Checking Account Savings Account Super Saver Account
ATM/Debit Card & Mastercard limits Christmas Club
 Certificates Payroll Deduction/Direct Deposit
Loans MasterCard Secured MasterCard
 Visa Gift Card Special Services

Member's of American Savings Credit Union are given a wide array of financial services and products to choose from. Because of an ongoing principle to a personal approach to service, we want to assist you with your day-to-day needs along with anticipating the financial goals of your future.

We offer a wide variety of services including many types of loans to fit practically any need, savings accounts, checking accounts, credit card services, a Christmas Club, certificates of deposit, add-on-share certificates, IRAs and more. American Savings Credit Union wants to be the home for all your financial needs.

American Savings will also be there for the next generation of credit union members with our Youth Programs. These programs are specifically geared toward these age groups using current technology along with language they can understand and subject matter and that is important to them.

Because we are deeply rooted in the local communities that we serve and the changing needs of the individuals and families that live there. American Savings Credit Union will be there for generations to come - helping members build a better financial future for tomorrow.

Checking Account:

Members maintain a $250 minimum balance or are in the Golden Harvest Club qualify for checking with no monthly service fee.

*Golden Harvest Club members also get free checks. Should your balance fall below $250 at anytime during the month, a $5.00 fee will be assessed. A $1.00 fee per non-ASCU ATM transaction will be charged.

	An automatic transfer from your share savings account can protect you against costly overdrafts.
	Deposits posted inside a branch are posted immediately to your account.
	No minimum balance requirement.
	No limit on the number of checks written.
	Monthly statements.
	Nationwide ATM Service.
	Debit Card available to members to qualify. A convenient alternative to writing checks or carrying cash.

Regular Share Savings

A Credit Union Savings Account offers you the convenience of payroll deduction. Interest will be paid quarterly on all accounts that maintain a minimum $100 balance. A $5.00 Share Savings balance must be maintained to be eligible to use the various accounts and services offered by the Credit Union. The $5.00 balance will not be subject to fees.

Nationwide ATM service provides immediate access to your savings account at a convenient time and location. Applications available on request.

Fees:

Monthly Fee - No monthly fees are assessed during the first 90 days. After 90 days the minimum balance must be $100.00 or more in order to avoid a $6.00 per month service fee.
Per Transaction Fee - A $6.00 fee will be assessed for each transaction on an account with a balance under $100.00, including the first 90 days.
Excessive Withdrawal Fee - Each member who maintains a $100.00 balance or more will be allowed two withdrawals per month without a fee. Each withdrawal over two per month will be subject to a $6.00 fee.
Check Cashing Fee - A minimum $3.00 Check Cashing Fee will apply if balance is below $100.00
Membership Fee - A $5.00 membership fee will be assessed at the time the account is opened The Key to no fees is to maintain a minimum balance of $100.00 and have no more than two withdrawals each month.

Super Saver Account

	A special Savings Account that earns a higher interest rate than most regular savings accounts. Earns daily interest which will be paid quarterly.
	Withdrawals are limited to one per month. Each withdrawal thereafter will be charged a $10.00 fee.
	Overdraft protection will not be allowed from this special account.
	Super Saver Account cannot be accessed with an ATM card.

ATM/ Debit Card and MasterCard Withdrawal Limits
 

On October 1, 2007 ASCU ATM, Debit Cards and Credit Cards will have the following withdrawal limits:

• Members using an ATM or debit card transactions that require a PIN will be limited to $510.00 per 24—hour period.
• Members can withdrawal up to but no more than $1,500.00 per 24-hour period when conducting a signature based transaction on a debit or credit card.
• Members can receive up to but no more than $510.00 for a cash advance on credit cards within a 24-hour period.

If you have any questions about this information, please contact Card Services at 901-358-4496 x1232.

Christmas Club

The Credit Union offers a special Christmas Savings Account with the convenience of automatic deposits through payroll deduction, transfer from your share savings account or checking account. Earns daily interest paid quarterly with a special dividend paid on October 31st. All Christmas Club funds are mailed in November. There is a $5.00 fee for emergency withdrawals. However, the account can remain open.

Certificates

Add on Term Share Certificate/Individual Retirement Account

American Savings offers a variety of high-yield certificates and IRA accounts with terms to suit your investments needs. A certificate generally earns a better rate than a regular savings account because a set amount of money is deposited for an established time period. ASCU also offers an Add on Term Share Certificate that pays certificate rates but allows deposits during the term. A $25.00 beginning deposit is required. Each of these accounts may be purchased for one month, three months, six months, one year or eighteen months. The regular Certificate and IRA accounts require a minimum balance of only $500.00.

Payroll Deduction & Direct Deposit

Two of the most popular benefits of Credit Union membership are payroll deduction and direct deposit.

With Payroll Deduction an automatic deposit can be made each payday to Savings, Super Saver, Checking, Christmas Club, or Add-on Term Share Certificate account.

Direct Deposit of your paycheck or government check is deposited to your savings or checking accounts only. Note: Direct deposit must be provided by your employer to select it as an option.

Loans

American Savings has a variety of loan programs that provide fast and convenient service along with excellent rates and terms.

Protect your Internet purchases with MasterCard SecureCode. Click on the logo below to register and protect your card from fraudulent Internet purchases.

MasterCard

American Savings offers a low interest rate MasterCard with a 25 day grace period on purchases. Our low $10.00 annual fee is waved for members who have a $2000.00 balance in share savings account or a certificate of deposit. Low monthly payments at 2.5% of balance. MasterCard cash advances are available at your credit union or from any ATM machine at the same low rates.

Secured MasterCard

Improve your credit score with this new convenience card!

American Savings Credit Union is now offering its' members a credit card that can actually improve one's credit score. It's the ASCU Secured MasterCard*.

Members specify an amount from their Savings Account that they want to be placed on an ASCU MasterCard. This card can then be used at any location that MasterCard is accepted. One of this cards best features to our members is that it comes with a 9.9% APR. Also, members can set up an automatic payment plan to insure there is NO LATE FEE.

Contact ASCU today to find out more about this program or to have an application mailed to you. Applications can also be obtained at any branch location.

*$10 application fee and credit check to apply for Secured MasterCard. Please allow 3 weeks for processing. Contact ASCU for full details and restrictions that may apply to this card program.

Visa Gift Card

No matter what the occasion, American Savings has the solution with the Visa Gift Card.

This card can be purchased at any branch location in increments of $10 to $500 and can be used where Visa is accepted**. The possibilities are endless!

	Birthday
	Wedding
	Anniversary
	Graduation
	Back to School Shopping
	Christmas
	Vacation Spending
	Out To Dinner With Friends and Family
	A Good Report Card
	Baby Shower
	Shopping Spree
	And Every Special Event for All Special People

**ASCU determines the price of this product - disclosure at time of purchase. Please allow 24 hours for card activation from time of purchase. Card cannot be used to make hotel, rental car reservations or be used at ATMs. Please contact ICUL-VISA for full details of this card including expiration date of card after card activation and all other information pertaining to this card 866-264-2094.

Special Services

	Your funds are insured to $100,000 by National Credit Union Administration, a U.S. Government Agency.
	Cash Sponsor Company Payroll Checks
	American Express Travelers Checks
	Eligible to join Sam's Wholesale Club
	Insurance (Dental, Cancer & Life)
	Kirby Kangaroo Kids Club account (Ages 5-11)
	CU Succeed Teen Club (Ages 12-18)
	Credit Union Service Centers
	Automobile Insurance
	Deposit by Mail System Auto Warranty
	Night Deposit
	Money Orders Wire Transfers
	Series EE Bonds Auto Price Information