About Family security credit union
Family Security Credit Union: Providing Financial Stability and Security to Alabama Residents
Family Security Credit Union is a non-profit financial institution that has been serving the residents of Alabama since 1952. The credit union offers a wide range of financial products and services, including checking and savings accounts, home and car loans, investment options, retirement accounts, and more. With over 20 branches across the state of Alabama, Family Security Credit Union is committed to providing its members with personalized service and financial stability.
Checking Accounts
At Family Security Credit Union, members can choose from several checking account options that suit their individual needs. The Basic Checking account has no monthly fees or minimum balance requirements. Members can also opt for the Interest Checking account that earns interest on balances over $1,000. For those who want to earn higher interest rates on their checking balances while still having access to their funds at any time, the High Yield Checking account is an excellent option.
Savings Accounts
Family Security Credit Union offers several savings accounts designed to help members save money for different purposes. The Regular Savings account requires only a $5 minimum deposit to open an account and start earning dividends on balances over $100. Members can also open a Money Market Savings account that pays higher dividends than regular savings accounts while still allowing easy access to funds.
Home Loans
Buying a home is one of the most significant investments most people make in their lifetime. At Family Security Credit Union, members have access to various home loan options designed to help them achieve their dream of homeownership. Whether it's purchasing a new home or refinancing an existing mortgage loan at lower rates or better terms – they have got you covered.
Car Loans
For many people in Alabama owning a car is essential for daily life activities such as commuting or running errands; however buying one outright may not be feasible due high costs involved in purchasing vehicles these days . That's where Family security credit union comes into play by offering competitive auto loans with flexible repayment terms so you can get behind the wheel without breaking your budget.
Investment Options
Investing your money wisely can help you achieve long-term financial goals such as saving for retirement or building wealth over time through compound interest growth opportunities offered by various investment vehicles like mutual funds , stocks etc.. At Family security credit union they offer investment services through CUSO Financial Services L.P., which provides professional guidance on how best invest your hard-earned money based upon your risk tolerance level .
Retirement Accounts
Planning for retirement should be part of everyone's long-term financial strategy; however it’s never too early (or late) start planning! At family security credit union they offer IRA (Individual Retirement Account) options including Traditional IRAs , Roth IRAs , SEP IRAs etc.. These types of accounts allow individuals save tax-free dollars towards retirement while enjoying potential tax benefits along way .
Business Banking
In addition serving individual customers family security credit union also provides business banking solutions tailored specifically small businesses across Alabama . They offer business checking & savings accounts , merchant services , commercial lending solutions etc.. All these products are designed keep businesses financially stable secure so owners focus growing their operations rather than worrying about finances all time!
Conclusion
In conclusion family security credit union has been providing quality banking services since 1952; helping individuals families alike achieve long-term financial stability through variety products & services offered . With multiple locations throughout state there’s always branch nearby ready assist with any banking needs may arise!