Wednesday, October 12, 2011

CEFCU Announces New Dividend Checking

CEFCU is pleased to introduce Dividend Checking.  The new Dividend Checking provides
current CEFCU members the convenience of using their existing Checking account number and Check+ Debit Card while earning dividends.  Dividends will be paid on a tiered-rate system based on average daily balances of $2,500, $5,000, and $10,000.  Members can write an unlimited number of checks per month, with no minimum dollar value required for the check amount.  Plus, options are available for overdraft protection and coverage.

According to Todd Haller, CEFCU Vice President of Electronic Funds Transfer, “CEFCU is always looking for ways to continue to meet members’ financial needs.  Dividend Checking is a product members have requested, and we are very excited to be able to provide this new option for them.”

With assets totaling nearly $4.6 billion, CEFCU serves over 283,000 members through 19 central Illinois Member Centers and 3 Member Centers in Santa Clara County, California; the CEFCU Financial Center; the Money Center 24 ATM Network; CEFCU’s website, cefcu.com; cefcu.mobi; the surcharge-free CO-OP ATM Network; and the CU Service Center Shared Branch Network.

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