Disclosures

Membership, accounts, and loans are subject to credit union approval, and loans must meet certain underwriting requirements.

Please see our Fee Schedule for details. Fees subject to change.

A recurring fee will apply if you choose to receive an account statement in paper form; refer to the Fee Schedule for details. To avoid the paper statement fee, log in to Digital Banking to change your statement preference to eStatements.

To qualify, new member referrals must open a new qualifying First Service checking account and set up direct deposit. New members cannot have an open account at the time s/he is referred nor can s/he have previously been a member who closed her/his account less than 90 days before being referred. Qualifying accounts include Free Checking with Debit Rewards, High Yield Checking, and Navigator Checking. For both parties to receive the $25 reward, a minimum of at least $1,000 per month must be received by direct deposit for two consecutive months. A minimum balance of $500 must be maintained during this time period. The referral reward will be paid to both parties on the last day of the month following the one in which these criteria are met. Members are responsible for tax consequences, if any. Click here to see the current dividend rates for the qualifying accounts. Fees may reduce earnings.

APY = Annual Percentage Yield. APYs are accurate as of 5/1/2023 and subject to change. Service charges may reduce earnings.

A fee of $5.00 is assessed for each automated transfer from a savings or line of credit to cover an overdraft; refer to our Insufficient Funds and Overdrafts terms for more information.

Courtesy Pay is subject to a 30 day waiting period for new accounts and member must meet Courtesy Pay Qualifications. Opting into Courtesy Pay covers checks and ACH transactions plus one-time debit and ATM transactions. Transactions exceeding your established limit (and other types of transactions) will not be covered. After 20 days negative, any remaining Courtesy Pay limit will not be accessible and the full negative account balance must be repaid within 30 days. An NSF charge is imposed each time an item is presented against insufficient funds. The payee (or the payee’s institution) may re-present a previously returned item. Each presentment against insufficient funds will result in a separate fee charge of $30 each time First Service pays an overdraft.

Higher dividends are paid and ATM fees are refunded each month when the following monthly requirements are met: must have at least one direct deposit with a minimum of $500 and have at least 12 debit card purchases.  ATM fees are refunded up to $4 per transaction not to exceed a cumulative limit of $12 per month. A monthly fee of $4.95 will be assessed if these monthly qualifications are not met or an average daily balance of at least $1,000 is not maintained. Fees may reduce earnings.

APY = Annual Percentage Yield. APYs and terms are accurate as of 5/1/2023 and may change after account is opened. Higher dividends are paid each month when the following monthly requirements are met: must have at least one direct deposit with a minimum of $500 and have at least 12 debit card purchases. A monthly fee of $4.95 will be assessed if the monthly qualifications are not met or an average daily balance of at least $1,000 is not maintained. Fees may reduce earnings.

ATM fees are refunded when the following monthly requirements are met: must have at least one direct deposit with a minimum of $500 and have at least 12 debit card purchases. ATM fees are refunded up to $4 per transaction not to exceed a cumulative limit of $12 per month.

Account holder must pass all subjects/classes to receive Semester Earnings. Semester Earnings calculation is subject to approval. Semester Earnings will be deposited into the child’s Discovery Account. Account holders may only receive Semester Earnings once per semester. See the complete rules for more details. Offer is subject to change at any time.

No purchase necessary. Must have permission of parent or guardian if under the age of 18. All eligible automatic and manual entries, as provided in the Official Contest Rules, must be received before each January 31 for the fall semester and before each July 31 for the spring semester. By submitting an entry, you agree to be bound by the Official Rules. Offer is subject to change at any time.

APY = Annual Percentage Yield. APYs are accurate as of 5/1/2023 and subject to change. Fees may reduce earnings.

If minimum balance of $2,500 is not maintained, account may be subject to fees. Please see our Fee Schedule for details. Fees subject to change.

APY = Annual Percentage Yield. APYs are accurate as of 5/1/2023 and subject to change. Dividends are compounded and credited monthly. CDs may be subject to a penalty for early withdrawal. Fees may reduce earnings.

APY = Annual Percentage Yield. APYs are accurate as of 5/1/2023 and subject to change. Account may be subject to a penalty for early withdrawal. Fees may reduce earnings.

If a withdrawal is made before the automatic transfer, dividends accrued to the date of the withdrawal will be forfeited.

Please consult your tax advisor to determine eligibility for tax deductibility.

Please see our Electronic Funds Transfer Terms for details.

Please see our complete Truth in Savings Disclosure for more information.

APR = Annual Percentage Rate. Loans subject to credit approval. Rate may differ depending on borrower creditworthiness and underwriting factors.

APR = Annual Percentage Rate. Financing options for real estate loans vary by property and occupancy type, product selection, amount financed, repayment term, loan purpose, creditworthiness of borrower(s) and other factors and conditions. Your rate may be different than the one published in this communication.

APR = Annual Percentage Rate. Rates and terms are subject to change without prior notice; other restrictions may apply. Loans subject to credit approval. Individual rate may differ depending on borrower creditworthiness and underwriting factors. Your final APR may vary based upon customary fees and closing costs, which are treatable as interest when calculating your final APR. The payment example does not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater.

Credit approval required. Certain terms and conditions may apply. We require a valid Loan Estimate and Closing Disclosure from the competitor dated within 60 days of application in order to match or beat your qualified rate or pay you $100. For first lien mortgages only. Rate match is not available for loans currently held or serviced by First Service, reverse mortgages, home equity, investment property, home improvement, non-conforming, or lot loans. Offer cannot be combined with any other First Service offer. All loan programs, rates, terms, and conditions are subject to change at any time without notice. This offer is limited to one per application.

Please consult your tax advisor to determine eligibility for real estate tax deductions.

In accordance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, First Service Credit Union’s Nationwide Mortgage Licensing System Identification Number is NMLS ID: 411394. First Service Credit Union provides mortgage services to credit union members. Individual Mortgage Loan Officer Identification Numbers may be obtained at NMLSConsumerAccess.org

APR = Annual Percentage Rate. Loans subject to credit approval. Rates may differ depending on borrower creditworthiness and underwriting factors. Rates reflect discount of up to 80 basis points for GAP, Warranty, and all payment protection products. APR cannot be discounted below 5.79%. Vehicles more than six model years in age or with mileage 100,000 miles or more will be subject to an additional 100 basis points on the rate. Current First Service loans are not eligible for cash offers, complimentary insurance, or other promotions. Purchase of payment protection products is not required.

Terms of 72 months or higher are only available if the loan balance is at least $20,000.

Terms of 84 months or higher are only available if the loan balance is at least $35,000.

Products and services offered by Third Parties/Affiliates: Any financial, investment, warranty, credit insurance or other products/services which are provided by any third party or affiliate are not products of the Credit Union. If the purchase of the same is facilitated by or through the Credit Union financing; such is merely a convenience to the borrower(s) and in no way creates any contractual or other relationship between the borrower(s) and the Credit Union with regard to any such products. Any rights, obligations or claims with any regard to such products shall be solely and exclusively between the party providing such products as may be set forth in any applicable contracts, agreements or otherwise, and the Credit Union shall have no obligations, responsibilities, duties, or liabilities whatsoever regarding same.

APR = Annual Percentage Rate. Loans subject to credit approval. Rates may differ depending on borrower creditworthiness and underwriting factors. Rates reflect discount of 50 basis points for purchase of Guaranteed Auto Protection (GAP), and selection of payment protection. Vehicles more than six model years in age or with mileage 100,000 miles or more will be subject to an additional 100 basis points on the rate. Purchase of payment protection products is not required.

You must finance with an auto loan amount of at least $10,000 or greater to qualify for the $150 bonus cash offer. Current First Service loans are not eligible for cash offers.

Funds for furniture, appliance, and computer secured loans must be paid directly to a merchant or credit card.

APR = Annual Percentage. Subject to credit approval. Introductory rate is only valid for the first six months from the date of account opening. After that, the standard APR will be 7.99% - 18.00% depending on credit worthiness and underwriting factors. The offer is subject to change at any time and without notice. See our credit card disclosure for complete details.

Certain restrictions, limitations, and exclusions may apply. Please visit the Visa website for more details.

Please review the Higher Education Servicing Corp. Privacy Policy and FAQs for more information about the Texas Extra Credit Education Loan.

The current fixed interest rates range from 3.04% to 8.26% in effect as of 11/18/2022. The fixed interest rate and Annual Percentage Rate (APR) may be higher depending upon (1) the student’s and cosigner’s (if applicable) credit histories (2) the repayment option and loan term selected, and (3) the requested loan amount and other information provided on the online loan application. If approved, applicants will be notified of the rate qualified for within the stated range. APRs range from 2.79% (with Auto Pay Discount⁵) to 7.60%.  The APR reflects the estimated total cost of the loan, including upfront fees, accruing interest and the effect of capitalized interest.The lowest APR example assumes a $10,000 loan disbursed in a single transaction; the highest APR example assumes a $10,000 loan disbursed over two transactions. The lowest current APR, based on a 5-year repayment term (60 months), an immediate repayment plan, monthly principal and interest payments of $178.76, has a 2.79% interest rate which includes a 0.25% interest rate reduction for payments via auto pay⁵. The highest current APR, based on a 15-year repayment term (180 months), a deferred repayment plan with a deferment period of 60 months upon initial disbursement, a six-month grace period before repayment begins, monthly principal and interest payments of $139.84, has an 8.26% interest rate. The fixed interest rate assigned to a loan will never change except as required by law or if you request and qualify for the ACH reduction benefit(s) or Graduation reward. Repayment terms and options available may vary depending upon the amount borrowed.

The current variable interest rate ranges from 2.67% to 9.17%, in effect as of 4/1/2021. The applicable interest rate for each calendar quarter shall be based on the three (3) month LIBOR (London Interbank Offered Rate) as published in The Wall Street Journal on the 16th day of each December, March, June, and September and references the 3-Month LIBOR rate in effect on the 15th day of that month rounded to the nearest basis point (0.01%). The variable interest rate and Annual Percentage Rate (APR) may be higher depending upon (1) the student’s and cosigner’s (if applicable) credit histories (2) the repayment option and loan term selected, and (3) the requested loan amount and other information provided on the online loan application. The variable rate may increase or decrease if the LIBOR index changes or as required by law or if you request and qualify for the ACH reduction benefit(s) or Graduation reward. Repayment terms and options available may vary depending upon the amount borrowed. If approved, applicants will be notified of the rate qualified for within the stated range. The LIBOR index for the current calendar quarter is 0.18%. APRs range from 2.42% (with Auto Pay Discount⁶) to 8.36%. The APR reflects the estimated total cost of the loan, including upfront fees, accruing interest and the effect of capitalized interest. The low APR example assumes a $10,000 loan made in two disbursements with immediate repayment, a monthly principal and interest payment of $93.91 (there is a minimum monthly payment of $50), a 10-year repayment term (120 months), no origination fee, a 0.25% interest rate reduction for payments via auto pay⁶ and a 2.67% interest rate. The high APR example assumes a $10,000 loan made in two disbursements with full deferment while in school (up to 66 months), a monthly principal and interest payment of $152.97 (there is a minimum monthly payment of $50), a 15-year repayment term (180 months), no origination fee, and a 9.17% interest rate.

The initial credit review is based on review of all the information you and your cosigner (if applicable) provide during the application process and the information obtained from your credit report(s). If you pass the initial credit review, you will need to provide acceptable documentation such as your income verification and Applicant Self-Certification Form and we will need the certification from your school before the final loan approval.

Borrow from $1,000 to $65,000 annually (loans are certified by the school and may not exceed full cost of education minus other financial aid) - maximum aggregate loan limit is $150,000, inclusive of all student loan debt. Program loans may be used to cover educational expenses for academic periods that end up to 90 days prior to the application date.

Student borrowers who earn a bachelor’s degree or higher will receive a 0.25% interest rate reduction if (a) they have made no more than one (1) late payment (more than 10 days late) on the loan, (b) they request the benefit from the servicer within one (1) year after graduation, and (c) they provide proof of graduation to the servicer. The student must request this benefit via phone or mail and must provide either a certified copy of a diploma or a certified transcript. Upon the servicer’s review and acceptance of the student’s documentation, the servicer shall send a confirmation letter stating that the graduation benefit has been granted.

An interest rate reduction of 0.25% is available for borrowers who make monthly electronic funds transfer (EFT) payments of principal and interest from a savings or checking account. To qualify, the borrower needs to arrange with the loan servicer to automatically deduct monthly principal and interest payments from a bank account. The automatic payment benefit will discontinue and be lost for the remaining repayment period in the event any three payments are returned for insufficient funds over the life of the loan. This benefit is not available for interest payments made during the deferment period for the Interest Only Repayment option. This benefit may be terminated during deferment and forbearance periods, but can be re-established if borrower reapplies at the end of the deferment or forbearance period.

Request for the cosigner to be released can be made after the first 24 consecutive, on-time monthly payments (not later than ten days after the due date) of principal and interest have been made. At the time of request for cosigner release, the student borrower must (a) meet credit criteria in place for cosigner release, (b) be currently enrolled for automatic deduction of monthly payments from a savings or checking account at the time of the cosigner release application, and (c) must have had at least one payment deducted electronically from such bank account prior to the time of the cosigner release application. Lump sum payments will count as a single payment. If the borrower is granted a forbearance or makes a lump sum payment in excess of the monthly payment amount during the first 24 months of the Repayment Period that permits the borrower to skip one or more scheduled monthly payments, the borrower may lose the ability to qualify for the Cosigner Release Benefit.

Skip-A-Pay eligibility is subject to approval. A fee of $35 will be charged for each loan on which a payment is skipped. All loans must be current and accounts must not have a negative balance. Only two skipped payments allowed in any 12 month period. Loans must have six months payment history and must have had three consecutive monthly payments to be skipped. Account must not have been more than 30 days delinquent during the past year on any loan. Regularly scheduled payments will resume after the deferral period. Interest at the agreed rate will continue to accrue on the unpaid balance of the loan. Deferment of payment will extend the life of the loan and may cause an increase in the final payment amount that was stated on the initial loan disclosures. For auto loans with Guaranteed Asset Protection (GAP) coverage, more than two Skip-A-Pay extensions over the term of the loan may cause a deficiency balance in the event of a total loss. Excludes real estate loans, home improvement loans, home equity loans, home equity lines of credit (HELOC),Visa® credit cards, CD secured loans, and balloon payments. Commercial loans are not eligible for Skip-A-Pay.

First Service Wealth Management Financial Professionals are registered representatives of CUNA Brokerage Services, Inc. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty States of the United States of America. FR2877186.1-12119-0122.

In-branch item is defined as each debit, withdrawal, transfer, check, or cash deposit initiated at a First Service branch or CO-OP Shared Branch. Example: 1 deposit with 3 checks = 3 items. After the monthly item limit is reached, a fee of $0.25 per item will apply. Please see the Business Fee Schedule for more details.

Business Analysis Checking accounts are eligible for earnings credits, which may be used as an offset against many fees. The earnings credit rate is variable and subject to discretion. It is applied on balances above a 10% reserve requirement. The earnings credit allowance applies only to the current statement cycle. See the Business Schedule of Fees for the monthly maintenance fee and other account fees.

Remote Desktop Deposit is available for a fee of $50 per month. Please see the Business Fee Schedule for more details.

Sweep and Zero Balance Services are available for Business Edge Checking accounts for a monthly fee. Please see the Business Fee Schedule for more details.

Membership, accounts, and loans are subject to credit union and SBA approval and must meet certain underwriting requirements.

Please see our Business Service Agreement for details.

Account access at CO-OP shared branches is available after 45 days of membership. Shared ATM access is available to members immediately.

Mobile deposit feature only available to members in good standing with an open checking or savings account. Instant account credit applies to mobile check deposits of $200 or less and those that meet minimum image quality requirements. A minimum of 90 days of First Service membership is required for instant credit. Verification of mobile deposit available in History section of mobile app. See Deposit Account Contract for additional information.

Apple, the Apple logo, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc.

Google Pay, Android, and the Android Logo are trademarks of Google Inc. The Android Robot is reproduced or modified from work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.

Samsung, Samsung Pay, Galaxy S6, and Galaxy S6 Edge are registered trademarks of Samsung Electronics Co., Ltd. Screen images are simulated; actual appearance may vary. Samsung Pay is only compatible with select cards, carriers and Samsung devices; see the Samsung Pay Support page for compatibility information.

Visa’s Zero Liability policy does not apply to certain commercial card and anonymous prepaid card transactions or transactions not processed by Visa. Cardholders must use care in protecting their card and notify their issuing financial institution immediately of any unauthorized use. Contact your issuer for more detail. For more information, visit the Visa website.

Messaging frequency depends on account activity. By giving us your mobile number, you agree to text message alerts to notify you of suspected incidents of financial or identity fraud. The following carriers are participants in this program and will not charge for text message alerts: AT&T, T-Mobile, Boost, Verizon Wireless, C Spire, Virgin Mobile, and Sprint. Standard text messaging rates may apply for other carriers. Carriers may discontinue participation in this program at any time without notifying First Service Credit Union. For more information, text HELP to 32874 or call 800-678-5197. To cancel text message alerts at any time, reply STOP to 32874 from your mobile device. Alerts sent via SMS may not be delivered in certain situations; you are still responsible for monitoring your account activity and statements regularly.

VISA® is a registered trademark of Visa International Service Association. Messaging frequency depends on account activity. Standard text messaging rates may apply. For more information, text HELP to 32874 or call 800-678-5197. To cancel text message alerts at any time, reply STOP to 32874 from your mobile device. Alerts sent via SMS may not be delivered in certain situations; you are still responsible for monitoring your account activity and statements regularly.

In order to send payment requests or split payment requests to a U.S. mobile number, the mobile number must already be enrolled with Zelle^®.

Zelle^® and the Zelle^® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

U.S. checking or savings account required to use Zelle^®. Transactions between enrolled consumers typically occur in minutes and generally do not incur transaction fees.

To use Zelle^® within First Service Digital Banking, you must acknowledge that you have read and agree to the Zelle^® Service Agreement.

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

First Service Credit Union in an Equal Opportunity Employer.