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Loans:
BCBSNC Credit Union offers New and Used Auto Loans, Boat and Motorcycle Loans, Personal Loans, and Secured Loans. To see our great rates, click here . Each loan application will be reviewed individually by a loan officer or the Credit Committee and will be based on character, creditworthiness, capacity to repay and collateral of the person involved. Every effort is made to review and application within 24-48 hours after receipt. Apply now by clicking here to take you to our online loan application.
New Products:
If you're in need of special help with purchasing a car, BCBSNC CU can help. We have added a new product called our Necessity Auto Loan. Sometimes members have difficulty qualifying for a car, but they are still in need of transportation to and from work. Our Necessity Auto Loan offers a maximum loan amount of up to $7,500 toward the purchase of the car. There is no age limitation on the vehicle, but it cannot have more than 80,000 miles. The maximum term will depend on the age of the vehicle. Contact Lisa Costner at 765-1370 or email her at lisa.costner@bcbsnc.com for more details.
Auto Specials continue: Our rates are the best around. Take advantage of year-end model sales with our new auto rates as low as 4.99%*. Used autos are at their lowest at 5.25%*. [*Rates are based on Beacon score.] Click here to view the rates page for all our loans.
Credit Cards:
BCBSNC CU offers two types of credit cards to serve your needs. Our Visa card is designed to offer you all the conveniences you welcome in your life. It saves you valuable time. It makes your life less complicated. It saves you money!! Best of all, it comes from BCBSNC Credit Union - people you really know and trust.
Card Features:
- Low Rates!
- No annual fee
- 25-day grace period on purchases
- Minimum credit limit is $300
- Maximum credit limit is $10,000
- Worldwide acceptance of Visa. Instant cash advances when you use your Visa at ATM's displaying the Visa logo.
- Travel Accident Insurance - automatically receive $250,000 of free travel accident insurance when you purchase your common carrier travel tickets with your BCBSNC Credit Union Visa card.
Transfer balances and save $$$$
Rates:
- Visa Classic: 6.65% as of 3/5/09 - [prime + 3.4%. Prime is defined as Wall Street Journal Prime rate]
- Visa Secured: 4.75% as of 3/5/09 - [prime + 1.5%. Prime is defined as Wall Street Journal Prime rate] Visa Secured card requires a secured savings deposit equal to the credit limit.
As of December 16, 2008, the Wall Street Journal prime rate is 3.25%. Our credit card rate will not exceed 18%.
Click here and apply online! You can contact a Membership Service Representative for more information by calling 919-765-1678.
For inquiries concerning your credit card account or to report a lost or stolen credit card, call 800-322-8472.
For credit counseling assistance on your credit card contact our partners at BALANCE toll free at 877-847-2155.
Savings Choices:
Share Savings Account:
BCBSNC Credit Union offers several types of savings deposit accounts. As a member, you automatically have a Regular Share Savings account. Other types of savings accounts include dependent accounts, trust accounts, custodial accounts, youth accounts, and Christmas club accounts. If you are saving for a special trip or event, open a savings account and stash away money using direct deposit. You'll be surprised how quickly the money grows. These accounts pay a dividend each quarter as declared by the Board of Directors. Deposits are accepted by cash, check, payroll deduction or direct deposit. Member deposits are insured by NCUA up to $100,000.
Visa Checkcard:
The Visa Checkcard is an expansion of our current ATM/POS card. In addition to the merchants which use the Star or Cirrus networks, it allows you to make purchases at any merchant which displays the Visa Logo.
Please be aware that:
- the daily limit on withdrawals at an ATM machines is $300.00 The daily limit for purchases is $500.00.
- if you use your Card to purchase goods and services, you authorize us to debit your checking account and you agree that your authorization may result in the immediate withdrawal from the account, even though the transaction may not actually be posted to that account until a later date.
- As a result, the availablility of funds in your account can be affected and a hold may be placed.
- This hold, which may be more or less than the final transaction amount, may affect the availability of funds in your account to authorize and pay checks and electronic transactions. Checks or electronic transactions may be declined, dishonored, or not paid and will result in NSF fees and/or other charges against your account (including Overdraft fees).
- Upon this occurrence you will receive the appropriate return notice.
Mortgage Services:
We offer these sources for your mortgage needs:
Mortgage Resource Center: For help financing or refinancing a home, contact Mortgage Resources at 1-800-732-5182 or online at www.mtgresourcecenter.com .
Certificates of Deposit:
Certificates of Deposit are share accounts which are restricted by a defined term of months selected by the member. These types of deposits pay a little higher interest rate than regular shares. BCBSNC CU offers a number of terms and also offers jumbo rates.
- Member must have a Regular Share account with a minimum balance of $25 before a certificate can be purchased.
- A certificate can be used as collateral for a loan.
- Withdrawals are not permitted prior to maturity of the certificate.
- Dividends are computed for the exact number of days for the term of the certificate.
- The interest rate and APY (annual percentage yield) are subject to change. The rate will be announced the first day of the new month. The rate is not tied to an index and will be changed at the sole discretion of the credit union Board of Directors. The interest rate and APY may change monthly.
- Dividends are posted to the certificate of deposit on the date of maturity.
- The certificate will automatically renew at maturity unless otherwise instructed by the member. If not renewed, funds will be distributed as directed by the member.
- The certificate may be redeemed without an early withdrawal penalty within 10 calendar days beginning with the maturity date. No dividends will be paid for the grace period if the member redeems the certificate.
- There is a 2% interest penalty for early withdrawal. Example: if a certificate is purchased at the interest rate of 6% and the member redeems early, the certificate will earn only 4% for the exact number of days the certificate was outstanding. Member will never lose the principal.
Minimum deposit will be based on the term of the certificate. Term requirements to obtain a particular rate:
Individual Retirement Accounts:
BCBSNC Credit Union offers a Traditional IRA Account, an Educational IRA Account, a Roth IRA as well as IRA Certificates of Deposit. Contact one of our membership service representatives to set up an IRA account. These deposit accounts pay our highest dividend. Please refer to the rate section of our website to view the latest rates.
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