North East Texas Credit Union

Programs: North east texas credit union (netcu) offers a variety of savings accounts in order to best serve our members. Our member share accounts pay regular monthly dividends on balances of $100 or more. Dividend rates increase as balances increase. We also have special accounts available for children, youth, and young adults offering special benefits to help young people learn to save and manage money. Share certificates are accounts that provide higher rates to members with larger sums to put into savings over a fixed period of time. Netcu also offers a variety of ira's including roth and traditional to members of the cooperative. Netcu experienced growth in the number of members during 2014. We started the year with 15,670 members and ended the year 12/31/2014 with 16,156 members.

netcu has always offered loans at competitive or lower rates than other financial institutions. Netcu is able to serve its entire membership with our risk-based lending program. Consumer loan offerings include but are not limited to auto loans, bereavement, tax refund, computer, furniture, and agricultural loans. Netcu also maintains a portfolio of consumer real estate loans. Fixed rate and balloon loans for purchase, home improvement, home equity, and construction loans are available. Netcu ended 12/31/2014 with 6,186 loans totaling $79,448,101. 32. In 2014, 2,596 loans were funded, totaling $32,540,797. 20.

netcu continuously researches and invests in new technology to better serve its members. Net teller internet banking offers online account history inquiries, statement retrieval, current transaction history, on-line transfers, loan payments, and stop payments. Text banking allows members to check their financial status even if they don't have a smart phone or web enabled device. On-line bill payment allows members to pay bills electronically. Check images and e-statements are available on-line to members. Our audio response system, updated in 2012, is a telephone service that allows members access to their cu account from anywhere. We also are equipped to open new accounts through an on-line platform.

the credit union also offers the following services - checking options, overdraft protection, courtesy pay, debit cards, credit cards, atm network, direct deposit, safe deposit boxes, money transfer services, business checking, member business lending, and loan insurance protection products.