Member Rewards Program | Carolinas Telco FCU

In addition to the great rates and personalized service you've come to expect, as a CTFCU member you can now earn even more benefits through our Member Rewards program. You can earn loan rate discounts CD bonus rates, and much more! As your financial relationship with us grows, so do your rewards!

How to qualify for your benefits at each relationship level

Relationship Level: PREMIER

How to Qualify:

Your Benefits:

New Loan Discount²-0.25%
New CD Bonus³+0.25%
New Mortgage Loan Origination fee discount⁴ of $250
Open a new Home Equity Line of Credit (HELOC) to receive a $75 bonus
Paper Statement Fee waived
Three (3) Insufficient Funds fee⁶ (NSF) or Courtesy Pay fee⁶ refunds per year
Check Cashing Fee waived
One (1) Free box of paper checks per year
No charge for official checks
$1.50 fee per Visa® Gift card(s)

Relationship Level: ELITE

How to Qualify:

Your Benefits:

New Loan Discount²-0.10%
New CD Bonus³+0.10%
New Mortgage Loan Origination fee discount⁴ of $100
Open a new Home Equity Line of Credit (HELOC) to receive a $50 bonus
Paper Statement Fee of $1.00 per month
Two (2) Insufficient Funds fee⁶ (NSF) or Courtesy Pay fee⁶ refunds per year
Check Cashing Fee waived
One (1) Free box of paper checks (over account lifetime)
$1.00 fee per official check(s)
$2.00 fee per Visa® Gift card(s)

Relationship Level: SELECT

How to Qualify:

Your Benefits:

Relationship Level: MEMBER

How to Qualify:

Your Benefits:

Relationship Level¹	Qualifiers	New Loan Discount²	New CD Bonus³	New Mortgage Loan Origination Fee Discount⁴	New HELOC Closing Bonus	Paper Statement Fee⁵	NSF/Courtesy Pay Fee⁶	Check Cashing Fee	Paper Checks	Official Check Fee	Visa Gift Card Fee
Premier	Active Rewards Checking⁸ account $25k minimum combined deposit and loan balances Direct deposits of at least $750 in the past 30 days	-0.25%	+0.25%	$250	$75	N/A	3 Refund per Year	Free	1 Box per Year Free	Free	$1.50 per Card
Elite	Active Checking Product⁸ $5k minimum combined deposit and loan balances Direct deposits of at least $350 in the past 30 days	-0.10%	+0.10%	$100	$50	$1.00 per month	2 Refunds per Year	Free	1 Box Free (lifetime)	$1.00 each	$2.00 per Card
Select	Active Checking Product⁹	None	None	None	None	$2.00 per month	1 Refund per Year	Free	Regular Cost	$2.00 each	$2.50 per Card
Member	Doesn’t qualify for either of the above	None	None	None	None	$2.00 per Month	None	Free	Regular Cost	$3.00 each	$3.00 per Card

Member Rewards Disclosures

¹Relationship Level will be assigned each month automatically, on the last day of the month.

²The Member Rewards falls per member number and the accounts and loans under that number.

³New Loan Discount only applicable to fixed-rate loans; excludes Mortgages, HELOCs, Credit Cards, and Lines of Credit.

⁴New CD Bonus does not apply to special CD Rate offerings.

⁵New Mortgage Loan Origination Fee Discounts must be manually calculated and adjusted at origination.

⁶Paper Statement Fee will be waived for members age 65+ or under age 18.

⁷NSF/Courtesy Pay Fee will charge to the member’s account and then refund with a comment indicating “WAIVED”.

⁸Active Rewards Checking is defined as 12 debit card transactions, enrolled in e-statements, and one direct deposit, ACH draft, or Bill Payment in a monthly cycle.

⁹Active Checking is defined as five (5) debit card transactions and one direct deposit in a monthly cycle.

¹⁰Active Checking is defined as five (5) debit card transactions and one direct deposit in a monthly cycle.

Note: New HELOC Closing Bonus will be credited to the eligible member’s account within 30 days after the loan is originated.

Elite Promo Disclosures:

This promotion only applies to new CTFCU members who open a new credit union membership between June 1, 2023, and August 31, 2023. All new members who join the credit union during the promotional period will be automatically enrolled in the Member Rewards program at an “Elite” relationship level for one year. After this initial one-year period expires, the Member Rewards level will automatically adjust to the relationship level matching the membership account activity. The following accounts and situations are excluded from this promotion: Minor, Representative Payee, Trust, Commercial, or Estate Accounts.

Courtesy Pay Disclosures

General Disclosures