Products & Services
As a cooperative financial institution, Credit Union of Vermont exists to Serve Our Members! We offer a wide range of financial products and services that cost you less and pay you more.
Do you have a question regarding our products and services? Please contact us!
Savings & Deposits
Sound financial planning begins with saving and investing on a regular basis. Your savings are federally insured to $250,000 by the National Credit Union Administration, NCUA, a U.S. Government Agency. For more information, see Share Insurance, published by the NCUA.
- “FREE” Checking
Unlimited check writing privileges with NO monthly service charges, NO minimum balance requirements, NO Per-Check Fees. Overdraft protection and ATM/Debit Card access is available to qualified applicants. (Card security features.) Pay your bills online with FREE “EZ Bill Pay”. Stay in touch with FREE “Private Branch-24” Internet Home Banking and Free “Call-24” Bank by Phone!
- Express Payday Checking
In addition to all our FREE Checking features, we’ll credit your account for your government direct deposit payroll up to 2 days before payday. Members can sign up now.
Limited to Members of the Credit Union of Vermont having direct deposit of their government employer payroll (Federal, State, County, Municipal & School). The Credit Union of Vermont cannot assume any liability for not depositing funds to an account early. Program is subject to change without notice. Express Payday Checking enrollment is required.
- Mobile Check Deposit
Deposit checks to your CUVermont checking, savings, or money market account from anywhere, any time, any day of the week using your smart phone. Learn more and request mobile check deposit
- “Clearly Superior” Money Market Accounts
Pay superior yields, without tying up your funds!
- Share Savings
$25.00 in a regular share savings account establishes your membership in the credit union. We pay one of the highest monthly dividend rates available. Saving regularly for your future is an important financial practice - Start saving today!
- Club Savings
No minimum balance or minimum contribution requirement. These funds are disbursed for your use on October 1st.
- Share Term Certificates
Several terms are available with consistently high yields! Only $1,000 is needed to open these accounts.
- Individual Retirement Accounts
Contributing to your IRA is one of the most important parts of financial planning. We’ll be glad to discuss the advantages of opening a Roth, Education, or Traditional IRA with you. Remember that direct deposit can help you to save and invest regularly!
Loans, Loans, Loans!
- New or Used Vehicles
Whether you are buying a new or used vehicle, CUVT offers a low rate! Did you obtain a loan from a dealer or other financial institution? No problem! We can help you to transfer the balance to the credit union. We are experts at vehicle loan balance transfers and make it easy to have your loan where you want it—at your credit union!
New or used programs are available for cars, trucks, boats, motorcycles, campers, aircraft, RVs, ATVs, personal watercraft, snowmobiles, tractors and more.
We now offer GAP Protection—only $299 for most vehicles and better than the dealer. If your vehicle is totaled, your auto insurance will only pay the vehicle’s current value, and since vehicles can depreciate rapidly, you may still owe more on your vehicle loan than you receive. That’s your “gap”, and our Guaranteed Asset Protection insurance covers the gap, covers up to $1,000 of your insurance deductible, and even gives you a further $1,000 toward your replacement vehicle financed through the credit union. Click here for details.
- Refinance with a Fixed Rate Home Equity Mortgage
We are pleased to offer Home Equity Mortgages with a low fixed rate, terms up to twenty years, no closing costs, and automatic repayment options that can save you money. Generally completed within two weeks! Also consider a flexible Home Equity Line of Credit.
- Renewable Energy Financing
Finance your renewable energy or energy efficiency project with our home equity loans, then use your renewable energy tax credit to lower your monthly payment.
- VISA Classic
A true value featuring a generous line of credit, and a low FIXED RATE of 10.90% for both purchases and cash advances. No Annual Fee! No Cash Advance Fees! (Card security features.)
Bonus: Balance transfers have a rate of only 6.99% for the life of the balance transferred!
Please Note: Lines of credit of up to $5,000 are available with VISA classic. It is our belief that this is a sufficient level of credit for most persons. In our experience, the most common cause of financial difficulty is excessive credit card debt. At CUVT we don’t want to be part of your problems, we want to be part of your solution!
Many other types of loans are available. We want your business!
- Private Branch-24 Home Banking
Secure Internet banking 24 hours a day! Allows you to easily review your balances and account histories, transfer funds, and more.
- “EZ” BIll Pay
Pay your bills online without needing a check, an envelope, or a stamp! Free “EZ” Bill Pay for up to ten payments per month.
- Online Cleared Check Images
Our members can now view copies of the front and back sides of their cleared checks/drafts online. Simply log on to Private Branch-24, and select “History” for your share draft checking account. In the “DESCRIPTION” column your cleared check number will be listed. The far right column is titled “Image View” and includes a “View Image” button for each item. Click this button, and your check image will be displayed on a new screen. Please note that we are currently including check images back to January 2005 with this system enhancement. Earlier images are available by contacting your favorite Credit Union Of Vermont representative.
- Easy Access to Your Credit Union Staff
Don’t be shocked when a knowledgeable representative actually answers the phone every time!
- Overdraft Protection
A line of credit to protect you against overdrawing your share draft/checking account.
- Bi-weekly Payments
Available on all loan products (except VISA), bi-weekly payments will reduce your loan’s “effective rate of interest”. Translation: you reduce your finance charges significantly!
- Credit Insurance
Credit Life and Credit Disability Insurance is available with most loans. This optional coverage is underwritten by CMFG Life Insurance Company. Please ask your credit union loan officer for details.
- Vehicle Buying Resources
The credit union subscribes to a variety of publications designed to help consumers get the best value for their money. All publications are available to members at no cost and include NADA new and used vehicle guides (cars, trucks, watercraft, campers, RVs, and motorcycles), New Car Cost Guide to dealer invoice and MSRP, Intellichoice Car Cost Guide, and Consumer Reports.
- Automatic Loan Payments
“There on time, every time”. It’s convenient and protects your credit rating too!
- Debit & ATM Access
Use your Credit Union of Vermont Visa Debit card anywhere Visa is accepted and earn Rewards Points with every purchase! Surcharge free ATMs are available at all CO-OP ATMs, over 30,000 locations nationwide.
- SecurLOCK Equip
Giving you complete control of your CUVermont Debit & Credit Cards
We strongly recommend that you download the SecurLOCK Equip app on your mobile phone or device. This powerful app lets you control and monitor your Credit Union of Vermont debit and/or credit card usage anywhere, anytime using your mobile device. Using SecurLOCK™ Equip you can protect your debit and/or credit card from fraud by setting alerts and controls to determine how your card can be used. Also, if you misplace your card, you can use the app to turn it off … and then turn it back on if & when you find it!
Monitor Your Debit and/or Credit Card with Transaction Alerts
Controls are highly customizable. You can set alerts for:
- All card activity
- Spending limits
- “Card-Not-Present” transactions
- Transaction location alerts
- International transactions
- Card status changes
- Specific merchant and transaction types
- Dependent card activity
Card Controls Help Protect Your Account from Fraud
You can even set the app to deny a transaction before it takes place based on the criteria you set. As with turning your card on and off, card controls will not interrupt your recurring bill payments such as utility payments or subscriptions.
The app is free and there is no charge for you to use it. Download the SecurLOCK Equip app today!
View the SecurLOCK Equip demo video on YouTube.
- U.S. Savings Bonds
Redeem series EE bonds or the new I series bonds.
Our FREE bank by phone system is available 24 hours a day at 1-877-5YOUR-CU (1-877-596-8728). Check your balances, transfer funds, and more! Please contact us to enroll.
Reduce unnecessary costs. Provide us with your email address, and you can start receiving your monthly statement online. Each month we will email you a notice that your statement is ready, and you can retrieve it by simply logging on to Private Branch-24 internet banking whenever you choose. You will get a perfect copy of your statement that can easily be saved to your computer, and the credit union can save some of the thousands of dollars that are spent each year on paper statements. Let’s all do our part as members of our financial cooperative, so that we can all benefit!