$150 Bonus & as low as .99% Rate when you open a Checking Account with Direct Deposit & Refinance a non-CFCU Auto Loan
TERMS AND CONDITIONS — The Details and Disclosures for Good Neighbor Promotion
The County Federal Credit union is pleased to offer a bonus of $150 to members who open a new share draft/checking account, establish direct deposit within 60 days of opening the account and refinance a non-CFCU auto loan at a promotion rate as low as .99% annual percentage rate (APR) for 2017 or newer autos. The checking account must remain open, active, and in good standing through the qualifying period to receive the bonus.
To receive the bonus, members must:
- Open a new personal share draft/checking account with The County Federal Credit Union with a minimum monthly direct deposit of $500.00;
- Establish a recurring electronic direct deposit of a paycheck, pension, or government benefit (such as social security) from a member’s employer or the government within 60 days of opening the personal share draft/checking account. Deposits received in connection with goods sold, person-to-person transfers between your County Federal Credit Union accounts or accounts at other financial institutions or brokerages do not qualify; and
- Maintain membership in good standing for 90 days. Membership in good standing requires that all account balances associated with the account holder’s Social Security Number must remain at or above the required minimum balance (see Rate & Fee Schedule for minimum balance requirements), and any loan associated with an account owner’s Social Security Number must not be past due (no more than 29 days past the Payment Due Date).
- Refinance an existing non-CFCU auto loan through the Mars Hill Branch, for a minimum amount of $7500. In order to receive the promotional rate as low as .99% APR, the borrower must have credit in good standing — the information provided are for new loans only, terms and conditions may vary based on the amount borrowed, creditworthiness, year, and type of vehicle. The rate quoted is for a 60-month term and for 2017 or newer vehicles. Existing CFCU auto loans not eligible for refinancing.
Promotion rates and terms subject to change without notice.
Once the above criteria have been met, the bonus will be directly deposited into the eligible checking account by electronic deposit within the next statement cycle.
Not available on business purpose accounts. Limit one bonus payment per member (based on Social Security Number) and cannot be used in conjunction with other bonus offers. This offer is subject to change without notice and may expire at any time. All applications are subject to credit approval, terms and conditions apply, see a loan officer for additional information.
If you have questions call the Mars Hill Branch at (207) 425-8008, Monday through Friday, 8:30 a.m. to 4:30 p.m. Eastern Time.
*APR = Annual Percentage Rate – Terms and conditions will vary based on the amount borrowed, creditworthiness, year, and type of vehicle. The rate quoted is for a 60-month term and for 2017 or newer vehicles.
Example: A $10,000 loan financed for 60 months at .99% would result in a payment of $170.91.