 Convenience
Services
Let's get one thing clear: not all conveniences are bad for you.
In fact, the ones that credit unions offer their members can make
life a lot easier!
Of course, different credit unions offer different "convenience
services" so be sure to ask your credit union what's available.
The services to ask about include:
 Of
course almost every credit union offers both saving
accounts and checking accounts.
Not yet a member of a credit union? Click on the CU Magnifying
glass to find one!
Direct Deposit
Direct Deposit has these benefits:
Convenience - No waiting
in line, no rushing to the credit union to cash your paycheck,
and no worrying about being out sick on payday. With Direct Deposit
your paycheck will be automatically deposited in your account
and will be immediately available for your needs.
Safety -Your employer will
provide you with a non-negotiable pay stub for your financial
records, so you won't have to worry about lost or stolen paychecks.
Financial Control - You
can have your entire check deposited into one account, or you're
able to choose several accounts that you would like your money
distributed into. These accounts may include checking, savings
and special club accounts.
Direct
Deposit is a great way to have your transactions taken care of
for you. Ask your credit union if direct deposit is available,
and then check with your employer to see if you qualify. Need
to find a credit union? Click on the CU Magnifying glass to find
one near you!
ATM Card
Yes, the money machine. Most of you have seen and accessed an
Automatic Teller Machine. For more information about this convenience,
click here.
Debit Cards
Debit cards allow you to make purchases by withdrawing funds directly
from your checking account without even writing a check. Ask your credit union if a debit card
is available.
Credit Cards
Don't be tempted to sign up for a card just because the letter
in your mailbox states, "You're pre-approved!" After
all, you're in high school. You don't need to pile up the debt.
(To be honest, no one needs to pile up the debt!) To learn more
about credit cards, just click here!
Online Banking
This might be the most convenient service of all — checking
your account balance and making transactions from your home computer!
Just be sure the site is secure. (For tips on secure sites, visit
our online shopping section.)
Ask your credit union if home banking is available.
Telephone Teller
This service lets you check account balances and even transfer
funds — all by following prompts on your phone. Ask your credit union if this service is available. If you're not yet a
member of a credit union, just click on the CU Magnifying glass
to find one!
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