|
What is Shared
Branching? |
A service in which WCFECU
“shares” branches with other credit unions to provide
Members with additional locations and branch hours.
This means WCFECU Members can access their accounts
throughout Florida, across the nation and specific
foreign countries. |
|
How many Shared Branches
are available? |
There are almost 200
Service Centers in Florida, over 2,500 nationwide, and
25 international. |
|
What International
Countries have Shared Branches? |
Included are Germany,
Italy, Japan, Korea, and Puerto Rico, plus others.
Please check the link for all locations -www.cuservicecenter.com |
|
Is there a fee for using
a Shared Branch? |
The first 5
transactions per month are free. A 50 cent per
transaction fee will apply to each transaction over 5
each month. |
|
Can both personal and
business Members perform transactions at Shared
Branches? |
Only personal accounts
should conduct transactions at Shared Branches.
However, there is nothing to prevent a business Member
from going to a Shared Branch. |
|
What is the Funds
Availability? |
Availability of funds is
determined by the location of the Shared Branch. |
|
What type of transactions
can be conducted at Shared Branches: |
The
following types of transactions can be conducted at a
Shared Branch:
-
Deposits
-
Withdrawals
(available funds only)
-
Check Cashing
-
Transfer Funds
-
Statement Printouts
-
Stop Payments
-
Balance Inquiries
-
Loan Payments
-
LOC Loan Advances
-
Check Re-orders
-
Purchase Negotiable
Items (official checks, money orders, etc.)
|
|
Can WCFECU members
initiate Wire Transfers from a Shared Branch? |
No. You must visit a
WCFECU branch. |
|
Is there a limit for cash
withdrawals at a Shared Branch? |
Yes. $1,500 per day. |
|
Is there a limit for cash
withdrawals at a Shared Branch when the system is down
(off-line transactions)? |
Yes. $200 per Member. |
|
What fee will Members pay
when they purchase a Monetary Instrument (official
check, money order, etc)? |
The member will be
assessed the fees charged at the location where the
transaction is being processed. |
|
Can Members open a new
account or close an existing account at a Shared Branch? |
No. However, Members have the following options:
-
Visit a WCFECU branch
-
Open by mail
–contact our Membership Officer
|
|
What happens if I do not
remember my Member number? |
You must
provide your Member Number. The Shared Branch Service
Center does not have the ability to look up Member
numbers. Call the Phone Contact Center for help. |
|
What type of
Identification do I have to provide at the Shared
Branch? |
The types of acceptable identifications are:
-
Driver’s License
-
State issued
Identification Card
-
Passport
-
Resident Alien Card
(Green Card)
-
US Military
Identification Card
Note:
The ID must be Valid (not expired).
|
|
Must International
deposits be made in US Dollars? |
Yes. |
|
How long will a deposit
take to post to my account if the deposit is made at a
Shared Branch outside of Florida? |
Deposits are made in
real-time. This means that your account will be
credited immediately. |