5News and Updates
Weather Update: Sunday, October 4, 9:30 p.m.
Due to the continued flooding concerns, our North Charleston and Columbia branches will be closed Monday, October 5. All other offices will operate under normal schedules. Be safe and heed alerts. Our thoughts and prayers are with all staff, members, and others affected by this historic storm.
Fall 2015 Newsletter
Highlights of your Fall 2015 Newsletter include ... First Mortgage $500 Gift Card promotion ^, Home Equity Loan specials+, Refinancing Tips, Get Social, Credit Union Day, and the latest from Carolinas Telco Capital Advisors. Fall 2015 Newsletter
First Mortgage Refinancing Tips
With our $500 Gift Card^ promotion going on, this may be a good time to revisit your financial goals and figure out what kind of mortgage suits your financial future. Here are a couple of questions to help you figure out if a new mortgage is for you: Refinancing Tips.
It is true that refinancing can help you pay off your loan faster, significantly reduce monthly expenses, or both. But you do have to take the first steps. Call us at 1-800-622-5305 or come into your local credit union branch for more information.
First-Time Homebuyer Program
This loan has our lowest down payment requirement, with up to 95% financing available for qualified borrowers, and no PMI (Private Mortgage Insurance) is required. The rate and terms you receive may vary, based on factors such as individual credit worthiness and loan to value. Click for details.
Race to Save Rates As Low As ... *
Prime Share Savings
48 Month Certificate
On balances up to
ATM Refunds up to
Mortgage Rates As Low As ... *
Membership at Carolinas Telco FCU is open to Telecommunications workers of North Carolina and South Carolina and their families. Become a member today.
+The rates appearing here are accurate as of the effective date: October 2, 2015. Home Equity Loan rates are subject to change without notice. Please call your local branch or 800-622-5305 for current rates. All services, such as loans, credit cards and checking accounts, are subject to approval. Your interest rate will range from Prime [3.25% APR] to Prime [3.25% APR] plus 2.5, based on your approved credit and loan to value of your home. The maximum ANNUAL PERCENTAGE RATE that can apply is 18%. Your rate will be determined on the date of approval. The annual percentage rate can change quarterly on the first day of January, April, July, and October. There is no limit on the amount by which the annual percentage rate can change during any one-year period. Not all borrowers will qualify for up to 90% of the appraised value. Home Equity Loans are only available for homes in North Carolina or South Carolina. The initial discounted rate of 1.99% APR will be in effect for 3 months and will be disclosed on the Home Equity Addendum. ++ Reimbursed Closing Costs will be processed on an individual basis. Because these costs are associated with a home equity, the reimbursement will at least be after the three day right of rescission has expired. If home equity is cancelled before then, the reimbursement will not occur. Reimbursement will occur within 30 days, pending the disclosure of the total closing costs from the member’s attorney’s office after closing.
*** Member Referral: For new members that join Carolinas Telco, the referrer is eligible for a $25 Referral Credit. The new member must open an account with a minimum $25 deposit. Fora referral to qualify, the new account must be open for 30 days and both members’ Regular Share Accounts must be open with a $25 minimum balance, and must be in good standing. Account must remain open for 30 days then a $25 Referral Credit will post to the referrer's 001Prime Share Savings Account within 10 business days. Only one $25 Referral Credit can be rewarded to a referrer for a single account opened, so in the event that more than one individual claims to have referred, the first individual that responds will be entitled to the credit. Either the new member or the referrer must notify the credit union of the referral. If a member is able to assist us with arranging an on-site visit with their telecommunications employer, member may earn rewards, but would not be eligible to earn a prize for referring accounts opened during the on-site visit. Promotion is subject to end at credit union discretion. Employees, officials, and volunteers of Carolinas Telco, and their immediate family, are not eligible. Terms last updated on 10/1/2015.