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MVP Rewards
Reward Program
MVP Rewards
At MGEFCU we want to "cheer" you on to run the bases and receive the rewards for scoring points with our credit union family. The more services you use with us, the more rewards you'll receive!
Your credit union would like to reward the members who are loyal & use the various services we offer. The credit union staff is dedicated to coaching you onto the next base so you can receive more free services than ever before.
Credit union accounts will be scored on the last day of the month and rewards are computed for the following month (see the rewards chart).
When you receive your statement it will show which base you are on and the total points you scored for the previous month.
We will have specials from time to time that will be listed in our newsletter for our "Heavy Hitters!"
Positions
First Base - Requires 0-100 Points*:
- Free Audio Response
- Free PC Home Banking
- Free Notary Service
- First 50 Checks Free With New Checking Account
- Unlimited Free ATM Services At Our ATM
- 3 Free Deposits At Other ATMs Per Month
- 3 Free Withdrawals At Other ATM's Per Month
- 4 Free Cashiers Checks Per Month
- 4 Free Phone Transfers Per Month
Third Base - Requires 220-399 Points*:
- Free Audio Response
- Free PC Home Banking
- Free Notary Service
- First 50 Checks Free With New Checking Account
- Unlimited Free ATM Services At Our ATM
- 6 Free Deposits At Other ATMs Per Month
- 6 Free Withdrawals At Other ATMs Per Month
- 4 Free Cashiers Checks Per Month
- No Check Cashing Fee
- 1 Free Sheet of Temporary Checks Per Month
- No Check Holds
- No ATM Holds
- 4 Free Phone Transfers Per Month
*Must Qualify For Services
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Second Base - Requires 101-219 Points*:
- Free Audio Response
- Free PC Home Banking
- Free Notary Service
- First 50 Checks Free With New Checking Account
- Unlimited Free ATM Services At Our ATM
- 6 Free Deposits At Other ATMs Per Month
- 6 Free Withdrawals At Other ATMs Per Month
- 4 Free Cashiers Checks Per Month
- 4 Free Phone Transfers Per Month
Home Run - Requires 400 + Points*:
- Free Audio Response
- Free PC Home Banking
- Free Notary Service
- Free Read Outs
- Free Cashiers Checks
- Free Money Orders
- Free Travelers Checks
- First 50 Checks Free With New Checking Account
- Unlimited Free ATM Services At Our ATM
- 6 Free Deposits At Other ATMs Per Month
- 6 Free Withdrawals At Other ATMs Per Month
- No Check Cashing Fee
- 1 Free Sheet of Temporary Checks Per Month
- No Check Holds
- No ATM Holds
- Free Phone Transfers
- Save $5.00 On Wire Transfers
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Score Card
| Service Used |
Point Value
|
| Checking |
75 |
| Sub Share Accounts |
25 |
| Share Certificate |
50 |
| IRA and/or IRA Share Certificate |
50 |
| Hi Yield Account |
50 |
| Negative Balance In Share Account |
-150 |
| Aggregate Share Account Balances Of: |
|
| |
100-2,000 |
50 |
| |
2,001-10,000 |
75 |
| |
10,001-75,000 |
100 |
| |
75,001 + |
200 |
| Home Equity Loan |
100 |
| All Other Loans |
75 |
| Delinquent 60 Days or More |
-200 |
| Aggregate Loan Balances Of: |
|
| |
1,000-5,000 |
25 |
| |
5,001-10,000 |
50 |
| |
10,001-25,000 |
75 |
| |
25,001 + |
100 |
| Mortgage &/or VISA |
150 |
| ATM-Active |
50 |
| Debit Card-Active |
50 |
| Audio Response-Active |
50 |
| PC Home Banking-Active |
50 |
| Payroll Deposit of at Least $300.00 per Month |
75 |
| ACH Deposit of at Least $300.00 per Month |
75 |
| Loan Payments AFT Transfer-Active |
75 |
| Share to Share AFT Transfers |
25 |