Information for Employers
Membership is a benefit you can offer to your employees at no cost to your company.
Pacific Cascade FCU has branches in three convenient locations, 24-hour Teller Phone (audio response) service, Home Banking, and a wide range of financial services and products. We can come to your worksite and present information about the credit union to your employees. We can also enhance your staff development program with worksite seminars on financial topics such as budgeting, auto and home buying, savings, and planning for retirement. If you are a company owner, manager
or Human Resources professional and are interested in Pacific Cascade FCU services for your employees, contact us by email or call us at (541) 343-6238.
Opt Out from Credit Bureau-Based Mail Solicitation
Are you getting piles and piles of credit solicitations in the mail every day? If you like them, that's great.
But if you are sick and tired of receiving solicitations for credit from places you've never heard of, you
can stop credit bureaus from releasing your name and credit information. Here's how:
Call 1(888)567-8688 or 1(800)353-0809
You will have the option to:
- Prevent your personal credit information from being shared for two (2) years;
- Change your mind and allow your information to be released; or
- Stop information from being released permanently.
If you choose to permanently refuse permission for credit bureaus to release your credit information, they will send you a confirmation sheet to complete and return to them.
You may still receive solicitations from businesses not using the credit bureaus to predetermine their mailing list. These might include catalogs, affinity lists, the university you attended... Unfortunately, these organizations will need to be contacted separately if you want your name removed from their mailing lists.
However, making this call will take care of all businesses who base their solicitations on information from any of the following credit bureaus: Transunion, TRW (Experian), Equifax, and Novius. And that's a lot!
Pacific Cascade Federal Credit Union's Privacy Policy
Click here to open the printable .pdf of our current policy
Privacy Policy Inquiries: If you have any questions about our privacy practices, contact us by calling (541)
343-6238, sending us an email at pcfcu@pacificcascade.org, or writing to us at Pacific Cascade Federal
Credit Union, 1075 Oak Street, Eugene, Oregon 97401.
Protecting your Children's
Private Information
The online financial services offered through the credit union's website are not designed for
or directed toward children under age 13. We do not knowingly solicit or collect data from children, and we do not knowingly market to children online without express parental consent or notification. If we receive online information from any child we will only use the information to respond directly to a child's request. We recognize that protecting children's identities and online privacy is important and that responsibility rests with us and with parents. If you believe your child has provided personally identifiable information to us, please contact us so we can allow you the opportunity to review and delete such information. Please call member services at (541) 343-6238 or 1(800)477-3328 or contact us by e-mail.
Truth-in-Savings Disclosures
for PCFCU Savings Accounts
Except as specifically described, the following disclosures apply to all of the accounts:
1. Rate Information - The Dividend Rate and Annual Percentage Yield on your accounts are set forth in the rate sheet. For dividend bearing accounts, the Dividend Rate and Annual Percentage Yield may change monthly for Daily Access, Children's, Money Maker, Club, Classic Club, Member Choice and Interest Checking Accounts, as determined by the Board of Directors. The Money Maker, Member Choice and Interest Checking Accounts are tiered rate accounts. The Dividend Rates and Annual Percentage Yields applicable to each account depends on the balance ranges set forth in the rate sheet. For Money Maker, Member Choice and Interest Checking Accounts, once a balance range is met, the highest Dividend Rate and Annual Percentage Yield for that range will apply to the entire balance in your account.
2. Nature of Dividends - Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. The Dividend Rate and Annual Percentage Yield set forth above are accurate as of the Effective Date which the Credit Union anticipates paying for the applicable dividend period.
3. Compounding and Crediting - Dividends will be compounded and credited as set forth
in the rate sheet. The Dividend Period for all dividend bearing accounts begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period as set forth above.
4. Accrual of Dividends - Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account.
5. Transaction Limitations: The Member Choice Account is allowed three withdrawals per month with no fee. Additional withdrawal transactions will be charged as set forth on the reverse side. The Club Account does not allow for periodic withdrawals. The account balance plus dividends will be credited to your primary share account on November 1st of each year. Dividends will be forfeited if account is closed before October 31st of each year. A service fee will also be assessed for early account closure as stated on the Rate & Fee Schedule.
6. Balance Information - The minimum balance required to open each account is set forth in the rate sheet. For Checking Accounts, the minimum balance required to avoid a service fee is $300.00. If the minimum balance is not met, there will be a service fee of $4.00. For Daily Access, Children's, Member Choice, IRA Deposit, and Classic Club Accounts, the minimum balance required to obtain the stated Annual Percentage Yield is shown in the rate sheet. If the minimum balance is not met, you will not earn the stated Annual Percentage Yield. For all dividend bearing accounts, dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.
Truth-in-Savings Disclosures
for Certificate Accounts
Except as specifically described, the following disclosures apply to all of the accounts:
1. Rate Information - The Dividend Rates and Annual Percentage Yields on your accounts are set forth in the rate sheet. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. The Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the Account. The Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
2. Compounding and Crediting - Dividends will be compounded and credited as set forth in the rate sheet. The Dividend Period begins on the first calendar day of the quarter and ends on the last calendar day of the quarter.
3. Balance Information - The minimum balances required to open each account are set forth in the rate sheet. Dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.
4. Accrual of Dividends - Dividends begin to accrue on cash deposits on the business day
you make the deposit to your account. Dividends will begin to accrue on the business day you deposit noncash items (e.g. checks) to your account.
5. Transaction Limitations - You may withdraw accrued, uncredited dividends upon the crediting date.
- Additional deposits are not allowed on regular certificate accounts after the account
is opened.
- One additional deposit is allowed on IRA certificates each calendar year. This deposit can be a regular contribution, rollover or direct transfer transaction. The additional deposit will bear the same dividend rate, annual percentage yield and maturity date
as the original deposit.
6. Maturity - Your account will mature within the term set forth in the rate sheet or maturity date set forth on your Account Receipt or Maturity/Renewal Notice.
7. Early Withdrawal Penalty - We may impose a penalty if you withdraw any of the principal before the maturity date.
- Amount of Penalty - The amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows: 365 days or less--90 days dividends; more than 365 days--180 days dividends.
- How the Penalty Works - The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.
- Exceptions to Early Withdrawal Penalties - At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:
- When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
- Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment; or where the account is a Keogh Plan (Keogh) provided that the depositor forfeits an amount of at least equal to the simple dividends earned in the amount withdrawn; or where the account is an IRA or Keogh and the owner attains age 59-1/2 or becomes disabled.
8. Renewal Policy - Your accounts are automatically renewable accounts. Your account will automatically renew for another term upon maturity, and you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Certificate Promotions do not have an automatic renewal option. At maturity, the certificate balance plus dividends will be credited to your primary share account and earn dividends at the rate disclosed for that account.
9. Nontransferable/Nonnegotiable -Your account is nontransferable and nonnegotiable.
The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the Credit Union.
|
