Services

Membership at Badlands FCU begins when you open a share account. The basic share account is also the ownership you have in the Credit Union.

Opening a minimum $25.00 share account offers full membership privileges and qualifies you for all Credit Union services. All regular share accounts receive competitive monthly dividends.

Share account holders can choose to receive an ATM card that gives them 24/7 access to the funds maintained in their share account.

Share accounts will receive a quarterly statement detailing the previous 3 months’ worth of activity on the account. The statements will listed detailed information on all transactions and account balances.

The dividend rate is determined monthly by the Credit Union Board of Directors and is subject to change.

In order to open a club account, you must first have a share account. You can open club accounts to help keep money separate for certain uses.

There is no minimum amount needed to maintain a club account. All club accounts receive monthly dividends.

The dividend rate is determined monthly by the Credit Union Board of Directors and is subject to change.

Join the Christmas Club program which begins November 1st each year and earns a monthly dividend. Deposits can be made by check, cash, or payroll deduction.

You can add to the account at any time during the year. No withdrawals will be allowed on this club account prior to the November 1st disbursement. Funds are disbursed to your share account on November 1st each year and you will be contacted at this time to see if you are still interested in continuing in the Christmas Club program.

This club account is intended for the purpose of saving for Christmas. It shall not be used in the place of a share account or certificate of deposit account for a higher interest rate.

Share certificates are similar to bank's Certificates of Deposits (CD's). If you want higher dividend rates and do not need immediate access to your funds then Share Certificates are for you.

The minimum balance to open a certificate account is $1,000. We offer two different terms: 6 months and 12 months. Dividends are applied at the maturity of the certificate.

There is a penalty for early withdrawal of a certificate. If you choose to break a 6 month term early there is a 90 day interest penalty and if you choose to break a 12 month term early there is a 180 day interest penalty.

If you currently have a High Deductible Health Plan, you can choose to open a Health Savings Account. This account gives you the ability to set money aside to be used to help pay for medical expenses. The money you deposit in this account each year can be used as a tax deduction each year and will not be taxed if the money was used to pay qualified medical expenses. A Health Savings Account will earn a monthly dividend.

The Credit Union is not responsible for determining if you have a High Deductible Health Plan or what a qualified medical expense is.

The dividend rate is determined monthly by the Credit Union Board of Directors and is subject to change.

We offer 4 different share draft (checking) accounts:

• Regular Draft - $100 minimum balance is required in order to avoid a $5 per month service charge.
• Student Draft (for those members under 18) – No minimum balance is required.
• Senior Draft (for those members 55 and better) – No minimum balance is required.
• Business Draft - $100 minimum balance is required in order to avoid a $5 per month service charge.

All share draft accounts will receive a monthly statement detailing the months’ activity. The statement will list detailed information on all transactions and account balances.

Overdraft Protection is available for qualified members in two different forms. Members can opt to have one, both, or none of the offered Overdraft Protection forms.

1. Members can attach a share, share draft, or club account to their main share draft account as Overdraft Protection. In the event that an item tries to post to your account and you are short of funds, the amounts of funds need to let the item clear would be transferred from the account(s) of your choosing to allow the item to post.
2. Members whose accounts have been opened for at least 90 days and are in good standing with the credit union will automatically be enrolled in Courtesy Pay. We will pay items presented against your account up to a negative $500.00. There is a $25.00 per item charge for this service.

Share draft account holders can choose to receive a VISA Check/Cash Card giving them 24/7 access to their funds.

We offer loans on new and used vehicles at a variety of terms and rates. We will not Loan money out on a vehicle over 20 years of age unless it is a classic restored vehicle.

In some cases we will loan up to 120% of the value of the vehicle.

Funds from a new or used vehicle loan can be used for purchasing a vehicle along with numerous other reason. Come down today and speak with a loan officer for more detailed information.

Pay a bill, take a vacation, we offer unsecured personal loans to be used for various uses. These loans don’t require any kind of collateral, your signature is the guarantee of repayment.

Medical bills, taxes, credit card debt, all are reason to take out a debt consolidation loan. Combine several bills into one low monthly payment, usually at a lower interest rate than your current debt.

Want a new boat, RV/5th Wheel/Camper, 4-Wheeler, or side by side? Come see us today for a recreational vehicle loan.

Take out a loan by using the available balance in your share account or share certificate.

Share secured loans typically mean a low, low interest rate as we have the guaranteed loans on hold to pay back the loan if necessary.

Use the equity that has built up in your home to obtain a Home Equity Line of Credit. The funds can be used to help remodel your house, put in a furnace, reside your home, or even for debt consolidation.

Direct Deposit trims your To-Do list. We are a nation 'on the go'. There’s work time, fitness time, child time, spouse time, parent time, friend time, and if you are lucky, some quiet time. Even retirees say, "I've never been busier in my life."

Wouldn't it be nice to worry about one less things? Try Direct Deposit. With Direct Deposit you authorize your employer or federal agency, like Social Security Administration, to deposit your check directly into your Credit Union account. You can count on access to your funds without visiting the Credit Union. Instead of a check, you receive a paper record of the transaction. Employers, for example, provide an earnings statement on payday showing net deposit and how much was withheld for taxes or any other withheld amounts.

Direct Deposit delivers Internal Revenue Service tax refunds to accounts of both electronic and non-electronic tax filers. To cut at least a week off your refund time, request Direct Deposit by using your Credit Union routing and transit number (292977200), your account number and type of account where indicated. No matter where your check is coming from, Direct Deposit takes the worry out of:

• Stolen or misplaced check. Direct Deposit eliminates those risks.
• Delayed deposits. Your funds are deposited regularly and on time.
• Losing potential dividends. With Direct Deposit you earn dividends on funds as soon as possible.
• Waiting in long lines to make a deposit.

Take advantage of the convenience and security of Direct Deposit.

Our 24 hour a day Online Banking systems gives you free access via a computer or smartphone to your account even when we are closed.

With this service you can:

• Check account balances
• Review items posted to your account
• View copies of checks that have posted to your account
• Transfer money between shares and drafts
• Make loan payments
• Receive monthly paperless e-statements

Take the hassle out of paying your monthly bills. Sign up for Online Bill Pay today. From the comfort of your home, you can schedule monthly bill payments to come directly out of your account. You have the ability to say what day and how much you want applied to your bill. No more worrying about a check getting lost in the mail or your payment being late.

You can set up a recurring bill if you pay the same amount to one company every month or log in on paydays and make your monthly, weekly, bi-monthly, or bi-weekly payments. The funds will be withdrawn from your account on the date you specify and will either be electronically sent to your creditor or a check will be processed out of our service center and mailed to your creditor.

All you need in order to set up Online Bill Pay is a copy of your current bill with your account number and the creditors name and address.

There is a flat $5.00 per month fee for Online Bill Pay and this gives you unlimited transactions. Sign up today.

The Visa Check/Cash Card from Badlands Federal Credit Union works like a check, only better. Your card is accepted anywhere VISA is accepted and don’t have the hassle or writing a check. You can use it worldwide at any ATM for a small fee at the ATM. All of your purchases and withdrawals are automatically deducted from your Badlands FCU Share Draft (Checking) Account. The VISA Check/Cash also doubles as your ATM card allowing you to access funds from your share or share draft account with just one card.

With a VISA Check/Cash Card you will enjoy:

• More widely accepted than paper checks
• Pay-at-the pump or swipe at a grocery store
• Choose your own PIN (Personal Identification Number)
• Accepted at thousands of ATMs worldwide
• No-fee cash back on purchases at participating merchants
• 24/7 access to your funds

The ATM card from Badlands Federal Credit Union gives you 24/7 access to cash from your share or share draft account at thousands of ATMs worldwide. Your withdrawals are automatically deducted from your share or share draft account.

You have the ability to choose your own PIN (Personal Identification Number).

Our 24 hour a day Telephone Banking is a free service that provides access to your account even when we’re closed. The number is 406-377-1770.

With this service you can:

• Receive account balances
• Review cleared share drafts
• Transfer between shares and drafts
• Make loan payments

Be sure and check it out.

Overdraft Protection is available for qualified members in two different forms. Members can opt to have one, both, or none of the offered Overdraft Protection forms.

1. Members can attach a share, share draft, or club account to their main share draft account as Overdraft Protection. In the event that an item tries to post to your account and you are short of funds, the amounts of funds need to let the item clear would be transferred from the account(s) of your choosing to allow the item to post.
2. Members whose accounts have been opened for at least 90 days and are in good standing with the credit union will automatically be enrolled in Courtesy Pay. We will pay items presented against your account up to a negative $500.00. There is a $25.00 per item charge for this service. Once Courtesy Pay has been utilized on your account, you have 15 days in which to bring your account back to a positive balance or you will lose access to Courtesy Pay and have to start the qualifying period all over again.

You have the ability to set up or remove either of these programs at any time as long as your account has been opened at least 90 days for Courtesy Pay and is currently in good standing with the credit union.