Regular Shares (savings)
The regular share account is the opportunity for you to save. All that we require for you to have a regular share account
is a balance of $50. With this account you can have that savings you have always wanted.
Share Draft (checking)
Our Share Draft account service is free if you obtain a monthly balance of at least $100, a $5 service fee is applied
otherwise. We offer checks and ATM/Debit cards to our Share Draft holders. * A regular Share Account is required to
hold a Share Draft Account.
These handy accounts can be started at any time throughout the year, but for the best results, consider opening a new
account right after the holidays. You can add money each week, each month or whenever you have some spare cash.
Christmas Accounts are paid out early November and keep in mind that these accounts are only allowed one withdraw a
Money Market Account
Our Money Market Account is a savings account that offers a competitive rate of interest (real rate) in exchange for
larger than normal deposits. *$1000 minimum account balance required.
Share Certificates (Certificate of Deposit)
Enjoy competitive fixed rates with our Share Certificates. Certificates earn dividends at higher rates than share savings
accounts and money market accounts, but require you to lock in your money for a predetermined maturity period. We
offer terms as low as 3 months and as long as 36 months. The minimum deposit is $1,000. Dividends are paid at
maturity. Watch your savings grow for the future with a guaranteed rate.
Corrections Federal CU offers competitive rates on all types of loans, from RV's to Consolidation Loans, and
everything in between . If you need to borrow money for any reason, give Corrections Federal CU a call.
New and Used Cars, Trucks, SUV's, Motor-Homes, Motorcycles, Boats, Jet-Ski's, Trailers and etc. If it has a Title
(pink slip) we can finance it for you.
If you have a vehicle that is paid in full, we can use your certificate of title as collateral and lend you up to the average
Kelly Blue Book value of vehicle.
Do you have a car financed with another institution at a high rate? Come in and see if you qualify for a lower rate with
Corrections Federal CU!
Personal Loan (unsecured)
If you need a personal loan to do some work around the house or that long overdo vacation. Corrections Federal CU
offers great rates and can be used to purchase anything you would like.
Share Secured Loan
Share Secured Loans are loans that are secured with a savings deposit or term certificate. If you have that extra money
saved up, borrow against it and get competitive rates.
Do you want to clean up your credit? Consolidate your bills with one easy payment and watch your credit score rise!
Need Some extra cash during the Holiday Season? Corrections Federal CU can help you with our short term Christmas
Payday Advance Loan
A Payday Advance Loan is a small, short-term loan (up to $500) without a credit check that is intended to bridge the
borrower's cashflow gap between pay days.
With this Loan you can Deposit advance in your account or Receive cash or cashier's check. The Loan is secured by the
borrower's post-dated check that includes the original loan principal ,accrued interest and current application fee (rates
subject to change). The maturity date usually coincides with the borrower's next pay day. On the maturity date
Corrections Federal CU processes the check traditionally or through electronic withdrawal from the borrower's account.
[As with all deposits at CorFed CU your funds are federally insured up to $250,000 by the NCUA, an agency of the Federal Government.]