FedPerks

Experience The Best of FedChoice with FedPerks

We love our members, so we wanted to express our gratitude with our new loyalty program, FedPerks!

Qualifying members will enjoy a 0.25% increase on select Share Certificate products, a 0.10% increase on Money Market products, $250 Lender credit on select products and more!

To qualify, members must...

Be an Active Member

• Enroll in eBanking
• Have a combined loan or balance of at least $5,000
• Five transactions or more across accounts
• Maintain a positive account balance^#

OR...

Be a Long Term Member

• Be a FedChoice member in good standing for 10 years or more
• Maintain a positive account balance*

Eligibility and Qualification

Your qualification for the program is determined on a month-by-month basis. If you qualify in a given month, you will maintain that status for the rest of that month and the entirety of the following month. However, if you do not meet the qualifications during the second month, you will lose your FedPerks status. To regain it, you must re-qualify by meeting all the program's criteria again in a future month. You must maintain your eligibility each month to keep your FedPerks status for the following month.
#Active Members must satisfy all of the following conditions:, 1. Be enrolled in eBanking. 2. Maintain a combined average daily loan or deposit balance of at least $5,000 across all accounts. Loan balances would be amount advanced or loan balances. 3.  Complete five (5) or more transactions per month across all accounts. 4. Maintain a positive account balance in all accounts. Account must not be negative for more than two weeks during the last 30 days.
*Long Term Members must satisfy both of the following conditions: 1.Be a FedChoice Federal Credit Union member for 10 years or more. 2.Maintain a positive account balance in all accounts. Account must not be negative for more than two weeks during the last 30 days.

Perks

Share Certificates: A 0.25% yield bump will be applied to eligible Share Certificates each month, provided the member qualifies for FedPerks during that period. If qualifications are not met, the bump yield will not be applied. Renewals are considered new certificates and will be subject to terms as of the date of renewal.
Money Markets: A 0.10% yield bump will be applied to eligible Money Market accounts each month, provided the member qualifies for FedPerks. If qualifications are not met, the yield bump will not be applied.
Real Estate Lender Credit: Receive a $250 lender credit towards FedChoice real estate products, including Mortgages, Home Equity Loans, and Home Equity Lines of Credit. This credit may be used once per year.
Fee Waiver: Receive one (1) fee waiver per year, applied upon request. Members must contact FedChoice to receive this benefit.
Auto Loan Discounts: A $25 discount on GAP and/or MBP may be applied to any auto loan application where applicable.
Expedited Card: Receive one (1) free expedited card per year, applied upon request. Members must contact FedChoice to receive this benefit.

FedChoice Federal Credit Union reserves the right to modify, suspend, or terminate the FedPerks program and its terms at any time without prior notice.