Our Credit Union's name has recently been utilized for fraudulent purposes. If you have received a letter recently from Infiniti Research Group or Lightspeed Research Inc. indicating that you've been selected as a Customer Service Evaluator in your area, along with an accompanying cashier's check (purportedly from Finance Center Federal Credit Union) and a request to wire money through Western Union - do not attempt to cash or deposit this check or wire any money. We are currently working with the appropriate authorities on this situation. If you have encountered this fraud, please contact our Credit Union at 317.916.7700 or 800.473.2328 or by email at fraud@fcfcu.com.
The Credit Union's upgrade process to the online banking BillPayer system is complete and is now available to use.
Recurring payments to payees will not be visible until Midnight on Tuesday. Do not add a new recurring payment to your payee if a payment was set up previously. Adding a new recurring payment may result in duplicate payments to your payee. Recurring payments will appear normally on September 1st.
Recurring payments to payees will not be visible until Midnight on Tuesday. Do not add a new recurring payment to your payee if a payment was set up previously. Adding a new recurring payment may result in duplicate payments to your payee. Recurring payments will appear normally on September 1st.
$7.5 billion in savings for credit union members.
1.2 million new credit union members.
$696 billion in business loans from credit unions.
What's keeping you from joining an Indianapolis credit union?
It's a question that comes up often when I tell people that I work at (and do my banking) at a credit union. The Huffington Post offered a great description of what credit unions are in a recent article.
"A credit union is a friendly, 'not-for-profit,' financial institution that is comprised of members only. Credit unions offer special deals to its members, unlike 'for profit,' big-name banks. Any profit made by the credit union is directed back to members via higher interest rates on savings/checking accounts and lower interest rates on credit cards and loans, unlike a commercial bank, which constantly thinks of new ways to increase its revenue for shareholders via methods such as customer fees."
I couldn't have said it better myself.
"A credit union is a friendly, 'not-for-profit,' financial institution that is comprised of members only. Credit unions offer special deals to its members, unlike 'for profit,' big-name banks. Any profit made by the credit union is directed back to members via higher interest rates on savings/checking accounts and lower interest rates on credit cards and loans, unlike a commercial bank, which constantly thinks of new ways to increase its revenue for shareholders via methods such as customer fees."
I couldn't have said it better myself.
The National Association of Federal Credit Unions (NAFCU) named Susan Ward, Senior Vice President/Chief Operating Officer of Financial Center the 2010 Professional of the Year recipient. NAFCU’s Annual Awards Competition honors and rewards the credit union community’s best performers. NAFCU selected the winner from federal credit union employees who demonstrated professionalism, commitment to the members and credit union community, staff morale, achievements and innovations, and commitment to continued education.Effective July 1, 2010, for new accounts and prior to August 15, 2010, for existing accounts, federal regulations require members who are eligible for Overdraft Services to opt-in to the program in order to be covered even if they have been covered in the past.
What does Overdraft Services cover?
Overdraft Services covers your everyday debit card transactions and ATM withdrawals even if you have insufficient funds in your account. Overdraft Services allows you to complete your transaction and purchase items that you need such as groceries or gas when you may have insufficient funds in your account. Overdraft Services is available when you need it the most when emergency situations arise and you do not have sufficient money in your account.
How much does Overdraft Services cost?
If you overdraw your account through an everyday debit card transaction or ATM withdrawal, Financial Center will charge you a $33 fee to authorize the transaction. This fee will be assessed each time you use your debit card or make a withdrawal from an ATM until you have sufficient funds in your account to cover the transaction. We only charge a fee when you utilize Overdraft Services. It is free to opt-in for this service, and the service is free even if you never use it.
Please tell us if you want to keep this convenient coverage on your account for everyday debit card transactions and ATM withdrawals. If you do not opt-in to Overdraft Services and there are insufficient funds to cover a transaction when you need it, Financial Center will not authorize the transaction after August 15, 2010.
If you choose to opt-in to Overdraft Services, these transactions will continue to be covered.
Click here to either opt-in or opt-out of Overdraft Services from Financial Center. Your response is needed by July 1, 2010.
If you have further questions, contact your Indianapolis credit union at 317.916.7700 or 800.473.2328 or visit any Center location.
What does Overdraft Services cover?
Overdraft Services covers your everyday debit card transactions and ATM withdrawals even if you have insufficient funds in your account. Overdraft Services allows you to complete your transaction and purchase items that you need such as groceries or gas when you may have insufficient funds in your account. Overdraft Services is available when you need it the most when emergency situations arise and you do not have sufficient money in your account.
How much does Overdraft Services cost?
If you overdraw your account through an everyday debit card transaction or ATM withdrawal, Financial Center will charge you a $33 fee to authorize the transaction. This fee will be assessed each time you use your debit card or make a withdrawal from an ATM until you have sufficient funds in your account to cover the transaction. We only charge a fee when you utilize Overdraft Services. It is free to opt-in for this service, and the service is free even if you never use it.
Please tell us if you want to keep this convenient coverage on your account for everyday debit card transactions and ATM withdrawals. If you do not opt-in to Overdraft Services and there are insufficient funds to cover a transaction when you need it, Financial Center will not authorize the transaction after August 15, 2010.
If you choose to opt-in to Overdraft Services, these transactions will continue to be covered.
Click here to either opt-in or opt-out of Overdraft Services from Financial Center. Your response is needed by July 1, 2010.
If you have further questions, contact your Indianapolis credit union at 317.916.7700 or 800.473.2328 or visit any Center location.
Indianapolis credit union Financial Center has partnered with Samaritan's Feet; an international humanitarian organization focused on providing new athletic shoes to children in need. All Center locations will be collecting new children's athletic shoes and donations through July 17th.Financial Center will donate a new pair of shoes for each checking account opened until July 17th. Shoes and monetary donations can be made in any Center location; in addition, monetary donations can be made through Secure Message within Financial Center Online.
To donate through Secure Message, type SHOES in the subject line of your message. In your message, indicate how much money you would like to donate and whether you would like it deducted from your savings or checking account.
You can also help by texting SHOES to 85944 to make a $5 donation to Samaritan's Feet.
All shoes and monetary donations will be used to support children in Central Indiana.
Help your local credit union help children in need. Donate today!
My son is 18 months old. One of our recent parenting challenges has been switching Landon from bottles to sippy cups. He was very attached to his bottle. We were worried that it wouldn't go well, and it was difficult to commit to making the switch.
To our surprise, Landon has done well. After explaining to him that bottles were for babies, he understood that using a cup was part of becoming a "big boy". It was hard, but it was time to make the change.
It's kind of like switching from an Indianapolis bank to an Indianapolis credit union.
Sure, there are challenges to switching financial institutions and many things that have to get done. Financial Center, our Indianapolis credit union, can help make the switch to our institution easy and pain free.
With our online switch kit, we can help you close your account with your current Indianapolis bank, change your direct deposit and any automatic withdrawals you may have set up. Our staff is also available to help you switch. Give us a call at 317.916.7700 or visit any of our Indianapolis credit union locations.
To our surprise, Landon has done well. After explaining to him that bottles were for babies, he understood that using a cup was part of becoming a "big boy". It was hard, but it was time to make the change.
It's kind of like switching from an Indianapolis bank to an Indianapolis credit union.
Sure, there are challenges to switching financial institutions and many things that have to get done. Financial Center, our Indianapolis credit union, can help make the switch to our institution easy and pain free.
With our online switch kit, we can help you close your account with your current Indianapolis bank, change your direct deposit and any automatic withdrawals you may have set up. Our staff is also available to help you switch. Give us a call at 317.916.7700 or visit any of our Indianapolis credit union locations.
Our Credit Union friends The Disclosures had a few words to say about the pending changes to interchange.
Please join your local credit union in voicing opposition to this legislation.
Please join your local credit union in voicing opposition to this legislation.
The Wall Street Journal recently touted the advantages of joining a local credit union. Favorable rates on auto loans, credit cards, and mortgages are some of the reasons why consumers are making the switch.
An Indianapolis credit union such as Financial Center also offers better rates on deposits like our Reward Checking product which pays 3.01% APY if you meet the account requirements each month.
Are Credit Unions a better bet than banks? You decide.
An Indianapolis credit union such as Financial Center also offers better rates on deposits like our Reward Checking product which pays 3.01% APY if you meet the account requirements each month.
Are Credit Unions a better bet than banks? You decide.
Each time that you use your Financial Center debit or credit card, a merchant is paid immediately and your Indianapolis credit union receives interchange. Interchange helps pay the cost of many local credit union services such as reissuing cards compromised by a merchant data breach and supplying a contact center that is available when your debit or credit card is lost or stolen.
The United States Senate passed a financial reform bill that included provisions that would make changes to this card payment and interchange system. If you have a Financial Center debit or credit card, interchange supports the program that you depend on. If interchange is reduced and changes were made that hindered the ability for Financial Center to adequately support the program, then you may end up paying more to use your debit or credit card.
Furthermore, this legislation may allow merchants and retailers to discriminate against which debit cards they accept. Merchants and retailers may reject your debit card, regardless of what financial institution you belong to.
The current system allows your Indianapolis credit union to provide competitive and member-friendly products such as our debit and credit cards. Please join your local credit union in voicing opposition to this legislation.
The United States Senate passed a financial reform bill that included provisions that would make changes to this card payment and interchange system. If you have a Financial Center debit or credit card, interchange supports the program that you depend on. If interchange is reduced and changes were made that hindered the ability for Financial Center to adequately support the program, then you may end up paying more to use your debit or credit card.
Furthermore, this legislation may allow merchants and retailers to discriminate against which debit cards they accept. Merchants and retailers may reject your debit card, regardless of what financial institution you belong to.
The current system allows your Indianapolis credit union to provide competitive and member-friendly products such as our debit and credit cards. Please join your local credit union in voicing opposition to this legislation.
Effective July 1, 2010, for new accounts and prior to August 15, 2010, for existing accounts, federal regulations require members who are eligible for Overdraft Services to opt-in to the program in order to be covered even if they have been covered in the past.
What does Overdraft Services cover?
Overdraft Services covers your everyday debit card transactions and ATM withdrawals even if you have insufficient funds in your account. Overdraft Services allows you to complete your transaction and purchase items that you need such as groceries or gas when you may have insufficient funds in your account. Overdraft Services is available when you need it the most when emergency situations arise and you do not have sufficient money in your account.
How much does Overdraft Services cost?
If you overdraw your account through an everyday debit card transaction or ATM withdrawal, Financial Center will charge you a $33 fee to authorize the transaction. This fee will be assessed each time you use your debit card or make a withdrawal from an ATM until you have sufficient funds in your account to cover the transaction. We only charge a fee when you utilize Overdraft Services. It is free to opt-in for this service, and the service is free even if you never use it.
Please tell us if you want to keep this convenient coverage on your account for everyday debit card transactions and ATM withdrawals. If you do not opt-in to Overdraft Services and there are insufficient funds to cover a transaction when you need it, Financial Center will not authorize the transaction after August 15, 2010.
If you choose to opt-in to Overdraft Services, these transactions will continue to be covered.
Click here to either opt-in or opt-out of Overdraft Services from Financial Center. Your response is needed by July 1, 2010.
If you have further questions, contact your Indianapolis credit union at 317.916.7700 or 800.473.2328 or visit any Center location.
What does Overdraft Services cover?
Overdraft Services covers your everyday debit card transactions and ATM withdrawals even if you have insufficient funds in your account. Overdraft Services allows you to complete your transaction and purchase items that you need such as groceries or gas when you may have insufficient funds in your account. Overdraft Services is available when you need it the most when emergency situations arise and you do not have sufficient money in your account.
How much does Overdraft Services cost?
If you overdraw your account through an everyday debit card transaction or ATM withdrawal, Financial Center will charge you a $33 fee to authorize the transaction. This fee will be assessed each time you use your debit card or make a withdrawal from an ATM until you have sufficient funds in your account to cover the transaction. We only charge a fee when you utilize Overdraft Services. It is free to opt-in for this service, and the service is free even if you never use it.
Please tell us if you want to keep this convenient coverage on your account for everyday debit card transactions and ATM withdrawals. If you do not opt-in to Overdraft Services and there are insufficient funds to cover a transaction when you need it, Financial Center will not authorize the transaction after August 15, 2010.
If you choose to opt-in to Overdraft Services, these transactions will continue to be covered.
Click here to either opt-in or opt-out of Overdraft Services from Financial Center. Your response is needed by July 1, 2010.
If you have further questions, contact your Indianapolis credit union at 317.916.7700 or 800.473.2328 or visit any Center location.
We were struggling with our credit cards and high interest auto loan. FCFCU was able to assist in consolidating some of our credit cards AND refinancing our auto loan. It's great to receive assistance. Not only that, I can proudly pay and know that the money that I am spending on interest is going to us and not some other person. This credit union is really member driven. Thank you again for everything.
Cara Winger
McCordsville, IN
Cara Winger
McCordsville, IN
A medical savings account Indianapolis will help you save money for medical expenses. You can open a medical savings account in the local credit union of Indianapolis.
The funds deposited in an HSA in Indianapolis are tax deductible and in certain cases the state may offer a higher tax deduction based on the tax structure prevalent in that state.
In order to qualify for a medical savings account you must have a high deductible health plan, which has nearly 20% to 50% lower premiums and this depends on the place of your residence.
All these reasons make opening a medical savings account with a local credit union a very good financial decision.
If you're interested in learning about medical savings accounts, please don't hesitate to get in touch with our Financial Center of Indianapolis. You might also be interested in our Reward Checking which earns dividends.
An Indianapolis Federal Credit Union serves its members by providing financial assistance by way of loans and credit cards at very reasonable interest rates. The financial education Indianapolis that we provide is intended to help the youth in the community.
We have a partnership with the school authorities to promote the financial decisions of its young people with a goal to improve the education process.
The students can have access to a credit union center and this helps them in planning their financial future. The credit union is established in the school for no extra cost and is maintained with the aim to provide financial education to the students.
If you want to learn more about how your students can gain by learning about money, please don't hesitate to get in touch with Financial Center of Indianapolis.
Have you fallen in love with the home of your dreams? Now, do you need a mortgage account Indianapolis? Or do you need to refinance your home?
A credit union, like ours, offers its members the facility to bring their outstanding mortgages, home equity loans, and credit cards in order to save money and enable them to increase their savings.
You can use the Internet to access information regarding the various mortgage options that are available and choose the one that best suits your requirements. If you are looking for rates to refinance your mortgage, you will need to check with us to get the best possible deal.
If you want to learn more about a mortgage, please don't hesitate to get in touch with Financial Center of Indianapolis. You might also be interested in our Reward Checking which earns dividends.
What are the advantages of credit union banking? Credit unions are nonprofit organizations and becoming a member is relatively easy if you belong to a particular labor union or residential community. The financial services that are offered by credit unions are very much similar to banks, yet credit unions are owned by their members.
Credit union banking offers plenty of financial services and the interest rates on loans of these services are favorable when compared to banks. Lower fees and lower interest rates on credit cards offered by credit unions make them extremely popular. The loans offered at credit unions also offer lower interest rates.
If you're interested in learning about putting your money into credit union banking, please don't hesitate to get in touch with Financial Center of Indianapolis.
HSA health plans offer individuals the benefits of a savings account for medical expenses either now or in the future. Most people are not aware of the HSA benefits and are unsure about the entire process of opening an HSA account and the contributions to be made.
Health savings accounts FAQ which is provided by HSA banks and credit unions like ours will offer a comprehensive guide regarding details about health savings accounts, the limit on contributions and other HSA benefits.
If you want to learn more about HSA Indianapolis, please don't hesitate to get in touch with Financial Center of Indianapolis. You might also be interested in our Reward Checking which earns dividends.
These are some of the most common Health Savings Account FAQ you'll want to know the answers to when you're considering HSA health plans.
- What is a health savings account?
- How does a health savings account work?
- How much does the HSA health insurance cost?
- How much can be contributed to an HSA in 2010?
- What are the eligibility requirements for contributing to an HSA account?
- For what purpose can HSA funds be utilized?
- Can the entire contribution to an HSA be made at the beginning of the year?
- If you have a medical history, can you qualify for an HSA health plan?
- What happens at age 65 to my HSA plan?
- Can health insurance premiums be paid from the HSA account?
- What are the investment options allowed?
- How will a spouse health plan affect your contribution limits?
The answers to these questions will help you plan accordingly.
HSA banks and credit unions like ours will usually have detailed answers to these FAQs, which will help individuals and families make the right decision about an HSA.
Contact us at Financial Center of Indianapolis for questions that you have about HSA savings. You might also be interested in our Reward Checking which earns dividends.
The high costs of medical care can be offset in a smart way, by opening health savings accounts with any bank or credit union authorized for this purpose. HSA banks that offer an IRA (individual retirement plan) usually offer health savings accounts too.
The banks that offer these health savings accounts provide the customers with a debit card or check book, so that the money can be utilized easily.
You can also use these plans to supplement your current health insurance coverage and this will enable you to save substantial amounts of money on your health care costs. You can also earn interest on the money saved. Take care of all your future health care needs by choosing a plan that is right for you.
Contact us at Financial Center of Indianapolis for questions that you have about HSA savings. You might also be interested in our Reward Checking which earns dividends.
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