Regular Shares:
Full shares can be purchased at par value of $25.00. All shares are insured up to the maximum of $100,000.00 by the Administrator, National Credit Union Administration. All shares in excess of $250,000.00 up to $350,000.00 are insured by American Share Insurance Co.
 
Share Draft Accounts:
Members opening a share draft account (bank type checking) receive an all-inclusive monthly statement showing balances of all accounts. There is no minimum balance required or service charge. The only fees you will be charged are for the cost of checks and any overdrafts. The account comes with overdraft protection to qualified applicants in the form of a pre-approved open-end loan to provide protection against overdrawing the account.
 
Christmas Club Accounts:
Christmas Club accounts can be setup with as little as $3.00 per week to a maximum of $20.00. Christmas Club payouts are mailed to each holder immediately after the interest payment (annually on October 31st) has been posted. All new clubs begin on November 1st.
 
Individual Retirement Accounts (IRA):
Many members can still claim a deduction for contributions to their Individual Retirement Account. A.B.C.U. offers three types of IRA's (Roth, Traditional and Coverdell Education Savings Account - formerly Education IRA). Competitive rates of interest are paid to holders of these accounts on a quarterly basis.
 
Roth:

Individual single filers may contribute the full amount provided their modified adjusted gross income is less than $95,000. Joint filers with modified adjusted gross income of less than $160,000 are eligible for a full Roth IRA contribution.

For 2002 - 2004, the maximum contribution increases to $3,000.
For 2005 - 2007, the maximum contribution increases to $4,000.
For 2008 and after, the maximum contribution increases to $5,000.

The amount of the Roth IRA contribution may be reduced by the amount contributed to a traditional IRA.

Funds can be withdrawn penalty free for qualified education expenses and are both penalty free and tax free for first-time home purchases up to $10,000.

Earnings are free from federal income tax if the money saved is on deposit for five years or more.
 
 
Payroll Deductions:
Many concerns offer employees systematic savings through payroll deduction. Deductions taken from employees payroll checks are remitted to A.B.C.U. Credits are immediately posted to respective share (savings) accounts.
 
Visa Cards:
A one time fee of $10.00 is required to obtain the card. There is no annual fee. Maximum unsecured credit limit $20,000.00. The current rate on purchases and cash advances is 5.9%, 10.9%, 14.9% APR (Annual Percentage Rate) based on credit history.
 
C.U. cash Card/Cash Station ATM
C.U. Check Card (debit card)
 
Auto - Truck Loans
Boat Loans
Motorcycle Loans
Signature Loans
Real Estate Loans
Student Loans
 
Credit Life and Disability:
A.B.C.U. offers Credit Life and Disability insurance through Pekin on our loan products. The insurance premium is included in your loan payment and can be purchased for the borrower and the co-borrower as well at a reduced rate.
 
Western Union Money Transfers
Wire Transfers
Direct Deposit of R.R. Benefits - Social Security
Other ACH debits and credits (Pre-authorized)
Payroll Deduction - BN Safeway & Regular Payroll Deduction
 
American Express Travelers Checks
Travelers Express Money Orders
Free Notary Public
New/Used Car Cost Guide
Drive-up Banking
Illinois License Tags
 
Aurora Burlington Credit Union strives to provide our members with a wide
variety of products and services to help achieve their financial success.

Service fees are subject to change and reflect
the cost of providing these services to our members.