Savings/Investment Program

Share Savings Accounts
Your regular Share Savings Account is your basic credit union account. They are called shares because they make you a part owner of the credit union. This account pays dividends from the date of deposit to the date of withdrawal. A Minimum deposit of $5.00 is required to open and you may add or withdraw from your account at any time. A Share Savings Account must be opened for you to enjoy the benefits of other services.

Super Saver Tiered Accounts
This account pays higher dividends based on the amount that you have on deposit. This account also pays dividends from the date of deposit to the date of withdrawal. This account is designed for larger dollar amounts that you don't want to tie up for long periods of time.

Certificates of Deposit
We offer several certificates. You may start a CD with a $1,000.00 deposit and pick a term that is suitable for you.

Christmas Club and Vacation Club Accounts
These club accounts are a good choice to save for a special season. Unlike many club accounts elsewhere, we give you flexibility. There are no minimum deposits or scheduled payments required. You decide when and how much to deposit. Payroll deduction or transfer from other direct deposits is a convenient way to build these accounts. Dividends are paid from the date of deposit to the date of withdrawal and checks are mailed once a year.

Individual Retirement Accounts
Opening an IRA can mean financial security during your retirement plus it will allow you to reduce your tax dollars. Government limitations are set regarding annual contributions. We have traditional IRA's, Roth IRA's, Educational IRA's, and SEP IRA's available. You will need to contact us to determine which one fits your needs.

Share Draft Checking Account
This checking account is a convenient way to access your account. Every time you write a check you make a copy. Every month you will receive a detailed statement showing all transactions on your account. There are no transaction fees on the account and no monthly fee if you maintain a daily balance of $200.00. If you fall below $200.00 there is a monthly fee of $3.21. Overdraft protection is available for eligible members. In the event of an overdraft, we will transfer from your savings account.

Member Insurance
Loan Protection Life Insurance is available to eligible members. This insurance pays off your loan balance in the event of your death. Credit Disability Insurance makes your payments for you if you are off work due to an accident or an illness. These insurances are included in your monthly loan payment for your convenience.

GAP insurance is available if your vehicle is totaled or stolen. It will cover the "gap" between what you owe on your loan and what your insurance settlement is on the vehicle. It also pays $1,000.00 towards the replacement vehicle if the loan is done at the credit union.

Mechanical Break Down (Extended Warranty) is available for most vehicles. Check with us to see if your vehicle qualifies and to compare costs and coverage.

CUNA Mutual Insurance insures only credit union members and provides a wide array of insurance products through your credit union membership. They offer auto insurance, accident insurance, life insurance cancer insurance, just to list a few. You will receive several mailings from them to keep you informed of their services.

All savings accounts are federally insured by the NCUA (National Credit Union Administration) an agency of the U.S. Government. Accounts are insured to $250,000.00.

Payroll Deduction and Direct Deposit
You can use payroll deduction and direct deposits to take care of many of your credit union transactions and save you time. Payroll deduction helps you save systematically and is deducted from your paycheck and sent to your credit union account regularly. Loan payments may also be handled in this manner. This service is available for many members-however, we advise you to see if payroll deduction is available through your employer. With Direct Deposit you can have your entire paycheck, Social Security, pension, retirement or any other recurring payment sent automatically to your saving or checking account. This provides an instant and safe deposit of your funds and can save you time, postage and trips to the credit union office.

Loan Products

Consumer Loans
We offer loans for just about anything you can buy. We offer auto loans, truck loans, motorcycle loans, boat loans, camper loans, ATV loans, snowmobile loans, jet ski loans, computer loans at very competitive rates. If you are purchasing something and a dealer says he will shop and get you the best rate, be sure to check with us before signing anything to see if we have a better rate available.

Share Secured Loans
These loans let your money work for you. We secure the loans with the money on deposit at FCCU and give you an interest rate that is lower than if we held a title for security. The money stays in your account and continues to draw dividends but is frozen against your loan balance.

First Mortgage Loans
These real estate loans are done with a mortgage broker to provide housing loans at a competitive rate. These loans are available for a property located anywhere in the state of Iowa.

Platinum Atira MasterCard®
We offer the Platinum Atira Mastercard that can be used at any merchant worldwide that accepts Mastercard. The card earns reward points with every purchase that can be redeemed for cash, travel or merchandise. The card also has a zero fraud liability to protect the member. Low interest rates are based on the member's credit score.

Signature Loans
These are unsecured loans that are available for any purpose. These loans have a maximum amount of $5000.00.

One Payment (Term) Loans
If you have an income coming at a future time, you can avoid monthly payments by taking out a One Payment Loan. This loan has the principal and interest due upon maturity. They are set up for repayment in one year or less.

All of our loans except First Mortgage and MasterCard® can be set up for Quarterly, Annual, Semi-Annual, etc. These loan payments can be set up to match the way your income flows. Call for details on these type of alternate payments.

Other Services

Notary Service
We have free Notary service for all members.

Travelex Check Card
We offer the convenience and security of Travelex Check Card. They can be replaced if they are lost or stolen. These are accepted at most business establishments. This card replaces the old paper Travelers Checks. You purchase this card for whatever amount you need and use it like cash.

Money Orders
Use instead of cash and keep a duplicate for your proof of payment.

U.S. Savings Bonds
Save for the future by purchasing Savings Bonds. The interest is adjusted each year in May and November. You can buy or redeem your bonds or you can go online at to purchase bonds and check your values.