What are credit union benefits?
The credit union movement is more than just receiving competitive rates. It’s about being a part of a financial community. Armco CU puts members’ interests first with transparent and thoughtfully designed, value-added services. Unlock the full spectrum of credit union benefits that await you as a member.
Free Checking
Our interest-bearing checking accounts are transparent and hassle free. There is no minimum balance and no per-check charges. We are one of the few financial institutions still offering free monthly paper statements as well as eSTATEMENTS. Your first order of checks is free and overdraft protection is available. For details visit https://www.armcocu.com/free-checking-account/
Receive a Mastercard® debit card with easy access to surcharge-free ATMs throughout the country. The card features Tap & Pay technology. Digital Wallet available for Apple Pay®, Google Pay™ and Samsung Pay™. Download the MyCardRules app for extra security alerts. Start protecting your cards today at MyCardRules at https://cloud.paymentsemails.com/MyCardRules?MyFITool&instID=90442
Digital Services
Use Online Banking or Mobile Banking to transfer funds, pay bills, apply for loans and view monthly statements anytime, anywhere. Mobile Banking users can deposit checks simply by snapping a photo! Learn about all our digital services at https://www.armcocu.com/e-services/.
Cashback Rewards Visa® Credit Cards
Not just another rewards card! Earn 2% cash back rewards on purchases.1 Rewards are automatically deposited into your savings account every month. Choose from a regular card, business card or the secured card, which helps build credit. Apply online or learn more at https://www.armcocu.com/credit-card/.
Features include Tap & Pay technology, Digital Wallet for Apple Pay®, Google Pay™ and Samsung Pay™. Download the MyCardRules app [Android] [iOS] for extra security alerts.
Financial Planning
All members are entitled to no-cost, no-obligation financial planning provided by Members Financial Services. Call 724-284-2020, ext. 1030 for an appointment. Meet our financial planners at https://www.cbsinvestorconnection.com/Advisors?cuid=03721085
Coin Machine
Credit union benefits you might not consider; the use our FREE coin machine to count change in minutes so you can get back to the important things in life. (Butler and Mars branches only)
VISA® Gift Cards
Purchase Visa gift cards at any branch for just $2.50 per card. Load one time from $10 – $1,000.
Payment Protection Program
If your life takes an unexpected turn, your family’s finances can be strained. But with Debt Protection, your loan payments or balance may be cancelled, up to the contract maximums, in case of involuntary unemployment, disability or death. This suite of credit union benefits offers Debt Protection for consumer loans, credit card and home equity loans. Learn more at https://www.armcocu.com/debt-protection/.
Affordable Gap Insurance
If your vehicle is deemed a total loss due to an accident or theft, there can be a significant gap between what you owe on your loan and what your auto insurance will cover. Guaranteed Asset Protection may help make up the difference. Add GAP insurance to your new or existing Armco auto loan for just $265. For details, visit https://www.armcocu.com/guaranteed-asset-protection/.
Youth Enrichment Programs
One of the most important credit union benefits we offer is our youth enrichment programs. We offer a full suite of youth programs to grow with your child: Youth Savings Accounts, Teen Checking with Mastercard® debit card and Youth Certificates with a $250 minimum for a 12-months term. For an overview of our youth programs, visit https://www.armcocu.com/debt-protection/.
- Our signature program, Youth Savings Accounts, is designed to teach responsible money management. When youth ages 8-17 complete our financial education course, we’ll deposit $50 into their Youth Savings Account.2Kids under 7 can redeem their Armco piggy bank for bonus money.2 For terms & conditions for both programs, visit https://www.armcocu.com/youth-savings/.
- Our exclusive cuEARN app connects parent and youth accounts, allowing parents to transfer money, automate allowance, pay for grades and even loan kids money with terms and interest. Check out our video at https://www.armcocu.com/youth-accounts/.
- We are pleased to award twenty $1,000 scholarships in 2024. In fact, we have awarded over $100,000 in scholarships to students in the past six years. Learn more at https://www.armcocu.com/armco-credit-union-scholarships/.
Investing in Schools
We invest in our community by sponsoring a free online financial literacy program available to all teachers at all high schools in Butler County. Students complete the course on their own device at their own pace. Register at https://www.armcocu.com/school-sponsorships/.
Financial Education for All
Our goal is to help you reach your financial goals and maximize your credit union benefits! Last year we held four Retirement seminars, a Home Buyer’s workshop and College Planning workshop. Watch eNEWS and social media for upcoming events.
We invest in the Banzai financial literacy platform to provide all members with educational resources. Banzai offers a library of short articles, courses and coaches for all ages and all stages of life. Access Banzai at https://www.armcocu.com/free-financial-literacy-resources-for-members/.
Credit union benefits like these are hard to find and we are proud to offer them all!
2As of 12/1/23, the Annual Percentage Yield for a savings account is 0.60%. The Dividend Rate is 0.60%. The Dividend Rate and Annual Percentage Yield are variable and may change every month as determined by the credit union board of directors. Time frame to obtain bonus valid through 12/31/24. Minimum balance to open an account is $5.00. Allow 3-7 business days for bonus money to be applied to account.
