As a member of Bi-Mart Credit Union you can enjoy the benefits of Member Checking. With Member Checking your first order of checks is free! Overdraft protection, visa debit card, online banking and direct deposit are available.

To sign up for Member Checking a complete Application for Credit/Checking needs to be on file with the credit union. If you have filled out a loan application with the credit union in the past, only the Checking/Advance Request needs to be submitted. To apply for overdraft protection you will need to complete the Overdraft Disclosure & Authorization as well.

   
       
     

SHARE (SAVINGS)

A Member Share Account acts as a savings account. Credit unions are member owned, so the share account represents one share of ownership in the credit union. The minimum required share depost is $25.00. Dividends are paid quarterly on share accounts.

You can set up additional accounts under your member share account such as a checking account, a share certificate or a special savings account to save for a specific event such as a vacation.

A Monthly Manager Account has a minimum required balance of $2,500.00. It pays a higher dividend rate than a regular share account and the dividend is paid monthly. Withdrawals can be made without any penalty and if the balance falls below $2,500.00 the remaining funds are transferred back to the Member Share Account at the end of the month.

SHARE CERTIFICATES (CDs)

Share certificates pay a higher dividend rate than a member share account. You are committing to keeping the money on deposit for a specific amount of time, such as six months, or three years. For a list of currently available share certificates, minimum deposit amounts and current rates see our rate and fee schedule.

IRAs (Individual Retirement Accounts)

There are two basic kinds of IRAs, traditional and ROTH. With a traditional IRA, income placed into the account is not taxed until the money is withdrawn. With a ROTH IRA, dollars that have already been taxed are placed into the account and the money is not taxed when it is withdrawn. For more information on IRAs, or to obtain IRA forms, contact our office.

       
     

WIRES

Bi-Mart Federal Credit Union offers incoming and outgoing domestic wire services. Fees for these services can be found on the rate and fee schedule.

PAYROLL DEDUCTION

Bi-Mart Corporation employees can set up a Payroll Deduction to make loan payments or share deposits directly out of their paychecks by completing a Payroll Deduction Card.

CASHIERS CHECKS

Cashiers checks are guaranteed funds. Unlike a personal check the funds are withdrawn from the account at the time the check is written. If you need a cashiers check written from your account please contact the credit union office. To be mailed the same day, any requests for a cashiers check must be received by 3pm.

       
       
MAIL: PO BOX 2764 EUGENE, OR 97402 VISIT: 645 S SENECA EUGENE, OR
CALL: 541.341.4674 TOLL FREE: 800.716.2628 FAX:541.341.6432
E-MAIL: info@bimartcu.org
© 2012 Bi-Mart Federal Credit Union