ANNUAL SAVINGS REPORT

$30,415,685 million reasons why FCCU membership is the smart choice.

  • FCCU helps you make the most of your money!
  • Could you save even MORE?
  • More Products = More Savings!

We have over

66 years
of experience

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 +
Million Saved
Happy Members
 +
Happy Members
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 +
Free Allpoint ATMs



Average Savings by Account Type

On average, FCCU members saved $253 last year just by having their accounts with FCCU versus a leading bank. If your membership savings amount was more than that, congratulations! You’re likely making good use of your FCCU benefits. But would you like to be saving more? If you saved less than $253 you may not be taking full advantage of all that your membership can offer.

The more you have with us, the more you save.
Our market research demonstrates that the easiest way to save more is to do more with us. We know that the deeper our financial relationship is with you, the more you save. Members with one FCCU account saved an average of $33 annually, whereas members with seven accounts saved an average of $1,919.

The Membership advantage.
Thank you for being a member! Unlike a bank, we're a not-for-profit, member-owned cooperative dedicated to the financial well-being of our members. Whether your financial goals include a new home, a car, a dream vacation or a secure retirement, FCCU is here to help. Plus, you receive the exceptional service and genuine care you deserve.

Visit FCCU.org or call us at 281.856.5300 or 800.456.3228 to learn more.

Credit Cards icon
Credit Cards

Estimated savings over the past year:

$68

Home Loans
Home Loans

Estimated savings over the past year:

$1,891

Vehicle Loans
Vehicle Loans

Estimated savings over the past year:

$99

Other Loans
Personal Loan

Estimated savings over the past year:

$72

Checking Accounts
Checking Accounts

Estimated earnings over the past year:

$113

IRA Accounts
IRA Accounts

Estimated earnings over the past year:

$55






FAQs

Savings

What does my estimated, annualized savings amount reflect?
The amount listed on your personalized savings report represents the sum of all of your individual account savings amounts. It reflects the difference between what you paid or earned in interest, fees, or rebates at FCCU and what you may have paid or earned on average for comparable accounts at leading banks in your assigned market area. The amounts listed are for illustrative purposes only and do NOT constitute a cash payout, dividend, or bonus.

Calculation

What fees are included in the Fee Benefit calculation?
The only fees included in the calculation are recurring account maintenance fees. We did not include penalty or “occasional” fees such as overdraft fees, stop payment fees, foreign item fees, etc. FCCU has very few account maintenance fees so your membership really helps you save big in the fee area.

Data

Where did you get the data?
We partnered with Informa Research Services, Inc., Calabasas, CA, www.informars.com, to conduct this research. We compared market rates using financial data from 4/24/2020. Although the information Informa provided us has been obtained from banks themselves, neither FCCU nor Informa can guarantee absolute accuracy as rates can change without notice.

Individual Account Savings Graphic

Rate Benefit
The rate benefit is the difference between your personal account rate and the average bank account rate for your assigned market area.

Account Balance
The definition varies by loan type as follows:

  • For open loans, we used your current loan balance
    (Rate Benefit × Loan Balance) + Fees
  • For term loans, we used your original balance (12-month cumulative interest savings based on rate benefit, original balance and term of loan)
  • For Deposits, we used your current balance
    (Rate Benefit × Account Balance) + Fees

Fee Benefit
The fee benefit represents the difference between the average bank account maintenance fee for your assigned market area and FCCU account maintenance fee for a comparable account.

MORE PRODUCTS = MORE SAVINGS

More Products equals More Savings

THERE IS VALUE IN MEMBERSHIP

Start saving more today! Follow the steps below to maximize your membership benefits.



Steps to Saving