 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Savings (Share) Account | |
| Cash Management Account | |
| *New - Money Market Account | |
| Share Certificate Accounts | |
| Individual Retirement Account (IRA) | |
| Club Accounts | |
| Marty Moose Youth Savings Account | |
| Student Plus Account | |
|
|
|
|
|
|
|
|
|
|
|
|
| Savings (Share) Account | |
| A no fee account. To be a member of Ocean Communities FCU you must meet the minimum balance requirement of $50 in this account. This account pays dividends from the day money is deposited to the day it is withdrawn. Savings Account Rates. Apply Now! | |
| Cash Management Account | |
| A no fee, high-yield savings account which starts paying dividends on balances over $2,000. No usage restrictions - make as many deposits or withdrawals as needed. Restrictions on transfers to third parties do apply. Cash Management Rates. Apply Now! | |
| *New - Money Market Account | |
| A high-yield, insured savings account with limited check-writing capabilities. No maturity terms, unlimited deposits, unlimited in-person withdrawals. Up to six transfer during any calendar month – (no more than three by check or draft). Minimum check amount of $500.00. A $5,000 minimum balance is required to earn dividends and avoid service charges. $25 service charge per month if account balance falls below $5,000 on any day during the statement period. Free online account access and Touch Tone Teller. Money Market Rates. Apply Now! | |
| Share Certificate Accounts | |
| A no fee investment account where a member agrees to leave a specific amount of money on deposit, for a specific time period, in order to earn a higher dividend rate. There is a $500 minimum deposit. Penalties for early withdrawal do apply. Share Certificate Rates. Apply Now! | |
| Individual Retirement Account (IRA) | |
| A no fee account which pays dividends and may be tax deductible. Members have several IRA account types to choose from: Traditional IRA, Roth IRA, Roth Conversion IRA, and Educational IRA. These can be either Certificate or Passbook IRAs. IRA Rates. Contact us to apply | |
| Club Accounts | |
| A no fee, no minimum balance account. It is an account designed to help members save money for a specific purpose. Club account types: Christmas Club, Vacation Club. Club Account Rates. Apply Now! | |
| Marty Moose Youth Savings Account | |
| A no fee, no minimum balance, dividend paying savings account for children under the age of 12. This account teaches children the importance of saving money. Children are sent a birthday card that they can redeem for gifts and they can earn Marty Moose Dollars with each deposit making them eligible for a monthly drawing. Must have an adult as a joint owner. Marty Moose Rates. Contact us to apply. | |
| Student Plus Account | |
| A no fee, $5 minimum balance, dividend paying savings account for students ages 12 to 18. This account teaches teens money management while encouraging them to save. With every deposit, teens earn coupons to be entered into a random monthly drawing. Must have an adult as a joint owner. Student Plus Rates. Contact us to apply. | |
| Share Overdraft Protection | |
| How does it work? If you write a check but don’t have the funds in your account to cover it, we will transfer the amount needed to cover the check from your savings account, provided the funds are available. There is a $3.00 per transfer fee for this service and you are limited to 6 transfers per month. This incredible check writing protection is available on every checking account we offer. | |
Ocean Communities FCU believes in no fine print. With a VISA® Check Card, all of our checking accounts are free of monthly maintenance charges. Write as many checks as you want, let your balance go down to $0, and you'll see no monthly service charges.
Also, with all of our checking accounts comes Share Overdraft Protection. If you write a check but do not have the funds to cover it, we will transfer the amount needed to cover the check from your savings account, provided that the funds are available (There is a $3.00 fee per transfer for this service). If you don't have a VISA® Check Card, we even have two no fee checking accounts that pay dividends if a member maintains a minimum balance. Apply Now!
To meet borrowers’ needs, we offer a wide range of loan products, from student loans to a pre-approved auto loan program, where members can leave the Credit Union with a blank check to purchase the automobile of their choice. Talk about bargaining power! Check out the types of loans we offer:
With all loans through Ocean Communities FCU, the borrower has the option of Credit Life and/or Credit Disability protection plans. Credit Life coverage will pay the loan in full in case of death. Credit Disability will make the borrower’s monthly payments in the event of a disability, illness or injury. Loan Rates. Apply Now!
There are many affordable financing options to select from. It is important to find the right home and the right loan to match your budget. Even if you haven’t yet found your dream house, you can get approved in advance so you know how much house you can afford. This allows you to shop and make an offer with confidence.
If you feel the need to shop around for rates, be sure to call all the lenders on the same day, because rates usually change daily. Ask the rate for the same type of loan, the same term, the same amount of points to be paid and the same lock-in period. You should also compare total finance charges that accompany the rates.
Ocean Communities FCU has something for everyone, from the first-time home buyer to the home owner who is looking to refinance. We offer a variety of loan options to choose from including conventional fixed rate mortgages, adjustable rate mortgages, and home equity lines of credit. There are also financing options for business loans; investment properties; seasonal properties; mobile homes; modular homes; condos and land. For more information on mortgage rates or to apply for a mortgage please visit http://www.cusomortgagecorp.com
Ocean Communities FCU welcomes the opportunity to speak with you! Contact us today at either 1-800-418-1486 or info@oceancommunities.com.
If you are interested in building a new home, you are one step closer when exploring your financial options with Ocean Communities FCU.
Construction finance is a specialized field. To better serve your needs, Ocean Communities FCU collaborates with an expert construction consulting firm – Juneau Associates, Inc. (JAI) who will communicate the project to the credit union progress making the process smooth and seamless.
After loan approval, JAI will be your primary contact when requesting money for your construction project. During the construction phase, JAI will conduct onsite inspections and submit reports to Ocean Communities FCU. These reports detail the progress of construction, disbursed construction loan proceeds and are compliant with all required documents.
JAI understands the importance of prompt payments to builders, subcontractors and suppliers and conducts timely inspections to your new home. Prior to commencement of construction, you will receive a construction loan packet that outlines the process and includes requisition forms.
Your construction loan converts to a residential mortgage without a second closing. During construction, interest is charged only on the money spent and you have up to six months to finish the project. All loans are locally approved, originated and serviced. We will review your plans, budget and contracts and work with you monitoring disbursements and subsequent lien waivers.
If you are interested in builder construction loans. construction to permanent loans, bridge loans, or commercial construction, please call 1-800-418-1486 or email at info@oceancommunities.com to schedule an appointment today.
If you are interested in buying a business or expanding your business, Ocean Communities FCU has business financing options available to you!
Ocean Communities is eager to discuss your business financing options! The minimum loan requirement is $50,000 and we will finance up to 80% of the value of the property. There is a 20% minimum down payment requirement on all business loans.
Please call 1-800-418-1486 or email at info@oceancommunities.com to schedule an appointment to discuss your options.
Choosing the right credit card for you is easy when you look at the choices you have at Ocean Communities. Accepted worldwide at millions of locations, these cards are designed to offer you maximum convenience and buying power and a rewards program that lets you choose the reward that's right for you.
Once you have decided which card is right for you, click on "Apply Now" to go to our secure online credit card application. You can also apply in person at any Ocean Communities’ branch office.
There's no longer any need to carry your checkbook or large sums of cash! Our no fee Visa® Check Card works with the ease of a credit card but the convenience of a check. You use your VISA® Check Card like a credit card but it works like a check. When you use your VISA® Check Card, funds will automatically be deducted from your Ocean Communities share draft account.
The VISA® check card is the fast and easy way to access your checking account to buy groceries, eat at restaurants, and so much more. It's accepted worldwide at over 15,000,000 VISA® merchant locations and 180,000 ATM's. Need cash? No ATM machine in site? You can use your VISA® check card at any VISA® member office to receive a cash advance.
Payroll deduction and electronic loan payments are a great way to save on finance charges, reduce the term of your loan, set up an automatic savings plan and much more, all without waiting in line for a teller. Contact us today to set up your own payroll deduction.
Touch Tone Teller offers you access to your accounts 24 hours a day by converting almost any touch tone phone into an automatic teller. You can conduct many of your everyday financial transactions by phone. TTT is convenient. Imagine being at work or traveling to another state and needing access to your credit union accounts. Maybe it’s late at night and you realize you need to transfer funds or verify an account balance. TTT can do all of that and much more.
Among the many things you can do using Touch Tone Teller:
TTT is as safe as conducting transactions at the credit union. All your touch tone transactions are secure and strictly confidential. Only you know your personal identification number (for your protection, do not give your personal identification number to anyone). Contact the Ocean Communities office nearest you to find out how to start this convenient service.
If you already have Touch Tone Teller, you can access it by calling (207) 282-8266 or Toll Free (800) 906-0333.
Click here for Touch Tone Teller Codes.
Check out our Online Banking Section to find out how you can do even more business from the comfort of your computer.
| Credit Disability Protection | |
| An optional insurance that makes your loan payments in the event of disability, illness or injury. The insurance premium is based on the loan balance and is added to the loan payment monthly. | |
| Credit Life Insurance | |
| An optional insurance that provides for payment of an installment loan balance in the event of an insured borrower or co-borrower’s death. The insurance premium is based on the loan balance and is added to the loan payment monthly for a 120-month maximum duration. | |
| Home Mortgage Insurance | |
| An optional insurance that makes your monthly mortgage payment in the event of death or disability. The insurance premium is based on the loan balance and is added to the loan payment monthly. | |
| Gap Protection | |
| We all know how quickly cars depreciate after they're driven off the lot. How would you like insurance protection for the period when the balance of your car loan exceeds the value of the car? Gap insurance does that! If your car is totaled and the insurance company's payment doesn't pay the loan in full, gap insurance will. It even covers your deductible and pays $1,000 toward the purchase of your next vehicle. | |
As a full-service financial institution, we offer many additional services.