Mid-Michigan's Most Trusted Credit Union:
Isabella Community Credit Union
Isabella Community Credit Union
2400 South Isabella Road and 2100 East Remus Road (West M-20)
Mt. Pleasant, MI 48858
Why they are an Expert...
As the first financial cooperative in Isabella County, Isabella Community Credit Union (ICCU) has been member-owned since 1958. Like all credit unions, ICCU is owned by the people who save and borrow at the cooperative, who are not customers, they are member-owners.
Members save money with free and low-cost services, competitive rates on loans and savings, free checking, a national network of 28,000 free ATMs, free bill pay, free budget counseling, free online and mobile account access, free notary public services and free youth savings programs.
Financial education is a priority for ICCU, and educating consumers to be smart money managers is part of ICCU's strategic vision. From helping members obtain low-cost auto loans they can afford, to hiring and training high school students who support a Student-Run Credit Union at the Mt. Pleasant Technical Center at MPHS -- ICCU is focused on service and this community. To learn more, call, click or visit.
ICCU is federally insured by the NCUA and is an equal housing lender.
Questions and answers
Q: How much do I need to open a savings (share) account at ICCU?
A: It takes just $5.00 to open an account at ICCU and become a member-owner. That's it!
Q: Why does ICCU offer discounts on groceries, travel and savings at Fazoli's?
A: Saving money is important -- that's why ICCU offers Benefits Plus® Checking. The exclusive program offers local merchant discounts plus savings on hotel rooms, amusement park tickets, pre-paid phone cards and movie tickets. Local discounts at DJ's Automotive, Fazoli's, Herbs Etc., Main Street Audio Video, Mt. Pleasant Tire Service and more!
Q: How does the free 'auto review paperwork service' work at the credit union?
A: Often, people pay too much for vehicles, which is why ICCU provides a free service to review auto purchase paperwork. A quick 15-minute conversation with a loan officer can often save buyers money on a vehicle purchase. With money to lend, low auto loan rates, and comfortable payments members who finance vehicles with ICCU often pay less for loans.
Q: Is there a fee to apply for or have a loan processed at ICCU?
A: No! Although many financial institutions charge a $50 to $250 processing or application fee (that is rolled into the loan), ICCU does not. ICCU offers low auto rates, quick turn-around times and "amazing service." ICCU does not charge its members to fill out paperwork or talk about a loan. As ICCU says, "no financial question is too silly -- ask, we are here to help."
Q: Why does ICCU give dog biscuits in the drive-thru?
A: ICCU is a family-focused financial cooperative that knows how important a dog can be to a family. ICCU also offers discounts on pet insurance and a pet-savings club account with no fees or minimum balances. Members often tell us that "their dog made them come to the credit union!" (Yes, we like cats, birds and horses too!)
Q: What's a Student-Run Credit Union?
A: It is just as it sounds, a credit union operated by students for students where they can learn about money in a safe environment. ICCU has supported a Student-Run Credit Union at the Mt. Pleasant Area Technical Center for six years. Accounting students are hired and trained to educate their peers about smart saving and spending, and (under direct supervision) operate a school branch. Since 1978, ICCU has invested in the community by hiring and training high-school students. In fact, ICCU's current Executive Vice President, VP Marketing and Accounting Supervisor are all former co-op student employees. To learn more, visit ICCU's "Youth and Student" webpage at www.ICCUonline.com.
Q: Is my money safe at ICCU?
A: Yes. ICCU is insured by the National Credit Union Administration (NCUA). Accounts are insured up to $250,000 and backed by the full faith and credit of the U.S. Government. To learn more, visit www.NCUA.gov.
1. "Pay yourself first" with payroll deduction. Talk to your employer about having money deducted automatically from your paycheck to be put into a holiday savings, or property tax account, your child's savings account, or to pay extra on a loan payment to pay it off quicker. Chances are you won't notice a few extra bucks and paying yourself first (with a payroll deduction) is an easy way to save.
2. When creating a budget for holiday spending, don't forget to include the costs of travel, extra food, drinks and goodies, as well as wrapping paper, tape, and the tree!
3. Millions of people around the world celebrate "International Credit Union Day" on the third Thursday in October. Visit a credit union during this holiday to find out why millions are savings money by joining and using a member-owned financial cooperative as an alternative to a for-profit bank.
4. Protect your identity! Get and review your credit report (for free) from www.annualcreditreport.com -- and look for possible identity theft issues. Consumers are able to get one free credit report from each of the three major credit bureaus yearly, and should use the opportunity to look for anything out of the ordinary or requests for credit they did not initiate.
5. August is the perfect month to teach the children in your life about smart money management and saving money. It takes just "15 educational minutes" to open an account, and the investment will pay huge dividends in the future.