Bill Payer Make paying bills easy, safe and convenient from any personal computer. Use any AlaTrust Credit Union checking account of your choice today to start paying your bills without the hassle of writing checks and without the cost of stamps! This service is FREE for our members. Get Started www.financial-net.com/alatrustcu Mobile Banking AlaTrust Credit Union Mobile Banking is a fast and secure way to check your balance anywhere you are. You can also transfer funds! It’s easy and available at no charge!* Easy ways to access: Apps – for your iPhone, Android or Blackberry, download from the app store after following linked instructions below Mobile web – by typing www.alatrustcu.com into your mobile browser Text – you text us and we’ll text you back. You can also get alerts from us via text* View step-by-step directions (http://www.alatrustcu.com/Mobile-Setup) to help you set up Mobile Banking on your phone today. *Messaging and data rates may apply. Check with your mobile phone carrier for details.

  Link: Online Banking