Credit Union Services

Direct Deposit

We are set up to receive ACH Deposits through the Federal Reserve Bank.  If your employer offers you direct deposit we will help you set that up with your employer.

Direct Deposits are set up via contract between your employer and you.  Any changes to the amount or receiving account or discontinuation of this service will need to be between you and your employer.  We can only provide you with the correct ABA & Account Numbers needed for this service.

ACH Distribution

Have your Direct Deposit sent in one lump sum and we will distribute it into as many different accounts and/or loan payment as you request.  You manage your Direct Deposit Distribution without going through your employer.

There is a big advantage to this service.  With this service any changes on how your funds we have received are disbursed are handled between you and your Credit Union.  There is no need to contact the payroll office of your employer if we are handling it on our end.

ACH Debits

We are set up to receive ACH Debits through the Federal Reserve Bank.  If you want to set up pre-authorized payments with another vendor, and they offer this service, we will help you.

ACH Debits are set up via contract between your vendor and you.  Any changes to the amount or debiting account or discontinuation of this service will need to be between you and your vendor.  We can only provide you with the correct ABA & Account Numbers needed for this service.

ACH Origination

We are set up to Originate ACH transactions.  This means that we can via ACH through the Federal Reserve Bank originate both reoccurring deposits, such as payroll, to debit an account with us and credit an account at another financial institution or reoccurring debits to credit an account, or make a loan payment, with us and debit an account at another financial institution.

ACH Originations are set up via contract between us and you. Any changes to the amount or crediting/debiting account or discontinuation of this service will need to be between you and us.

Automatic Loan Payments

You can set up your loan payment with us to be automatically deducted on the due date or the next business day after the due date from any account you have at the Credit Union.

When set up on Automatic Loan Payments the payment is triggered by the due date, therefore you cannot pay the loan ahead for this service to work.  If you wish to pay down on the principal balance let the teller know that you are set up on Automatic Loan Payments so that they can adjust your due date back to the date previous the payment.

Notary Public Services

The Credit Union provides FREE Notary Public Services for our members. All staff members are notaries. Please call the Credit Union to schedule an appointment when notary services are needed.

Kelley Blue Book or NADA Used Vehicle Quotes

We can almost quote any type of titled non-commercial vehicle as to its Trade-In or Retail Value.

We need as much information including mileage as you can provide for us to give you an accurate quote.

Kelley Blue Book New Vehicle Quotes

We can quote almost any make of Non-commercial Automobile, Truck, SUV, or Van.

We need as much information as you can provide for us to give you an accurate quote.

Whatever it is, the way you tell your story online can make all the difference.

Additional Member Benefits at No Cost!

Through a partnership with American Income Life Insurance Company, additional benefits are being provided to all members of Local 20 IBEW Federal Credit Union.

BENEFITS INCLUDE

• A Group Accidental Death & Dismemberment Benefit

• Health Services Discount Card

• Child Safe Kit

Learn more at mybenefits.ailife.com

Enter access code: sgb9o

Kelly Penick

Public Relations

828.773.3587

kdpenick@ailife.com www.ailife.com

An AIL representative will contact members who return the reply card to arrange a convenient time to deliver their benefits and review other supplemental insurance benefits that may be available.