About Vermont federal credit union
Vermont Federal Credit Union: A Community-Focused Financial Institution
Vermont Federal Credit Union is a financial institution that has been serving the community of Vermont since 1953. The credit union was founded with the aim of providing affordable financial services to its members, and it has remained true to this mission ever since.
As a credit union, Vermont Federal is owned by its members, who are also its customers. This means that the credit union operates solely for the benefit of its members and not for profit. Members have access to a wide range of financial products and services, including checking accounts, savings accounts, loans, mortgages, and more.
One of the things that sets Vermont Federal apart from other financial institutions is its commitment to community involvement. The credit union actively supports local organizations and events through sponsorships and donations. It also offers financial education programs to help members make informed decisions about their finances.
Membership at Vermont Federal Credit Union is open to anyone who lives or works in Addison County or Chittenden County in Vermont. Becoming a member is easy – all you need to do is open an account with as little as $5.
Checking Accounts
Vermont Federal offers several types of checking accounts designed to meet different needs. Its basic checking account comes with no monthly fees or minimum balance requirements. Members can also opt for a rewards checking account that earns interest on balances up to $15,000.
Savings Accounts
The credit union's savings accounts come with competitive interest rates and no monthly fees or minimum balance requirements. Members can choose from regular savings accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs).
Loans
Vermont Federal offers various loan options designed to help members achieve their goals while keeping costs low. Its personal loans come with fixed rates and flexible terms ranging from one year up to five years.
Members can also apply for auto loans at competitive rates starting at 2% APR*. The credit union's mortgage options include fixed-rate mortgages with terms ranging from 10 years up to 30 years.
Credit Cards
The credit union's Visa® Platinum Rewards Credit Card comes with no annual fee and rewards points on every purchase made using the card*. Points earned can be redeemed for travel rewards such as flights or hotel stays.
Online Banking
Members have access to online banking services through which they can manage their finances anytime anywhere securely using any device connected via internet connection like desktops/laptops/mobile phones/tablets etc., They can check balances; transfer funds between different accounts; pay bills online; view transaction history; set alerts & notifications etc.,
Mobile Banking App
The mobile app allows users access all features available on online banking plus additional features like mobile check deposit where users take pictures of checks they want deposited into their account without having physically visit branch locations.
In conclusion,
If you're looking for a community-focused financial institution in Vermont that provides affordable banking solutions while supporting local organizations/events then look no further than Vermont federal credit union! With competitive rates on loans/mortgages/credit cards/savings/checking-accounts plus free online/mobile-banking-services available 24/7/365 days/year there's something here everyone will love! Become part our family today by opening an account just $5!