Member Services

Account Information

You become a member of Central Credit Union of Florida when you purchase five shares ($5.00 par value each) in the credit union. These shares must remain on deposit in your Regular Shares (Savings) to maintain your membership. Our motto "Once a member, always a member" means you can keep your membership in the credit union regardless of where you work or live. Once your membership has been established, you become eligible to use all other services offered by Central Credit Union of Florida.

To obtain a complete copy of the Membership and Account Agreement, Funds Availability Policy, Electronic Funds Transfer Agreement and Disclosure, Privacy Policy or Rate and Fee Schedule, please contact the Member Services department. Member Services

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Deposit Insurance

Your savings in Central Credit Union are insured up to $350,000. This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) up to $100,000 and private insurance by the Excess Share Insurance (ESI) Corporation up to $250,000. In addition, effective April 1, 2006 NCUSIF increased the insurance limit $250,000.00 for retirement account coverage. Additional Information regarding your deposit insurance can be obtained by contacting Member Services.

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Savings Accounts

Regular Shares (Savings)
Christmas Club
Vacation Club
"You Name It" Savings
Certificates of Deposit
Individual Retirement Accounts
NEW Take Charge of your finances!

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**FUTURE LEADER CHECKING (Parent, Grandparent, or Guardian must be joint on Future Leader Checking Account.)

*OVERDRAFT PRIVILEGE PROGRAM

Overdraft privilege is made available in accordance with our Discretionary Overdraft Privilege Policy. This means that Central Credit Union will overdraw your account to cover your overdrafts created by checks, in-person withdrawals, or other electronic means up to $500. However, your account will be charged the standard fee of $25 for handling each item and must be brought current within a 30 day period. Central Credit Union has the discretion to pay overdrafts (including applicable fees) up to the overdraft limits. Your items might not be paid under certain conditions. 1) your Regular Checking account has not been open for ninety days, 2) your account balance has not been brought to a current balance within a 30 day period, 3) you are in default on any loan or other obligation to Central or 4) you are subject to a legal or administrative order or levy. We understand that mistakes sometimes happen and the Overdraft Privilege program can be a great resource for those unexpected events.

Pioneer Club

Earns dividends compounded daily and paid monthly
First order of checks free
Special Rate VISA Gold - will not be lower than 8% Annual Percentage Rate or exceed Fixed Rate VISA Gold (subject to credit approval)
Special Point Increase for some Certificates of Deposit
$1,000 Minimum Balance Requirement
VISA Debit Card
MTS and E-Branch Banking Access
Bill Payer Access
Reorder Checks

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Grand Central Club

The Grand Central Club is exclusively for members age 55+.
Benefits include:

1 Free Order of Checks per year
Free Money Orders and Cashier's Checks
No Monthly Service Fee
No Minimum Balance Requirement
Unlimited Check Writing
Visa Debit Card
MTS and E-Branch Banking Access
Bill Payer Access
Overdraft Protection from Shares or Flexible Loan
*Overdraft Privilege

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Future Leader Checking Account

If you are 16 or 17 years old, Central now offers a checking account just for you.

First Order of Checks free
No monthly service fee
Direct Deposit
Visa Debit Card (no fee)
Overdraft protection from your savings account
Unlimited check writing
MTS and E-Branch Banking Access
Bill Payer Access

(Parent, Grandparent, or Guardian must be joint on Future Leader Checking)

 

Business Accounts

Central is prepared to meet your small business needs. Business account members must maintain an active personal Regular Share/Savings account with Central.

Key benefits include:
Acceptance of TT&L Deposits
Overdraft Protection from Share Account
*Overdraft Privilege
VISA Debit Card
Low monthly fee of $5
TermNet (VISA/MasterCard processing)
On site credit union services for employees of the business
MTS and PC Banking Access
Bill Payer Access

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Electronic Funds Transfer

Use Direct Deposit to receive your paycheck or federal benefits electronically.
Benefits include:

Safety- eliminates the possibility of theft from your mailbox.
Convenience – eliminates the need to come in to the office and stand in line to make your deposit.
Privacy – no one else will know when you receive your deposit.
Sensible – saves you time and could mean more interest paid to your deposit when posted to an interest bearing account.

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ATM

There is no charge to receive your first ATM card from Central. Your card can be used to make withdrawals and transfers at any ATM machine that uses the following networks: Exchange No Sur., Exchange Deposit Here, Accel/Exchange, Plus, Cirrus, Visa, MasterCard.

As of December 1, 2003 Pen Air FCU has chosen to surcharge other credit union members for using their ATM machines. Central Credit Union of Florida does not have any control over this fee. We apologize for this inconvenience and recommend that our members use other credit union ATM machines to continue to avoid a surcharge.

As of August 2004, Eglin FCU charges a surcharge to use their ATM machines. Central Credit Union of Florida has no control over this fee; however, Central does not charge a fee for the use of Eglin FCU ATM machines.

Deposits can be made at most machines using the Exchange Deposit Here network.

Pensacola
All Pensacola, Milton, and Pace credit union machines owned by:

Central Credit Union of Florida
Members First CU
Gulf Winds ECU
Harvester FCU
Pensacola Government FCU
Santa Rosa County FCU
CUSAS- 600 Hwy 29 North
CUSAS- 9101 Roe Street (Ellyson Park)
CUSAS- 4934 Gulf Breeze Parkway
CUSAS- 4240 West Fairfield Drive
CUSAS - 1100 Scenic Hwy

Crestview
Eglin FCU-1498 Ferdon Blvd
Eglin FCU-789 N Ferdon Blvd

Fort Walton Beach
Eglin FCU-2 Eglin Pkwy SE
Eglin FCU-838 N Eglin Pkwy
Eglin FCU-321 Hollywood Blvd
Eglin FCU-Hurlburt AFB, Bldg 90209

Navarre
Eglin FCU-8538 E Hwy 98

Jacksonville
FL Telco CU-101 Bel-Tel Way
FL Telco CU-9700 Touchton Road
FL Telco CU-7870 Baymeadows Way
FL Telco CU-301 W. Bay Street
FL Telco CU-12740-12 Atlantic Blvd
FL Telco CU-1215-3 Dunn Ave
FL Telco CU-6000-1 Lake Gray Blvd-Orange Park
FL Telco CU-11406-2 San Jose Blvd
FL Telco CU-8180 Normandy Blvd
FL Telco CU-5000-23 US 17 South -Orange Park/Fleming Island
Community First CU-1623 Edgewood Ave
Community First CU-623 N Main Street
Community First CU-7676 Merrill Road
Community First CU-10920 Baymeadows Rd
Community First CU-1451 S. 3rd Street- Jax Beach
Community First CU-1545 CR 220- Fleming Island
Community First CU-11701-22 San Jose Blvd
Community First CU-2177 Kingsley Ave
Community First CU-1650 San Pablo Rd S
Community First CU-220 SR 312- ST Augustine
Community First CU-2777-26 University Blvd W.
Community First CU-4567 St. Johns Bluff Rd.S.-University of North Florida
Community First CU-7640 103rd Street

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VISA Debit Card

Avoid check-writing hassles with a Central Debit Card. Using your Debit Card is faster than writing checks and more secure than carrying a lot of cash. Every card purchase is deducted from your checking account and detailed on your monthly statement. Use your Debit Card to access cash in ATM machines that use these networks:Exchange No Sur., Exchange Deposit Here, Accel/Exchange, Plus, Cirrus, Visa, MasterCard. Use your card everywhere that Visa Debit Cards are accepted.

For security when making purchases online, sign up for Verified by Visa today!
See above ATM section for locations where your VISA Debit Card can be used free of charge.

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Visa Gift Card

When It Comes To Figuring Out The Perfect Gift, Gift Cards Are Magical! Visa Gift Cards are incredible time savers, no shopping, packaging or mailing. Eliminate the hassles of wondering what to buy or returning unwanted gifts. Visa Gift Cards can be used anywhere Visa Debit Cards are accepted. Stop by any branch today and purchase your Visa Gift Card.

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E-Branch Banking

Enjoy banking from the convenience of your own home with Central's E-Branch Banking program. With no monthly fee, this service will allow you to check your account balances and account history as well as transfer funds and make loan payments.

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Bill Payer

Make bill paying easier by eliminating stamps and envelopes with our FREE Bill Payer Service. You may pay an unlimited number of bills from your PC 24/7 with no fees or service charges. This service is free to members that have a Central Checking Account. Contact member services today to sign up for Bill Payer.

As an added security feature you will be asked to establish a new Security Key (letters, numbers, words, etc.). Security Keys are completely confidential. Upon logging on, a transparent box that fades quickly in and out acknowledges your identity and provides the time and date of your last session. If you are not presented with a security key upon login, then you have been phished to a bogus site. Should this happen, exit immediately and contact the credit union’s Bill Payer department or the proper authorities.

GiftPay-e Checks

“One Stop Shopping” for the person who has everything. Send a gift check by the click of your mouse. To sign up go to Bill Payer or contact member services for details.

 

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Magical Telephone System (MTS)

When you can't get to a computer to use E-Branch Banking, use MTS to check your balance, reconcile your checkbook, transfer funds, request check withdrawals, access your flexible loan and make payments on your Central loans 24 hours a day, seven days a week, free of charge.

MTS (Magical Telephone System) not as user friendly as you expected? You may find the Expert Mode is easier to access your account. Call us today if you need help in setting up your MTS to the Expert Mode option.

Pensacola (850) 479-4295
Toll Free (800) 375-2235

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IRAs

Changes to IRAs give you great savings opportunities!

Traditional IRA - The Traditional IRA allows you to accumulate earnings, tax deferred, until you withdraw from the account. And, your contributions could be tax deductible if you meet certain eligibility requirements. You must begin withdrawing from your Traditional IRA when you reach age 70 ½.

For tax year 2007, you can contribute up to $4,000 ($5,000 if age 50 or older) subject to certain income limitations. For tax year 2008, the contribution limits have increased to $5,000 ($6,000 if age 50 or older) subject to certain income limitations.

Roth IRA - The Roth IRA features tax-free withdrawals if certain requirements are met. Roth contributions are not tax deductible. The Roth IRA offers more flexible withdrawal requirements and you aren't required to begin withdrawing from the Roth at any certain age.

The Coverdell Savings Account - The Coverdell Savings Account allows contributions of up to $2000 for each child under the age of 18. The contributions aren't tax deductible; however, the earnings accumulate tax deferred until withdrawn for the payment of the child's elementary, secondary or higher education expenses.

Consult your tax advisor to determine which IRA is right for you, then contact Member Services for help in establishing your IRA with Central Credit Union.

See what you can do with your Investments

Members Financial Network brings you CUNA Brokerage Services. CUNA Brokerage Service is a securities broker/dealer which offers a full range of investment products and professional services related to securities transactions. The following list of online features represents what CUNA Brokerage Services can do for you.

• 24/7 online account access and trading.
• Member-created stock-watch list.
• Personalized market and economic news through MarketWatch, one of the most respected financial news providers on the Web.
• Multiple real-time quotes.
• A variety of trading options - stocks, bonds, mutual funds and more.
• An easy-to-use mutual fund selection tool.
• Various research tools, including interactive charts, daily news, company profiles and market snap-shots/summaries.
• Take a closer look at Members Financial Services website to see what they can do for you.

FINANCIAL NETWORK INVESTMENT CORPORATION OR ITS AFFILIATES OR DIVISIONS ARE NOT CREDIT UNIONS AND THE PRODUCTS WE OFFER ARE NOT INSURED BY NCUSIF, OR ANY OTHER FEDERAL GOVERNMENT AGENCY, ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED BY A FINANCIAL INSTITUTION, AND INVOLVE RISKS INCLUDING POSSIBLE LOSS OF VALUE

NEW Insurance & Investment

HELPFUL Check Reconciliation

Click here for the Check reconciliation form. To view this form you will need Adobe Acrobat Reader, if you do not already have this you can download it free from here.

Other Services

In addition to the many accounts and loans available at Central, we offer the following additional services:

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