News & Promotions
Your Money Is Safe With Us
Your money is safe with us! While many financial institutions face problems in this uncertain economy, credit unions including Cecil County School Employees FCU, remain healthy. Prudent underwriting practices have spared us the troubles that have beset other institutions. Nonetheless, individual members of the credit union are having troubles of their own. We're helping them find a way out of their
present difficulties and stand ready to work with you too if the need arises. Deposits at the credit union remain as safe as ever. Unlike the money entrusted to many financial services companies, deposits to credit unions are federally insured by the National Credit Union
Administration (NCUA) up to $250,000. IRAs are also insured up to $250,000.
We’re committed to serving you as long as you give us the opportunity to do
so. So don’t worry. We’re not going anywhere. If you have questions about
the safety of your money, please call a CCSEFCU member services
NCUA Electronic Tool Kit
The NCUA electronic tool kit contains a variety of useful information on share insurance coverage to use and disseminate, including:
- Insurance estimator enables calculating an estimate of share insurance coverage;
- Your Insured Funds brochure details insurance coverage, with many examples;
- How Your Accounts Are Federally Insured brochure provides basic insurance information;
- Special Bulletin explains increased retirement account coverage in addition to basic insurance protection;
- Letter to Credit Unions 08-CU-18, Educating Members on Share Insurance Coverage.
CCSEFCU is pleased to
introduce DebitPass – a new
product now available for our
Members. DebitPass is a
prepaid MasterCard debit card
that is re-loadable. Money is
placed on the DebitPass card
(in advance) from a variety of sources, and then the card can
be used to make purchases wherever MasterCard is accepted,
including cash withdrawals at just about any ATM worldwide.
Why DebitPass? There are many ways you and/or a family
member can benefit from a DebitPass card:
- Travel – load your card before a trip
- Dependents – get additional cards for college students and teens
and transfer money instantly for expenses and/or allowance
- Budgeting – use DebitPass to set aside your spending money
- Cash Wages – if you are paid by cash, put it on your
DebitPass card for safety and convenience
- Internet Shopping – perfect for setting aside just those
funds you want to use for online shopping without having to
use credit or putting other funds at risk.
Several options are available for funding your DebitPass card.
- Direct deposit through payroll
- Cash deposits
- Transferring funds from your credit union share account
either by the phone or over the Internet.
- You can even set up regular transfer intervals
Whatever funding method you choose, using the card is just
like using any other MasterCard debit card. The only
difference is that you decide how much or how little you
want to fund to the card and how often you want to fund it.
If you need more information or wish to enroll yourself or a
family member, please visit the credit union at any time.
Cards are $4.00 each and will be mailed within 48 hours of
receiving your enrollment form.
Cecil County Public School Students Now Eligible for Membership!
Cecil County Schools Employees’ Federal Credit Union has been serving Cecil County school employees and their families since 1953. We are delighted to announce that students in the public school system in Cecil County are now eligible to join.
Take advantage by opening a savings account and learning about personal finances. For more information call the credit union at 410.398.6921.
Protect Yourself From Phishing Scams
Phishing is a new type of identity theft that
occurs online. Phishers send emails that appear to
come from reputable sources, such as financial institutions
or credit card companies. They tell you to click on an icon
or link to be directed to the institution’s website.
The phony webpage or pop-up window directs you to type in
personal information, such as your account number, password
or Social Security number. If you provide this information,
it goes directly to the crooks—not to the company
with whom you transact business.
here for more information on phishing.