A service offered FREE for credit union members!

Checking Accounts

• Share Draft Checking Account --

  Enjoy Free Checking from Central Valley Federal Credit Union!
  For your convenience, we offer a "Share Draft" checking account that provides members with the ability to write an unlimited number of checks from this account.  Direct Deposit, Payroll Deduction and ACH transactions are also available with this account.  
  
  Members may open a share draft account at any time after opening a share savings account.  There is no minimum balance requirement to open a share draft account, however, members must maintain $100 in their regular share savings account.  There is no minimum balance requirement or monthly fees on this account.
  
  Members may reorder their checks direct from Liberty, our check printer.  To reorder your Liberty checks, simply click on the link:  http://reorder.libertysite.com/default.aspx   

Savings Accounts

• Share Savings Account --
  
  All members are required to open and maintain a Share Savings Account with an opening balance requirement of $50.00 and a one-time membership fee of $1.00.
  
  Dividends on your Share Savings Account are compounded and credited quarterly on your average daily balance of $100.00 or more. 
  
  Annual Percentage Yield                 .05% APY
  Dividends Compounded                   Quarterly
  Dividends Credited                         Quarterly
  Dividend Period                             Calendar Quarter
  Minimum Opening Deposit                $50.00
  Minimum Balance (to avoid
                     service charge)           N/A
  Minimum Balance (to earn                
                  the stated APY)             $100.00
  Balance Method                             Average Daily Balance

   

• Certificates of Deposit --

  A Share Certificate is a great way to invest for the future.  Dividends are credited and compounded quarterly on your average daily balance.  Rates are subject to change.  Check with the credit union for current rates.
  
      Term                 Minimum to Open        APY
    6 Month CD              $500.00                .15%  
  12 Month CD              $1,000.00             .25%
  
          
   

• Christmas Club Accounts --

  A Christmas Club Account is a great way to save for holiday expenses.  You may open a Christmas Club Account at anytime during the year with no minimum balance requirement.  Make regular deposits to your account as a way to save for holiday expenses.  Your dividends are compounded and credited quarterly on your average daily balance of $100.00 or more.  In October, after the final credit of dividends to your account, we'll distribute the account balance to either your share or share draft account.  You also have the option to receive a check through the mail.
  
  Annual Percentage Yield                 .05APY
  Dividends Compounded                   Quarterly
  Dividends Credited                         Quarterly
  Dividend Period                             Calendar Quarter
  Minimum Opening Deposit                $5.00
  Minimum Balance to Avoid
                    Service Charge           N/A
  Minimum Balance ( to earn
                  the stated APY)            $100.00
  Balance Method                            Average Daily Balance

• Vacation Club Account --

  A Vacation Club Account is a great way to save for that trip of a lifetime.  You tell us when you'd like to go and we'll distribute the account balance to you after the final credit of dividends to your share or share draft account.  Or, we can mail a check direct to you.
  
  You may open a Vacation Club Account at anytime during the year with no minimum balance requirement.  And, you can make regular deposits to your account throughout the year.  Your dividends are compounded and credited quarterly on your average daily balance of $100.00 or more.
  
  Annual Percentage Yield               .05% APY
  Dividends Compounded                 Quarterly
  Dividends Credited                       Quarterly
  Dividend Period                            Calendar Quarter
  Minimum Opening Deposit               $5.00
  Minimum Balance to Avoid
  Service Charge                             N/A
  Minimum Balance to earn
  the Stated APY                            $100.00
  Balance Method                           Average Daily Balance

• SPECIAL PROMOTION --

Loans

• Vehicle Loans --

  Central Valley Federal Credit Union offers members a wide variety of loan programs for different needs.  See our current vehicle rates/terms listed under Loan Rates on the left-hand side memu.

• Share Secured Loans --

  To apply for a Share Secured Loan simply stop in the office for an application.  You may also call or e-mail a request for an application to be mailed to you.  Automatic payment is available with any of our loan services.  One monthly payment for each loan is required to be maintained in the member's regular share account.
  
                        Term                 APR
                12-48 months         5.00%
  
  
                                                 

• PAY DAY LOAN --

  ALTERNATIVE TO PAY DAY LENDING

• Used Car Special - 2008 - 2011 -- TYPE SERVICE DESCRIPTION HERE

Other Services

Emergency Economic Stabilization Act of 2008 temporarily raises the basic limit on Federal Deposit Insurance Coverage from $100,000 to $250,000 per depositor. The $100,000 will return 12/31/2013.