Healthy Financial Habits

Starter Credit Card. Get up to $40 in cash back your first year by completing these two offers: Pay Your Bill Cash Back Offer and Credit 101 Trivia Game Cash Back Offer. Pay Your Bill Cash Back Offer. Offer valid for members or applicants that qualify for membership and open a new Starter Card account (subject to credit approval) using promo code Credit101. Upon opening the Starter Card account with promo code Credit101, you can earn $5 a month and up to $30 max, for on-time monthly payments made in your first 6 billing cycles. To qualify for the $5 credit, the payment must be made by the payment due date shown on your billing statement and must be greater than $0 and greater than or equal to the minimum payment due on your account. Each $5 credit, up to $30 max, will be deposited into your membership Savings account within 60 days of the on-time payment. You must be in good standing with the Credit Union at the time of the $5 deposit. Offer ends 12/31/2023 and is subject to change without notice. Limit six $5 deposits (max $30) per member and per qualifying Starter Card account. The $5 credits may be subject to IRS tax reporting. Credit 101 Trivia Game Cash Back Offer. Offer valid for members or applicants that qualify for membership and open a new Starter Card account (subject to credit approval) using promo code Credit101. Upon opening the Starter Card with promo code Credit101, you will receive instruction for completing CommunityAmerica’s Credit 101 quiz via your mobile phone. Standard text messaging rates and data charges may apply. To qualify for the $10 credit, you must complete the Credit 101 trivia game and be in good standing with the Credit Union at the time of the $10 deposit. The $10 credit will be deposited into your membership Savings account within 60 days of account opening if qualifications are met. Offer ends 12/31/2023 and is subject to change without notice. Limit one $10 deposit per member. $10 credit may be subject to IRS tax reporting.

APR (Annual Percentage Rate). Loan approval and APR based on creditworthiness, payment method, length of loan term, ability to repay, and amount of loan, in addition to other conditions listed below and in the account agreement. As of 04/01/2023, loan rate is 3.99% APR and is subject to change without notice. As of 04/01/2022,  the APY (Annual Percentage Yield) of the share savings account is .03% APY on balances up to $49,999.99 and .05% APY on balances of $50,000 and higher and is subject to change without notice. Minimum balance to open savings account is $1. Fees may reduce earnings on the account. After successful repayment of the loan, the balance on hold in the share savings account (which includes the interest earned minus loan interest) will be disbursed to the borrower. After 25 days delinquent the ScoreMore Loan will automatically close and the funds in the pledged account will be applied to settle the loan. Claims of “building credit”, “boosting credit”, “improving credit”, “increases credit scores by 60 points on average”, and “increases savings balance by $253 on average” are based on a CFPB study titled “Targeting Credit Builder Loans: Insights from a Credit Builder Loan Evaluation” (July 13-17, 2020). Not all borrowers will experience these benefits, some may not experience any of these benefits, and some borrowers may experience a lower credit score, depending on each individual borrower’s unique circumstances.