Deposit Accounts
This transactional account allows deposits and withdrawals and can be accessed by using checks, ATMs, and electronic debits, among other methods.
What is a checking account?
This is what ACH stands for.
What is automated clearing house?
This regulation limits the number of withdrawals from non-transactional accounts such as a savings account.
What is Reg-D?
This is the "as low as" rate for new and used autos.
What is 3.24%APR?
This is who all federal credit unions are insured by
What is the National Credit Union Administration (NCUA)?
This is the dispersal date of our Christmas Club Account checks or transfers.
What is October 1st?
This agreement must be obtained from a member before performing a wire transaction.
What is a Funds Transfer Notice & Agreement?
This act prohibits debt collection companies from using abusive, unfair or deceptive practices to collect debts from you.
What is the Fair Debt Collection Practices Act (FDCP)?
This is the floor rate for new and used auto loans.
What is 2.89%APR?
Acclaim offers access to discounted insurance services for our members through this credit union based insurance provider.
What is TruStage?
This type of account allows a member to save for retirement with a tax-free growth or on a tax-deferred basis.
This is a free online personal financial management service offered through Acclaim's online banking.
What is Money Desktop?
The Expedited Funds Availability Act which standardizes hold periods on deposits is commonly referred to as this.
What is Reg-CC?
These are the two credit card rates we offer.
What is 11.40%APR and 13.4%APR?
We offer eligible Acclaim members $1,000 of this type of insurance coverage.
What is Basic Accidental Death & Dismemberment?
This is the prefix for the type of certificate of deposit account we open for a member who has a direct deposit with us.
This allows real-time control over your AFCU debit cards by turning your cards on or off, setting limits, restricting transactions by location, and more.
What is the CardNav app?
The regulation establishes the rights, liabilities, and responsibilities of participants in electronic fund transfer systems.
What is Reg-E?
These are the two loan rate discounts currently available to our members.
What is Auto Pay & Multiple Loan/Repeat Borrower?
This is an optional insurance members may add to their loan at any time in order to help pay off the remaining loan balance if your vehicle is stolen or deemed a total loss.
What is Guaranteed Auto Protection (GAP)?
This type of account is has limited check writing and debit card privileges and requires a minimum balance in order to avoid a fee.
What is a money market account?
These are the two contactless methods of payment members may set up for their Acclaim FCU debit cards.
What is Apple Pay and Google Pay?
This act helps consumers safely and knowledgably shop for credit cards and loans by regulating what information lenders must make known about their products and services.
What is the Truth in Lending Act (TILA)?
This is the name of the mortgage company we partner with.
What is MyCU Mortgage?
Acclaim deposits are additionally insured by this private insurance company.
What is Excessive Share Insurance (ESI)?