It’s the most wonderful time of the year: Educators Credit Union Loyalty Pay Back season! In 2018, Educators Credit Union is putting a total of $3.1 million into our members’ accounts based on their loyalty.
Educators Credit Union member-owners are the reason we can make a difference in their lives, their families lives, and the lives of their friends and neighbors. Their investment empowers us to:
- Help members borrow and save money at competitive and fair rates.
- Donate time and money to nearly 100 local charitable organizations.
- Teach thousands of area students crucial financial literacy lessons to prepare them for adulthood.
- Support and help more than 275 local events in our 11-county service area.
- And so much more!
There is no chance Educators Credit Union could make the impact we do without our members. Every service they use and commit to helps us achieve more in the places where we live and work.
To thank our members for their continued support, the 2018 Loyalty Pay Back Reward will be awarded based on the number of services they use. Payouts will be divided into three groups: member-owners using three to four qualified services, member-owners using five to six qualified services, and member-owners using seven or more qualified services. Qualified services are:
- Auto Loan or Lease3
- Business Checking Account4
- Business Credit Card4
- Business Line of Credit4
- Checking Debit Card2
- Credit Card2
- Direct Deposit2
- First Mortgage Home Loan3
- Home Equity Loan3
- Individual Retirement Account (IRA)3
- Investment Services Account3
- Mobile Banking2
- Money Market Account3
- Other Loan – Personal, Student3
- Share Certificate3
Members have until Nov. 30 to add services to their account ahead of Loyalty Pay Back. Educators Credit Union members can use Online Banking, stop in at a branch or call 262.886.5900 to add a new service.
1To qualify, members must be in good standing. Member’s accounts cannot be in the negative and loan payments cannot be past due or have charged off balances. Each service will only be counted once. For example: if a member has an account with multiple share certificates, those certificates would be counted as ONE qualified service. Reward is available for up to two account numbers per primary member.
2Service must have active use with at least one posted transaction in November. Using the Educators Mobile Banking app qualifies as Mobile Banking.
3Loan and deposit accounts must have a balance greater than zero on Nov. 30 to qualify. The Rapid Relief Loan, Fresh Start Loan and Credit Rebuilder Loan do not qualify for the reward.
4To qualify for the Business Member Pay Back Reward, a business must have a business checking, business line of credit and a business credit card with Educators. They have to be open and at least two services have to be active in the month of November.