Why choose Water’s Edge Federal Credit Union?

Services

  • Savings Accounts

  • Christmas Club

  • Certificate of Deposits

  • Various Types of Loans

  • Various Types of Insurances

  • ACH Originator

  • Notary Service

Member accounts federally insured to at least $250,000 by NCUA and backed by the full faith and credit of the United States Government. Full account disclosures upon request. Equal Housing Opportunity.
 

Savings Accounts, Certificate of Deposits, and Christmas Club Accounts

Share Savings Account

  • $5 minimum deposit

  • Dividends are compounded and credited quarterly to account, starting at $200.00

Certificate of Deposits

  • $2,500 minimum deposit

  • Dividends are compounded and credited yearly to account

  • High Dividend Rates

  • Choose 1, 2, or 5 year terms

Christmas Club Account

  • $5 minimum deposit

  • Convenient payroll deductions apply

  • Earn yearly dividends, at higher than our shares dividend

  • Checks mailed in mid-October

Insurance

NCUA Insurance

  • Member accounts federally insured up to $250,000 by the National Credit Union Administration

Credit Life Insurance

  • Protect loved ones from paying credit union debts if the borrower dies.

  • Low-cost monthly premiums

Credit Disability Insurance

  • If injured or sick over 30 days, insurance will pay payment. *

  • Low-cost monthly premiums

GAP Insurance

  • Protect the value of your vehicle if stolen or totaled.

  • Covers the “gap” between vehicle’s value and the amount you still owe.

ADR Insurance

  • As part of the GAP Insurance program, comes: Complimentary Auto Deductible Reimbursement, Personal ID Restoration Consulting, & Warranty Value

TruStage™ Insurance

  • Accidental Death and Dismemberment Insurance

  • Life Insurance

* Contact credit union staff for details

Loans

Speak with a member of our loan team today at (228) 896 - 0038

New and Used Auto Loans

  • Competitive Rates, starting as low as 2.49%

  • Terms up to 84 months, depending on value of vehicle

Recreational Vehicle Loans

  • Boats, campers, motor-homes and motorcycles

Personal Loans

  • Short term loans for household items, vacations, or other expenses

Line of Credit Loans

  • More Flexible than traditional loans

Shared Secured Loans

  • Borrow against your own money on deposit at a low rate

Fee Schedule

New Membership Fee - $15.00 - One Time Fee
One Share, to Open Account - $5.00 - One Time Fee
Loan Processing Fee, Collateral & Signature Loan - $25.00 - One time Per Loan
Loan Processing Fee for Christmas Loan - $25.00 - One time Per Loan
Loan Late Fee, over 30 days - $15.00 - Per Month
Dormant Account Fee* - $5.00 - Per Month, up to $200
GAP/ADR Insurance - $670.00 One Time Fee

*On Dormant Accounts with a balance under $200. Starts May 1, 2017.