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Services available from your credit union
Founded on the basic democratic premise of the cooperative movement, your Credit Union believes that access to low-cost financial services is critical to the health and stability of ordinary citizens. Credit union membership offers many benefits. Services offered range from simple savings to home equity loans to IRAs. Study after study has revealed that, on average, credit unions provide the best financial offerings with fewer fees, lower rates on loans and higher rates on savings. |
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Page Index |
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Loans |
Savings & Investment |
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LOANS
New and Used Auto Loans
| We make your car buying experience a breeze! Finance your new or used car, truck or van at your Credit Union. We offer flexible financing terms and competitive rates. |
Signature Loans
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The maximum amount on a signature loan is $5000 with a maximum term of 60 months based on the amount of the loan. |
Line of Credit
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Our line of credit loan can be used for a family vacation, car or home repairs, or any other expense that may come up. The maximum amount is $10,000 based on approved credit. |
Over Draft Protection
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Overdraft protection loans are used for covering checking accounts, and are for those with no credit or who are trying to rebuild credit. |
Loan Consolidation
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Our consolidation loan is used to help members payoff other debt so that they have one bill. The maximum amount is $10,000 on approved credit and the credit union will pay the bills for you. |
Savings & Investment
Share Accounts
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Ketema Federal Credit Union's share accounts let you deposit your money in a savings account and withdraw your money generally at any time.
Rate Information - Our share accounts are designed as variable rate accounts on the Rate Schedule. This rate and yield may change at any time at the Credit Union's discretion. |
Share Draft Accounts
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Ketema Federal Credit Union offers share draft, (checking) accounts which let you withdraw your money and write checks against your account at any time.
Minimum Balance and Deposit Requirements - The minimum deposit required for you to open a share draft account is $20. Please refer to the fee page for information about monthly fees and conditions. |
Christmas Club Accounts
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Dividends will be compounded annually and will be credited annually. For our Christmas Club Account the dividend period is annual. For example, the beginning date of the first dividend period of the calendar year is November 1 and the ending date is October 31. All other dividend periods follow this same pattern of dates.
The minimum deposit required for you to open a Christmas Club Account is $1-. You must maintain a minimum average daily balance of $1- in your Christmas Club Account to obtain the annual percentage yield stated on the Rate Schedule and to avoid closure.
Our Christmas Club Account may be opened at any time. Funds will be disbursed to you on or about November 1. If a withdrawal is neccessary, any accrued dividends will be forfeited. |
Share Certificate Accounts
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Whether you just need to place a stash of cash short term or you're looking for long-term investment vehicles, your Credit Union has what you need.
Ketema Federal Credit Union's share certificate accounts let you deposit your money for a specified period of time. The minimum amount to open a certificate is $1000.
Truth in Savings Disclosure |
IRA Accounts
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Dividends will be compounded monthly and will be credited monthly. For the IRA Share Account the dividend period is quarterly. For example, the beginning date of the first dividend period of the calendar year is January 1 and the ending date is January 31.
The minimum deposit required for you to open an IRA Share Account is $25. You must maintain a minimum average daily balance of $25 in your IRA Share Account to obtain the annual percentage yield stated on the Rate Schedule and to avoid closure.
All other terms and disclosures for our Individual Retirement Account are contained in the Credit Union's Individual Retirement Account agreement and disclosure statement, which by this reference is incorporated into this account disclosure in its entirety. When you open your Individual Retirement Account, the Credit Union agreement and disclosure statement will be provided to you. |
VISA Credit Card
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The KFCU VISA cards have attractive rates for both the Classic and Platinum. There are 2 different rates to choose from, so stop by and pick up your application today.
Although we are promoting our credit card program, we are also promoting good credit habits. If you have other cards at higher interest rates, look at transferring the balance to our lower rate. Watch how you use your credit though, limit your debt to your ability to repay and don't go into debt for items you don't really need. Don't let your bills for credit exceed 10% to 20% of your monthly take-home pay. | | 
