October 2020
View the PDF version of our October 2020 newsletter: WMCU_October 2020
Holiday Closings
West Michigan Credit Union offices will be closed the following dates:
- Monday, October 12th
- Thursday, November 26th
- Friday, November 27th (Close at 1pm on 11/27)
- Thursday, December 24th (Close at 1pm on 12/24)
- Friday, December 25th
- Thursday, December 31st (Close at 1pm on 12/31)
- Friday, January 1st
Access your account through:
- It’s Me 247 Online Banking
- Debit Card
- Shared Branch
- Mobile App with Remote Deposit
0% APR* for 6 months on balance transfers from your high interest credit card!
No Annual Fees and No Balance Transfer Fees! Take advantage of this limited time offer to consolidate debt and lower your interest rates! Earn 0% APR* for 6 months by transferring your high interest credit card balance to one of our new credit cards. To be eligible for this promotion, you must be approved for either the Better Rate credit card or the Better Reward credit card.
To learn more about our two new credit card options, click here. You can apply for one of our new credit cards at any time, but a balance transfer will require you speaking with a member service representative. Apply by:
- Calling us at 1(800) 442-4576
- Speaking with a Member Service Representative
- To apply online
To learn more about this limited time offer, visit: www.westmichigancu.com/0-apr/
*APR = Annual Percentage Rate. After 6-month time period expires, the rate for the Better Rate credit card will be 7.5% - 17% and the rate for the Better Reward credit card will be 8.5% - 18%. Rate is subject to approval. Rate is subject to change and is based on creditworthiness. Must qualify for membership. Limited time offer, balance transfers must be completed by November 15, 2020. Promotional rate starts at date of 1st transfer. Promotion cannot be combined with any other offer, including member rewards points discounts. Promotion is available for either the Better Rate credit card or the Better Reward credit card program only. Balance transfer promotion of 0% is not available for balances transferred from one WMCU credit card to another WMCU credit card or any other WMCU loan balances. No balance transfer fee applicable with promotion. No annual fee. Cash back will not be earned on the Better Reward credit card for any balance transfers. Participants can earn 1% (.01) cash reward up to $200 per month by using the West Michigan Credit Union Better Reward credit card to make purchases. Cash rewards will be calculated at the end of each billing cycle by multiplying your purchases by 1% (.01). Cash rewards will be credited to your credit card account within your next billing cycle and rounded to the nearest cent. Full terms and conditions will be sent with your Better Reward credit card. You, as the member, are responsible for reading the Better Reward Terms and Conditions. West Michigan Credit Union may amend the terms and conditions at any time without notice.
Fee Schedule
Effective January 1, 2021.
| Star Icon | SERVICE | FEE |
|---|---|---|
| Star Icon | Account History Print-Out | $2.00 |
| Account Research | $20/hour | |
| Bill Pay Transaction Overage Fee (Over 20) | 50¢ ea | |
| Star Icon | Card Replacement (Credit, Debit, and Travel Card) | $5.00 |
| Check Cashing/Negotiation | $3.00 | |
| Check Cashing/Negotiation – Non-Members | $5.00 | |
| Star Icon | Check Copy | $3.00 |
| Star Icon | Credit Union Corporate Check (1 free/ mo) | $3.00 |
| CU*Advance – Per Occurrence | $30.00 | |
| Dormant Account Monthly Fee – Accounts inactive for 12 months | $10.00/month | |
| ECM Payment: One-Time Payment | $3.95/ payment | |
| Escheat Fee – Per Occurrence | $10.00 | |
| Garnishment/Levy | $25.00 | |
| Star Icon | Gift Card by VISA | $3.00 |
| Star Icon | Instant Issue Card* | $10.00 |
| Membership Fee – at time of account opening | $5.00 | |
| Star Icon | Money Order – Per money order (4 free/mo) | $1.50 ea |
| Star Icon | Non-Sufficient Funds Fee – Per Occurrence | $30.00** |
| Overnight Fee | $20.00 | |
| Star Icon | Returned Deposit Item | $20.00 |
| Returned Mail | $5.00 | |
| Simple Checking (waived with e-Statements) | $2.00 | |
| Simply Better Checking | $4.00 | |
| Statement Copy – Previous 12 Months | $1.00 | |
| Statement Copy – Older than 12 Months | $2.00 | |
| Star Icon | Stop Payment | $30.00 |
| Travel Money Card by VISA | $5.00 | |
| Travel Money Card Reload | $3.00 | |
| Star Icon | Wire Transfers – Domestic Outgoing | $15.00 |
| Wire Transfers – International Outgoing | $35.00 |
Star Icon = Redeemable Member Rewards Points
*When available. More information to follow in the near future.
**Fee applies when overdraft is created by check, in person withdrawal, ATM withdrawal, or other electronic means.
Fees Subject to Change. Ask any Credit Union employee for details.
2021 Board of Directors
We have 3 board incumbent positions up for re-election on the 2021 Board of Directors. If you are interested in volunteering to be a board member, please send a letter of intent and resume of qualifications to the Nominating Committee by December 15, 2020
Send all submissions to:
West Michigan Credit Union
Attn: William Keim
1720 Michigan St NE
Grand Rapids, MI 49503
Note: There will be no nominations from the floor on the day of the event. Voting will be held in the first quarter of 2021, with our Annual Meeting scheduled for Tuesday, March 16, 2021.
December Skip-A-Pay
Add a little extra padding to your holiday budget! Contact us to see if you qualify to skip your December payment.
Proceeds from the December Skip-A-Pay will be donated to Helen DeVos Children's Hospital.
Speak with a Member Service Representative in person or call 1(800)442-4576, or begin your December Skip-A-Pay form online!
Working together as the most trusted resource to help our members' financial lives be simply better.