FREE Checking - General Electric Credit Union

ATM Access
Members receive free GECU ATM transactions and can
make surcharge-free withdrawals at 5/3 Bank and Alliance
One Network ATMs. To locate surcharge-free ATMs, visit:
www.gecreditunion.org/debit-and-atm-cards and click “Locate
surcharge-free ATMs.” You can also download the Alliance
One mobile app through your app store; search “Alliance
One” to locate your nearest Alliance One ATM.
ATM Fee vs. Surcharge Fee3
An ATM fee is a small fee assessed by GECU to help offset
our expenses when members use a non-GECU owned ATM.
An ATM surcharge fee is charged by the ATM owner to
those who use their machines; members may be surcharged
at non-GECU owned ATMs and are informed about the
surcharge when making their ATM transaction. The ATM
surcharge is controlled, and collected, by the ATM owner.
Overdraft Protection
Overdraft Protection is a line of credit, tied to your checking
account, in case you overdraw your account. Rather than
a transaction being returned for insufficient funds, your line
of credit would be accessed, for a small transfer fee, for the
amount of the transaction. You can avoid the small transfer
fee by self-transferring the funds within free Online or Mobile
Banking. You can pay off the overdraft amount right away
or we’ll take monthly payments (plus interest) automatically
from your checking account. For more details, our complete
disclosure, or to apply, visit our website or contact us.
Set-Up Direct Deposit From Your Employer
You’ll need GECU’s routing number (242076821) and your
12-digit member number.* For assistance, please contact us.
*Your 12-digit account number is the Share ID + your member number with
added zeros in between to equal 12-digits. (The Share ID for GECU checking/
share draft = 100, the Share ID for GECU share/savings = 000). For example,
to determine your 12-digit checking account number: if your member number is
43210, your 12-digit account number would be your Share ID + your member
number to get “100000043210.” Please remember to add zeros after the Share
ID and before your member number to make it 12-digits.
General Electric Credit Union
Main Office Location
10485 Reading Rd. in Evendale
Monday – Thursday......... 9:00 - 5:00
Friday............................... 9:00 - 6:00
Saturday........................... 9:00 - 2:00
513.243.4328 • 800.542.7093
For additional office locations and hours,
please contact us or visit our website.
Phone Loan Center
513.243.5626 • 888.670.5626
Sourceline
513.243.3333 • 800.589.2875
www.gecreditunion.org
[email protected]
This credit union is federally insured by
the National Credit Union Administration.
General Electric Credit Union is
an Equal Opportunity Lender.
GECU NMLS #449875
2/2015
FREE
Checking
Still Truly FREE
Convenient Access
Free CashPlu$ ATM/Debit MasterCard®
Full of Value
General Electric Credit Union’s (GECU’s) FREE Checking
accounts offer you more for free than most others. They are
easy-to-understand and full of value!
• No monthly service charge, no matter your balance
• Free Online and Mobile Banking,1 e-Statements, and Web BillPay2 (see “Free Online Banking” section to the right for more information)
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No-monthly-fee CashPlu$ ATM/debit card
No per check charge
Free GECU ATM transactions and surcharge-free withdrawals at 5/3 Bank and Alliance One Network ATMs3 (see back of brochure for more information)
Overdraft protection option with the ability to self-transfer funds to avoid a minimal transfer fee
(see back of brochure for more information)
Deposits are posted before withdrawals
Checks are cleared from lowest to highest
No charge to complete a checking account transaction in
person or over the phone
• And, so much more!
GECU membership is required to utilize these products and services; contact us for
membership details. Fees may reduce earnings. Please refer to the “Know Your Share
and Share Draft Accounts” and the “Funds Availability” disclosures for account information.
1
Online/Mobile Banking and e-Alerts: You must be an Online Banking user to access
our online services. We provide Online and Mobile Banking and e-Alerts to you for free;
however, Mobile/Internet data charges may apply, as well as text message charges. Please
contact your service provider for details. 2Web BillPay: Our unlimited Web BillPay service
must be used in conjunction with a GECU checking account. Web BillPay is free to those
who are signed-up for our free e-Statements; otherwise it is $4.95/month.
Truly... They’re FREE
Some financial institutions have changed their checking
account structures to include fees or require other product/
service relationships as a condition to be free. We don’t have
any conditions to meet or require other relationships.4 You’ll
receive all of the value-rich benefits already listed on the left,
plus those specific to each account-type below.
Access either checking account by using our
no-monthly-fee ATM/debit card to make purchases
wherever MasterCard is accepted. It’s also accepted
at ATMs around the world! If you are traveling outside
of the immediate area in which you live, please let us
know when and where you’ll be traveling. We have fraud
protection strategies in place and want to ensure you have
uninterrupted use of your card(s).
FREE Checking
Free Online Banking
This is the perfect “everyday” checking account.
• No minimum amount to open or maintain
• Tiered dividend rates; earn dividends beginning at $1,000
• Free 1st box of GECU logo checks5
Premium FREE Checking
The perfect “everyday” checking account, for those with
higher balances.
• A minimum of $10,000 to open6
• Tiered dividend rates; earn a higher rate by maintaining a
higher balance – you control what you earn6
• Free first-year rental of a 3x5 or 5x5 Safe Deposit Box at
our Reading Road or Mason locations7
• Free 1st box of premium checks5
ATM Fees: GECU ATM fee may apply. For details, visit our website at: www.gecreditunion.org/
debit-and-atm-cards, or review our Fee Schedule by clicking “Disclosures” along the bottom
of any page. 4Product Relationship: GECU membership is required to open this account.
Contact us for membership details. 5Box of Checks: Only one box of checks will be granted
per primary member upon opening first GECU Checking account; offer not valid on subsequent
GECU Checking accounts of the same type. Refers to single, individual checks only (i.e., not
three per page). Design-A-Check is not included. Member may purchase additional boxes
at the credit union’s low prices. 6Premium FREE Checking: It takes $10,000 to open this
account. If the account falls below $10,000 any day of the month, there will be no dividends
paid on that day of the month. 7Safe Deposit Box: Offer valid on a first-come, first-serve basis;
while supplies last. This offer cannot be used in conjunction with other certificates, coupons,
or special offers. Contact GECU for pricing information. Safe Deposit Boxes available at the
Reading Road and Mason offices.
Online Banking is the perfect tool to use in conjunction
with our FREE Checking accounts to safely manage and
monitor your account anytime. And, once you have Online
Banking, you can use our other online services, including:
• e-Statements arrive faster and safer than paper ones
• e-Transfers allow you to transfer money between GECU
accounts or into your GECU account(s) from anywhere8
• e-Alerts can be set-up in order to receive email/text
messages for specific account details. For example:
balance, transaction, cleared check, and payment due
alerts1
• Web BillPay allows you to conveniently receive,
manage, and pay your bills all in one place.2 Plus use
Popmoney® to send and receive money from anyone.
• Free Mobile Banking1 provides on-the-go account
access with the ability to: transfer funds, receive text
alerts, access Web BillPay/Popmoney, and much more!
3
For more details about our online services, refer to our
Online Services brochure, visit our website, or contact us.
e-Transfers: Transfers between GECU accounts are free. You can make eight (8) free
transfers-in from an external account each month; then there is a $1.00 fee per transfer.
There is a daily maximum of $5,000 for transfers-in. There is a $5.00 fee for each
transfer-out, to an external account. There is a daily maximum of $2,500 for transfers-out.
Outbound transfers are placed on a seven-day hold, which is automatically removed when
the transfer processes.
8
With your membership comes value and we value you.