If you're looking for ways to improve your finances in 2022 here's a list of finance-based resolutions.
We are excited about our new Video Tellers.
We are excited about our new Video Tellers. Simply touch the screen to activate the Video Teller and one of our friendly EFCU tellers will greet you to assist you with your transactions. Video Tellers are available during normal drive up hours, please have your photo ID ready. Video Tellers also operate as ATMs 24/7 using your EFCU ATM or Debit card.
Know the telltale signs of common tax scams.
Every year scammers add new twists to well-known tax-related scams and 2020 is no exception.
Taxpayers should remember that the IRS generally first mails a bill to a taxpayer who owes taxes. There are special circumstances when the IRS will call or come to a home or business.
Click the links below to visit IRS.gov for more tips to help you spot email phishing scams and phone scams and avoid becoming a victim.
IRS.gov | Tips to spot scams & avoid being a victim IRS Flyer | Security Awareness for Taxpayers
Gain control of your credit health with your free comprehensive credit report, including your credit score.
Now available when logged into your account online via a browser or the EFCU Mobile App. Click the banner in Online Banking or the Mobile App and agree to the terms to access this new and exciting feature.
It is important to understand the value of monitoring your credit information regularly as your credit score has a major impact on the Annual Percentage Rate you qualify for on auto loans, credit cards, mortgages and more. We've made this easier than ever by providing 24/7 access to your free, comprehensive credit report when logged into your account online via a browser or the app. Your free credit report makes checking and monitoring your credit both easy and efficient without affecting your score.
If you have ever received your credit score from the three major credit bureaus, you may have noticed that these scores are not the same. Why do credit scores vary? Here is why.
Scoring Models
Differences in credit scores derive from the numerous credit scoring models that are used in the financial industry. Credit scoring models are used by credit bureaus to collect and analyze your statistical data to determine your credit eligibility. There are a range of credit scoring models that weigh in on varying factors which change the way scores are computed, however, EFCU uses the FICO 9 scoring model and the VantageScore model.
FICO Scoring Model
The FICO Scoring model has been around since 1989 and is the most widely used measure of creditworthiness primarily due to its longevity. FICO scores take payment history, credit utilization, credit history, types of credit, and new credit into account when determining its credit score, with much emphasis or "weight" placed on payment history and credit utilization. EFCU has upgraded to FICO 9 which is the score used for all EFCU loan decisions.
VantageScore Model
The VantageScore model was created by the three major credit bureaus (Experian, Equifax, and Transunion) in 2006. The VantageScore model takes payment history, age and type of credit, credit utilization, total balances, recent behavior, and available credit into account when determining its credit score, with much emphasis or "weight" placed on payment history, age and type of credit, and credit utilization. Your free credit score uses the VantageScore model.
If you have any further questions regarding your comprehensive credit report, contact us at 850.862.0111 x.1421.
To provide added security for accessing your account online we require a unique username & a password that meets our complexity requirements.
Unauthorized access is a major problem in the high-tech world we operate in today. If you are a victim of these hacks, the consequences can include loss of money, bank account information and identity theft. It is more important than ever to take necessary actions ensuring your username and password are secure. We have made the decision to require usernames rather than account numbers to enhance the safety of your account. We also require that you evaluate your password for complexity as an extra security measure.
You are the first line of defense in protecting your account access. Password complexity goes a long way to keep your financial information safe, but a unique username can provide additional security to protect your account just as much as a strong password. So what makes a strong username and password? Below are some guidelines you may consider when creating a secure username and password combination.
Shopping for a new or used vehicle can be a hefty process but doesn't have to be stressful.
Shopping for a new or used vehicle is an important task but it doesn't have to be stressful. Preparation is key to getting a good deal on your big investment. Whether it's your first time looking for a vehicle or you want to trade up to a new or used vehicle, this simple guide is full of helpful information for every stage of the auto buying process.
With any large investment, it is important to establish your budget first. If you're looking to finance, our auto loan payment calculator is available to help you get a sense of various monthly loan payment amounts and the amount you could be paying over the term of your loan. With your budget and personal preferences in mind, you can then decide how much you want to spend on a new or used vehicle. If you receive an EFCU pre-approved auto loan (PAL) by mail or through our online banking platforms, be sure to have it readily available as you shop for your next vehicle. PALs outline how much you can spend when auto shopping and can essentially place bargaining power right in the palm of your hands.
If you do not have a PAL, you can apply for an auto loan directly from our website. It may also help if you review your credit history before you begin shopping, you can get a free credit report at annualcreditreport.com.
It is important to take your time and look to multiple sources to find the vehicle you want at the right price. When you're ready to begin your search, take advantage of the hassle-free AutoSMART online purchasing program. Here you can search streamlined inventories of participating dealers in our network right from your home. You can also visit any of our participating 5 Star Dealers. Regardless of your preference, your EFCU auto loan can be financed on the spot through any of these participating dealerships - even after-hours and on weekends!
When you find a vehicle you like, do some investigation. Research new and used auto values through the J. D. Power Values Pricing Guide. This pricing guide will help determine what a vehicle is worth and can also serve as a powerful negotiation tool. The annual percentage rate (APR), term and maximum loan amount on your EFCU auto loan is based on the vehicle's model year, MSRP Value (new vehicles), J. D. Power Values Retail Value (Used vehicles up to 1 year old) and J. D. Power Values Clean Trade Value (Used vehicles 2 to 15 years old). We also offer EFCU members a discounted CARFAX to assist with determining a used vehicle's history.
You may also find the information available through the Consumer Reports website helpful. Reading what vehicle experts and owners have to say about safety features and performance regarding your potential purchase can provide excellent insight before you buy. If you plan to trade in a vehicle, you should also research its value before you begin negotiations.
When you find the vehicle you want, it is important to use all the information you've researched in order to obtain the best deal. If you've done your research, you'll know if the seller is asking a fair price or offering a fair price for your trade-in. Be sure to use your pre-approved auto loan from Eglin Federal Credit Union. If you are financing with EFCU and purchasing at a dealership participating in the AutoCash program, remember to submit your AutoCash coupon for a $50 gift card.
Once you receive the keys to your vehicle, do your happy dance!
Afterwards, think what you can do to protect yourself and your new investment. EFCU has partnered with TruStage to provide auto insurance quotes for your new or used vehicle so that you, your investment and passengers are protected in the event of collision, injury, and/or loss. As an added benefit, your membership with EFCU can result in some sweet savings on auto insurance.
Guaranteed Asset Protection (GAP) can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, to cushion you against sudden out of pocket expenses if your vehicle is totaled or stolen. GAP can help lighten the financial burden for you and the people you care about. Get GAP today so you can worry a little less about tomorrow. GAP is voluntary, competitively priced, and can be added to your auto loan at any time.
Debt Protection is another voluntary loan protection product that may be added to your auto loan at any time. Debt Protection could cancel your loan balance or payments up to the contract maximums if a protected event such as sickness or injury, loss of life, or involuntary unemployment occurs.
EFCU is here to help you through all stages of the auto buying process so you can be prepared, informed, and enjoy the road ahead. Give us a call at 850.862.0111 or stop by any EFCU branch to get started.
An increasingly more common form of elder fraud is the tech-support scam.
According to the Federal Trade Commission (FTC), older adults are the hardest hit by such scams. The FTC's Consumer Sentinel Network received nearly 143,000 reports with a loss of $55 million on tech support scams in 2018. Consumers 60 and over filed more loss reports on tech-support scams from 2015 to 2018 than on any other type of fraud reported to the Consumer Sentinel Network. The median individual reported loss to tech-support scams was $400, however, people 60 and over reported a 25 percent higher median loss of $500.
Tech-scam frauds are done in several ways: the criminals make telephone calls and claim to be computer technicians associated with a well-known company or may use internet pop-up messages to warn about non-existent computer problems. They might claim they have detected viruses or other malware on a victim's computer. They then pretend to be "tech support" and ask the victim to allow remote access to his or her computer. Eventually, they diagnose a non-existent problem and ask for payment for unnecessary services.
Money isn't the only thing people can lose with tech-support scams. People hand over control when they give the scammers remote access to their computer. Scammers can then steal sensitive information or install spyware to gather information. Some have even been persuaded to log into their accounts whereby the scammer can then move funds remotely. The Federal Trade Commission (FTC) has developed a resource infographic for consumers that explain how to spot, avoid, report and recover from such scams. Review the infographic to learn more on how to spot a Tech Support scam and visit ftc.gov/TechSupportScams to learn more.
EFCU is dedicated to protecting our member's financial information in all areas of our operations. But how can you stay vigilant while on the go?
Our debit and credit cards can be used in conjunction with Apple PayTM, Samsung Pay® and Google PayTM.
Practical tips to help you stay a step ahead of fraudsters.
FORT WALTON BEACH, Fla. (Jan. 21, 2022) - Eglin Federal Credit Union is pleased to announce Mortgage Underwriter NormaJean Enlow has been selected as the 5-Star Performer of the 4th Quarter of 2021. NormaJean has been with the Credit Union for over 12 years and currently resides in Fort Walton Beach.
Along with President/CEO Jerry Williams, Mortgage Services Underwriting/QC Manager Mark Franks presented the award to NormaJean. He said, "NormaJean's work ethic and dedication are exceptional, and I do not use that adjective often. She always has a smile on her face, and she truly cares about our members as well as her fellow employees. She shows it in her willingness to help in any way, at any time every single day. Consistency is the word that comes to my mind. We are blessed to have her on our team."
The 5-Star Performer Award is a quarterly employee recognition program. The nominator provides a written submission describing how the employee exudes EFCU's Five Star Values: Respectful, Trustworthy, Dedicated, Proactive and Engaged.
Mortgage Services Operations Manager Ashley Hall and Mortgage Services Supervisor Christy Milian wrote the following in their nomination, "NormaJean Enlow is a 5-Star employee in every way. She is the ultimate team player in Mortgage Services and wears many hats in the department. There is no task too great for her to jump in (with a smile) and accomplish. NormaJean continually goes above and beyond what is expected of her. She radiates positivity and you cannot help but feel uplifted after even a short interaction with her. The Mortgage Services Department is lucky to have someone so committed to the job who is also a joy to be around. Congratulations, NormaJean, on an honor well-deserved!"
NormaJean was surprised and said, "Thank you for the nomination and award. It's a great honor, wonderful experience and a blessing to be given the opportunity to work with such professionals, wonderful staff and board who all have the best interest for our members."
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates.
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Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military and civilian personnel on Eglin Air Force Base, Hurlburt Field and Duke Field as well as affiliates of Select Employee Groups in Okaloosa, Santa Rosa and Walton counties. In addition to military and SEG affiliations, our membership also includes anyone living or working within our Geographic Field of Membership. Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
Where Members Matter Most.
FORT WALTON BEACH, Fla. - Eglin Federal Credit Union is proud to once again support the United Way Emerald Coast's 28th Annual Day of Caring. Twenty-three employees painted and landscaped at the Emerald Coast Science Center in Fort Walton Beach and at the Crestview Manor in Crestview on Friday, Jan. 14. This year's Day of Caring aligned with Martin Luther King Day's National Day of Service celebrated on Monday, Jan. 17.
"In the words of Dr. Martin Luther King, Jr., life's most persistent and urgent question is: What are you doing for others?" said United Way Emerald Coast's President and CEO Kelly Jasen. "Eglin Federal Credit Union's employees continuously exemplify a spirit of giving back to the community, and we cannot thank them enough. Painting in the Emerald Coast Science Center and the Crestview Manor was extremely helpful to our local partners, saving them time and money. It's a wonderful way to give back, which ultimately benefits the people in Okaloosa County."
Eglin Federal Credit Union has sponsored and participated in this event for over 17 years, and employees have painted, cleaned, organized, gardened and more to help fill the needs of our community.
"This was a special day for a number of our employees to help the United Way Emerald Coast with projects around Okaloosa County at local non-profits," said VP Membership and Community Development Neko Stubblefield. "We look forward to the Day of Caring every year and hope our service at the Emerald Coast Science Center and Crestview Manor has made a positive impact. Giving back through service is one way to enhance our community!"
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates.
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Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military and civilian personnel on Eglin Air Force Base, Hurlburt Field and Duke Field as well as affiliates of Select Employee Groups in Okaloosa, Santa Rosa and Walton counties. In addition to military and SEG affiliations, our membership also includes anyone living or working within our Geographic Field of Membership. Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
Where Members Matter Most.
Fort Walton Beach, Fla. (Nov. 16, 2021) - Eglin Federal Credit Union is pleased to recognize Chief Strategy Officer Cathie Staton for her 35 years of service with Eglin Federal Credit Union. As chief strategy officer Cathie manages strategic planning, marketing and public relations, membership and community development, risk management and compliance.
Cathie began her career at Eglin Federal Credit Union on Nov. 10, 1986. Throughout the past 35 years she served as a branch manager, opening the Crestview branch in July 1989 and the Bluewater Bay branch in May 1997. She was promoted to VP of Marketing/Compliance in January 2002 and was later promoted to SVP of Marketing/Compliance in May 2013. Cathie began her current role as chief strategy officer in October 2018. She oversees the coordination of the strategic plan and collaborates with the senior management team on project management. This past year Cathie spearheaded the yearlong Brand Refresh project with the Strum Agency.
"I would like to congratulate Cathie on her 35 years of service and thank her for her dedication to the employees and members of Eglin Federal Credit Union," said President and CEO Jerry Williams. "She makes decisions that are in the member's best interest while balancing compliance and risk considerations. In addition to her extraordinary experience, Cathie continues to shine with her positivity and enthusiasm to make Eglin Federal Credit Union the best it can be for members and employees."
Cathie states that she is grateful to love going to work each day, "I am privileged to work with a great team of dedicated professionals who are sincerely focused on our Mission."
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates.
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Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military and civilian personnel on Eglin Air Force Base, Hurlburt Field and Duke Field as well as affiliates of Select Employee Groups in Okaloosa, Santa Rosa and Walton counties. In addition to military and SEG affiliations, our membership also includes anyone living or working within our Geographic Field of Membership. Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
Where Members Matter Most.
Fort Walton Beach, Fla. (Nov. 12, 2021) - Eglin Federal Credit Union partnered with the Boys and Girls Club of the Emerald Coast (BGCEC) and Hey Gym Friend to conduct a Financial Fitness Bootcamp for approximately 100 youth on Friday, Nov. 5 at Riverside Elementary School in Crestview.
"The kids loved every minute of the Finance and Fitness Bootcamp and can't wait until the next session," said John Bryant, BGCEC campus director, Riverside Elementary. "We are grateful to EFCU for investing their time in our kids and the community."
EFCU VP of Membership and Community Development Neko Stubblefield and Financial Education Specialist Courtney Dollson taught youth about financial wellness with lessons centered on ways to earn, save, spend and donate money. After Courtney and Neko facilitated financial fitness, the youth joined Tonnisha Deonn from Hey Gym Friend for a physical fitness workout. Participants also had a chance to win one of four $25 cash drawings from EFCU.
"We joined forces with the Boys and Girls Club in Crestview to talk about the essentials of finances, savings, donating and giving back to the community," said Neko Stubblefield. "We rounded it out with a fitness bootcamp to have fun. It's our way of giving back to the community by talking about those things that are important for future financial health. It's a great opportunity to start at this level to build healthy financial behaviors that will last a lifetime."
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates.
About the Boys & Girls Club of the Emerald Coast
Boys & Girls Clubs programs have taken Members from the Clubhouse to the White House; from the games room to the corporate boardroom; from the high school football field to the NFL; from a band room to Carnegie Hall. In every community, young people are left to find their own recreation and companionship in the streets. An increasing number of children are at home with no adult care or supervision. Young people need to know that someone cares about them.
Boys & Girls Clubs of the Emerald Coast offer that and more. Club programs and services promote and enhance the development of boys and girls by instilling a sense of competence, usefulness, belonging and influence. Boys & Girls Clubs of the Emerald Coast is a safe place to learn and grow - all while having fun. These Clubs are the place where great futures are started each and every day. Learn more at emeraldcoastbgc.org.
About Hey Gym Friend
Hey Gym Friend Founder Tonnisha Deonn created the HGF community after losing 150 pounds. Tonnisha is a certified trainer/nutrition specialist. She envisioned a positive physical environment where self-love and growing socially meet. She made it her mission to make health and fitness fun and stress-free. Hey Gym Friend is a no judgment zone. Positivity is the only requirement!
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Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military and civilian personnel on Eglin Air Force Base, Hurlburt Field and Duke Field as well as affiliates of Select Employee Groups in Okaloosa, Santa Rosa and Walton counties. In addition to military and SEG affiliations, our membership also includes anyone living or working within our Geographic Field of Membership. Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
Where Members Matter Most.
Fort Walton Beach, Fla. (Oct. 29, 2021) - Eglin Federal Credit Union is pleased to announce Destin Member Services Counselor Tracy Goodman has been selected as the 5-Star Performer of the 3rd Quarter. Tracy has been with the Credit Union for seven years.
Destin Branch Manager Susan Arnold said at the award presentation, "Members flock to Tracy because she is knowledgeable, trustworthy, courteous and gracious. Tracy is known for her strong work ethic, leadership qualities, and humble attitude. She is always looking for opportunities to expand her knowledge and is committed to her coworkers and the members she serves. Tracy is a shining star, and very worthy of this recognition."
The 5-Star Performer Award is a quarterly employee recognition program. The nominator provides a written submission describing how the employee exudes EFCU's Five Star Values: Respectful, Trustworthy, Dedicated, Proactive and Engaged.
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates.
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Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military and civilian personnel on Eglin Air Force Base, Hurlburt Field and Duke Field as well as affiliates of Select Employee Groups in Okaloosa, Santa Rosa and Walton counties. In addition to military and SEG affiliations, our membership also includes anyone living or working within our Geographic Field of Membership. Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
Where Members Matter Most.
Fort Walton Beach, Fla. (Oct. 29, 2021) - Eglin Federal Credit Union is pleased to announce Laura Coale has been named the VP of Marketing and Public Relations. Coale brings more than 20 years of communications experience in private and public organizations to the Credit Union. In this role, Coale will be responsible for effectively executing integrated marketing initiatives to meet the mission of EFCU.
"We are very happy Laura joined Eglin Federal Credit Union as the new VP of Marketing and Public Relations," said President and CEO Jerry Williams. "Her experience in branding, change communication and creating award-winning marketing and public relations campaigns will greatly benefit the Credit Union's members and the community."
Coale earned her master's degree in journalism and mass communication with a public relations concentration from Kent State University while she was working as the media relations director for Denver International Airport. She earned her bachelor's degree in communication with minors in business management and decision sciences from Miami University in Ohio. She also earned a certified change practitioner certificate from Prosci.
Most recently, Coale worked as the communications director for the Escambia County Board of County Commissioners. During this time, Coale was recognized for assisting the US Attorney's Office and FBI on the NAS Pensacola Terrorist Attack. She also led the team to win the 3CMA Silver Circle Award for a digital interactive COVID-19 public relations campaign, and she led the public information efforts during Hurricane Sally.
"Eglin Federal Credit Union is recognized as a leader in our community, and I am very proud to join this extraordinary team," said Coale. "I'm looking forward to sharing stories about the incredible work employees do in the community and the benefits of the products and services available to members. Eglin Federal Credit Union has a long and rich history serving its members and the community, and I'm thrilled to be able to use my strategic communications experience to help the community in which I live."
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates.
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Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military and civilian personnel on Eglin Air Force Base, Hurlburt Field and Duke Field as well as affiliates of Select Employee Groups in Okaloosa, Santa Rosa and Walton counties. In addition to military and SEG affiliations, our membership also includes anyone living or working within our Geographic Field of Membership. Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
Where Members Matter Most.
Routing Number: 263178070 *APR = Annual Percentage Rate.
©2022 Eglin Federal Credit Union. Eglin Federal Credit Union is Federally Insured by NCUA. Equal Housing Lender (NMLS 440642). Equal Opportunity Employer. Information submitted to EFCU via email is not encrypted and may not be secure. Links to other sites are provided as a convenience to our visitors. The Credit Union is not responsible for the availability, content, or privacy practices of any linked site. Images used for representational purposes only; do not imply government endorsement. If you experience any problems accessing our website or using online services, please call 800.367.6159 during our normal business hours (Monday-Friday 9am-5pm CST, excluding federal holidays).
When you receive a collateral loan from EFCU you'll need to agree to maintain adequate insurance coverage.
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Questions? Contact us by calling 850.862.0111 option 2 or email Consumer Loans via secure email.
| VEHICLE TYPE | TERM | APR* (as low as) |
|---|---|---|
| New or Used Up to 15 Years Old | 66 Months | 2.29% |
| New or Used Up to 10 Years Old | 74 Months | 2.79% |
| New or Used Up to 10 Years Old ($20k +) | 84 Months | 3.79% |
* APR = Annual Percentage Rate. There is a range of rates for each loan type. The rate received will be determined by an evaluation of the applicant's credit. The above rates are current as of Wednesday, January 26, 2022 and are subject to change
Got questions? Contact us by calling 850.862.0111 option 2 or email Consumer Loans via secure email.
| LOAN VALUE | LOAN TERM | APR*(as low as) |
|---|---|---|
| Up to $10,000 | 60 Months | 4.75% |
| Up to $25,000 | 120 Months | 5.75% |
| Up to $50,000 | 144 Months | 6.00% |
| Over $50,000 | 180 Months | 6.00% |
| LOAN VALUE | LOAN TERM | APR*(as low as) |
|---|---|---|
| Up to $10,000 | 60 Months | 5.75% |
| Up to $25,000 | 120 Months | 6.75% |
| Up to $50,000 | 144 Months | 7.00% |
| Over $50,000 | 180 Months | 7.00% |
Questions? Contact us by calling 850.862.0111 option 2 or email Consumer Loans via secure email.
| LOAN VALUE | LOAN TERM | APR*(as low as) |
|---|---|---|
| Up to $10,000 | 60 Months | 4.75% |
| Over $10,000 | 120 Months | 5.75% |
| Over $25,000 | 144 Months | 6.00% |
| Over $50,000 | 180 Months | 6.00% |
| LOAN VALUE | LOAN TERM | APR*(as low as) |
|---|---|---|
| Up to $10,000 | 60 Months | 5.75% |
| Over $10,000 | 120 Months | 6.75% |
| Over $25,000 | 144 Months | 7.00% |
| Over $50,000 | 180 Months | 7.00% |
| LOAN VALUE | LOAN TERM | APR*(as low as) |
|---|---|---|
| Up to $10,000 | 60 Months | 5.00% |
| Over $10,000 | 72 Months | 6.75% |
| Over $20,000 | 84 Months | 7.25% |
Questions? Contact us by calling 850.862.0111 option 2 or email Consumer Loans via secure email.
| LOAN VALUE | LOAN TERM | APR*(as low as) |
|---|---|---|
| Up to $10,0001 | 48 Months | 6.00% |
| Over $10,0002 | 60 Months | 6.00% |
| LOAN TERM (up to) | APR*(as low as) |
|---|---|
| 60 Months | 5.00% |
Got questions? Contact our Mortgage Services team today at 850.862.0111 (Option 3) or via secure email
| LOAN TERM | APR* | ORIGINATION FEE | POINTS |
|---|---|---|---|
| 30 year | 3.750% | 0% | 0 |
| 20 year | 3.625% | 0% | 0 |
| 15 year | 3.125% | 0% | 0 |
Got questions? Contact our Mortgage Services team today at 850.862.0111 (Option 3) or via secure email
| LOAN TERM | APR* | ORIGINATION FEE | POINTS |
|---|---|---|---|
| 30 year | 3.750% | 0% | 0 |
| 20 year | 3.625% | 0% | 0 |
| 15 year | 3.125% | 0% | 0 |
Got questions? Contact our Mortgage Services team today at 850.862.0111 (Option 3) or via secure email
| LOAN TERM | APR* | ORIGINATION FEE | POINTS |
|---|---|---|---|
| 30 year | 3.750% | 0% | 0 |
| 20 year | 3.625% | 0% | 0 |
| 15 year | 3.125% | 0% | 0 |
Got questions? Contact our Mortgage Services team today at 850.862.0111 (Option 3) or via secure email
| INTEREST RATE | MAXIMUM COMBINED LTV** (TLTV) |
|---|---|
| 5.25% APR* | 80% |
| INTEREST RATE | MINIMUM ADVANCE | CLOSING COSTS |
|---|---|---|
| 3.25% APR* | $5,000 | NONE |
Got questions? Contact our Mortgage Services team today at 850.862.0111 (Option 3) or via secure email
| MAX TERM | APR* |
|---|---|
| 5 years | 8.50% |
| 10 years | 9.00% |
Got questions? Contact our Mortgage Services team today at 850.862.0111 (Option 3) or via secure email
| MAX TERM | APR* |
|---|---|
| 9 months | 5.50% |
| LOAN TERM | APR* as low as | MAX LOAN AMOUNT |
|---|---|---|
| 42 Months | 8.90% | $20,000 |
| LOAN TERM | APR* as low as | MAX LOAN AMOUNT |
|---|---|---|
| ------ | 8.90% | $20,000 |
| REPAYMENT PERIOD | APR* | MAX LOAN AMOUNT |
|---|---|---|
| 120 days | 16.9% | $500 |
| REPAYMENT PERIOD | APR* as low as | MAX LOAN AMOUNT |
|---|---|---|
| 42 Months | 13.90% | $3000 |
| REPAYMENT PERIOD | APR* as low as | MAX LOAN AMOUNT |
|---|---|---|
| 42 Months | 5.00% | $2000 |
| LOAN TYPE | MAX LOAN AMOUNT | REPAYMENT PERIOD | APR* |
|---|---|---|---|
| Share Loan Pledging S1 or S4 | Available balance in account pledged | 84 months | 2.00% |
| Share Loan Pledging S7 | Available balance in account pledged | 84 months | 2.50% |
| Share Loan (Variable Rate) | Secured by funds in S-1. Rate adjusted quarterly, APR* 3% above S-1 dividend rate. | 84 months | Variable% |
| Share Certificate Loan | Rate is 3% above Share Certificate Rate. Maximum term is Maturity of Share Certificate. | Paid at maturity | 3% above Share Certificate Rate |
| PREMIUM CHECKING | DIVIDEND RATE | APY* |
|---|---|---|
| A $500 minimum balance is required to earn dividends. The APY stated is accurate as of the last dividend declaration date, which is the last day of the previous quarter. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends. | .05% | .05% |
| REGULAR SHARE SAVINGS | DIVIDEND RATE | APY* |
|---|---|---|
| A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last dividend declaration date, which is the last day of the previous quarter. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends. | .20% | .20% |
| FL UNIFORM TRANSFER TO MINORS SAVINGS | DIVIDEND RATE | APY* |
|---|---|---|
| A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last dividend declaration date, which is the last day of the previous quarter. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends. | .20% | .20% |
| CHRISTMAS CLUB SAVINGS | DIVIDEND RATE | APY* |
|---|---|---|
| A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last dividend declaration date, which is the last day of the previous quarter. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends. | .20% | .20% |
| VIP SAVINGS | DIVIDEND RATE | APY* |
|---|---|---|
| A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last dividend declaration date, which is the last day of the previous quarter. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends. | .20% | .20% |
The Current APY and Dividend Rates shown are the current weekly rates in effect from 1/21/2022 - 1/27/2022. The Previous APY and Dividend Rate stated are accurate as of the last dividend declaration date, which is the last day of the previous month. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends.
|
Money Market Tier |
Current Dividend Rate |
Current APY* |
Previous Dividend Rate |
Previous APY* |
|---|---|---|---|---|
|
Balance $.00 to 2,499.99 |
0.05% | 0.05% | 0.05% | 0.05% |
|
Balance $2,500.00 to 9,999.99 |
0.15% | 0.15% | 0.15% | 0.15% |
|
Balance $10,000.00 to 24,999.99 |
0.20% | 0.20% | 0.20% | 0.20% |
|
Balance $25,000.00 to 49,999.99 |
0.25% | 0.25% | 0.25% | 0.25% |
|
Balance $50,000.00 & up |
0.30% | 0.30% | 0.30% | 0.30% |
| COVERDELL EDUCATION SAVINGS | DIVIDEND RATE | APY* |
|---|---|---|
| A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last dividend declaration date, which is the last day of the previous quarter. Dividend rate and APY are variable and subject to change after the account is opened. If you close your account before dividends are paid you will not receive the accrued dividends. | .20% | .20% |
All Current APY and Dividend Rates shown are the current weekly rates in effect on 1/21/2022. Dividend rate and APY are variable and subject to change after the account is opened. The Previous APY and Dividend Rates stated are accurate as of the last dividend declaration date, which is the last day of the previous quarter.
| Account Description | Current Dividend Rate | Current APY* | Previous Dividend Rate | Previous APY* |
|---|---|---|---|---|
| Traditional IRA | 0.50% | 0.50% | 0.50% | 0.50% |
All Current APY and Dividend Rates shown are the current weekly rates in effect on 1/21/2022. Dividend rate and APY are variable and subject to change after the account is opened. The Previous APY and Dividend Rates stated are accurate as of the last dividend declaration date, which is the last day of the previous quarter.
| Account Description | Current Dividend Rate | Current APY* | Previous Dividend Rate | Previous APY* |
|---|---|---|---|---|
| Roth IRA | 0.50% | 0.50% | 0.50% | 0.50% |
A $2500.00 minimum deposit required. There is a penalty for early withdrawal.
Rates listed are current from 1/21/2022 - 1/27/2022.| CERTIFICATE TYPE | DIVIDEND RATE | APY* |
|---|---|---|
| 31 Days / 1 month Certificate | 0.20% | 0.20% |
| 92 days / 3 month Certificate | 0.20% | 0.20% |
| 182 days / 6 month Certificate | 0.20% | 0.20% |
| 365 days / 12 month Certificate | 0.40% | 0.40% |
| 548 days / 18 month Certificate | 0.45% | 0.45% |
| 730 days / 24 month Certificate | 0.50% | 0.50% |
| 1095 days / 36 month Certificate | 0.55% | 0.55% |
| 1460 days / 48 month Certificate | 0.60% | 0.60% |
| 1825 days / 60 month Certificate | 0.65% | 0.65% |
| Annual Percentage Rate (APR) for Purchases, Balance Transfers, and Cash Advances | as low as 7.9% up to 14.9% The APR is determined at account opening and is based on the borrower's credit score. |
| Penalty APR | None |
| Paying Interest | Your due date is at least 24 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date |
| Minimum Interest Charge | None |
| For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore |
| Annual Fee | None |
| Transaction Fees | |
| Balance Transfer | None |
| Cash Advance | None |
| International Transaction | None |
| Penalty Fees | |
| Late Payment | $20 or the amount of the required minimum payment, whichever is less, if you are 12 or more days late in making a payment. |
| Over-the-Credit-Limit | None |
| Returned Payment | Up to $28.00 |
| Annual Percentage Rate (APR) for Purchases, Balance Transfers, and Cash Advances | as low as 8.9% up to 15.9% The APR is determined at account opening and is based on the borrower's credit score. |
| Penalty APR | None |
| Paying Interest | Your due date is at least 24 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date |
| Minimum Interest Charge | None |
| For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore |
| Annual Fee | None |
| Transaction Fees | |
| Balance Transfer | None |
| Cash Advance | None |
| International Transaction | None |
| Penalty Fees | |
| Late Payment | $20 or the amount of the required minimum payment, whichever is less, if you are 12 or more days late in making a payment. |
| Over-the-Credit-Limit | None |
| Returned Payment | Up to $28.00 |
When you received your loan you agreed to maintain adequate insurance coverage. If your insurance information has changed or you receive a letter stating we do not have proper documentation, you should provide us with a copy of your insurance declarations page (not your insurance card). The declarations page must show the following information:
Eglin Federal Credit Union uses small text files called cookies to collect anonymous Web site traffic data. This information helps improve our Web services. Our cookies do not collect or store any personally identifiable information.
To help fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens or signs on an account.
When you open an account, we will ask you for your name, physical address, date of birth and other information that will allow us to identify you.
| Defense Credit Union Council |
| Eglin Air Force Base |
| Hurlburt Field |
| Internal Revenue Service |
| National Association of Federal Credit Unions |
| National Credit Union Administration |
Please refer to the following guidelines for providing your account number:
In compliance with The Secure and Fair Enforcement for Mortgage Licensing Act, also known as the SAFE Act, we are providing a list of EFCU's registered mortgage loan originators and their Nationwide Mortgage Licensing System (NMLS) number. The SAFE Act was passed to ensure the integrity of the Mortgage Lending system by establishing a set of standards that specific mortgage professionals must meet in order to work in the mortgage industry.
| EFCU Mortgage Professional | NMLS ID |
|---|---|
| Ann Creager | 1561554 |
| April Young | 1011150 |
| Ashley Hall | 1011145 |
| Brian Mark Franks | 1296056 |
| Candice Ann Salo | 2263057 |
| Carole Stanley | 1482257 |
| Carrie Ann Calcutt | 2064000 |
| Christina Walker | 1714720 |
| Christy Milian | 490970 |
| Cynthia Bower | 2064007 |
| Debbie Adams | 1012758 |
| Edith Darlene Sheppard | 1007643 |
| John Pellerin | 1011113 |
| Kayla Michelle Smith | 2177769 |
| Lilly B. Edra | 2041564 |
| Mariah Welbeck | 1851799 |
| Michele (Shellie) Marie Colaizzi | 798447 |
| Nakia Cherelle Woodley | 2080609 |
| Nikita LaShon Torres | 1849764 |
| NormaJean Enlow | 1212774 |
| Portiala Seymone Lundy | 2297492 |
| Ruby Tincher | 1212771 |
| Sheeny Marquez Satulan | 2237420 |
| Susan Castillo Dombrigues | 490967 |
| Tatyana Galenkova | 2063947 |
| Tiffany Michelle Cadogan | 1867034 |
| Vivian Gabrielle Crosby | 2135959 |
| Yolanda Watters | 805809 |
| Zena Payne | 490969 |
| Eglin FCU | 440642 |
eStatements provide online access to your account statements instead of by mail. Besides being an excellent way to help our environment, going paperless is also a fast, convenient and safe way to view your monthly statement. This service is free to all EFCU members and can be cancelled at any time. To receive eStatements, Online Banking is required.
Set up eStatements today by logging in and selecting 'eStatements' under the 'eServices' tab in the main navigation.
We recommend that members with Online Banking log in to make these changes in the "Contact Information" section under the "My Profile" tab.
Please note: For the safety and security of our members, some services may be limited for up to 30 days after an address change. Print the Change of Contact Information form to submit it in person at an EFCU branch.
Complete the skip-a-pay form to agree to the terms* and request your preference to skip your next loan payment on your EFCU loan product. Please note: It may take up to 2 business days to process your request. If submitted via DocuSign, you will receive a confirmation email when your request has been processed. If you have questions or need additional assistance, please call 850.862.0111 or 800.367.6159.
*Subject to approval. Your account must be in good standing. This offer is subject to a $20 processing fee for each loan payment skipped. Only one skip allowed per loan per 12-month period. This offer excludes Mastercard®, S.A.F.E. Loans, Share Certificate Loans, Mortgage Loans, and Mobile Home Loans. Loan must be at least one year old. Skipping a payment will extend the repayment period on the loan and interest continues to accrue during the skip period. Except as expressly amended by this agreement the terms of the original loan agreement remain in full force and effect. Annual Percentage Rate and scheduled payment do not change. GAP protection coverage will be reduced if you skip or miss more than 2 monthly payments over the life of the loan.
You are not required to take a Required Minimum Distribution (RMD) for the 2020 tax year. This RMD waiver applies to 2020 RMDs, including 2019 RMDs paid between January 1, 2020 and April 1, 2020. If you have already taken a Required Minimum Distribution from your EFCU IRA, you have 60 days to rollover those funds back into your IRA. If your 2020 Required Minimum Distribution was more than 60 days ago, seek competent tax advice for available options.
Please complete this application in its entirety to ensure your request will be processed in a timely manner. Signatures must be witnessed by an Eglin FCU employee, a Notary Public, or signed electronically using an Eglin FCU eSignature service.
Print the 2020 IRA Required Minimum Distribution Waiver Request to submit it in person at an EFCU branch.
| Holiday | Date |
| Christmas (observed) | Fri, Dec. 24, 2021 |
| New Year's Day (observed) | Fri, Dec. 31, 2021 |
| Martin Luther King, Jr. Day | Mon, Jan. 17, 2022 |
| Presidents' Day (observed) | Mon, Feb. 21, 2022 |
| Memorial Day | Mon, May 30, 2022 |
| Juneteenth Nat'l Independence Day | Mon, June 20, 2022 |
| Independence Day | Mon, July 4, 2022 |
| Labor Day | Mon, Sept. 5, 2022 |
| Columbus Day | Mon, Oct. 10, 2022 |
| Veterans Day | Fri, Nov. 11, 2022 |
| Thanksgiving Day | Thurs, Nov. 24, 2022 |
| Christmas Day (observed) | Mon, Dec. 26, 2022 |
| Name | Title |
| Jerry Williams | President/CEO |
| Kenny Girot | COO, Chief Operations Officer |
| Cathie Staton | CSO, Chief Strategy Officer |
| Gina Denny | SVP, Human Resources |
| Tim Farnsworth | SVP, Information Technology |
| C. Grant | SVP, Accounting |
| Rocky Magee | SVP, Information Systems |
| Kim Nauta | SVP, Branch Operations |
| Dawn Oravetz | SVP, Payment Services |
| Laura Coale | VP, Marketing & Public Relations |
| Neko Stubblefield | VP, Membership & Community Development |
| Name | Title |
| James Pitts | Chairman |
| Robert Harlan | Vice Chairman |
| Russ Corbitt | Secretary/Treasurer |
| Richard Adams | Director |
| Daniel A. McInnis | Director |
| Barbara Patty | Director |
| William S. Rone | Director |
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