What's New at AACFCU

Regulation D
An important Transaction Reminder:

Certain accounts at all financial institutions are affected by the Federal Reserve Board’s Regulation D. At Army Aviation Center Federal Credit Union, these accounts are the Savings Accounts, Money Market Accounts Christmas Club Accounts. (Transactions from AACFCU Checking Accounts are NOT limited by this regulation. The limitation does not apply to in-person transfers, ATM transfers or pre-authorized payments to a loan at the same credit union. Pursuant to Regulation D, electronic transfers from these Saving Accounts are limited to no more than six per calendar month. This includes transfers caused by overdrafts on your account. No more than three of these six may be made by check or draft to a third party. If you exceed these limitations, even though there is money in your Savings Account, the transfer will not take place. This can result in fees being imposed and exceeding these Regulation D limitations may cause your account to be closed. <Learn more>

NCUA IRA Coverage

Effective April 1, 2006, Traditional and Roth Individual Retirement Accounts (IRAs) are insured up to $250,000 by the National Credit Union Administration, an agency of the U.S. Government. This IRA coverage is in addition to the $100,000 coverage for other non-retirement accounts you have with us.

Internet / E-mail Fraud Alert

Recently, there have been multiple e-mail fraud attempts, known as "Phishing", that were sent to some credit unions members that appeared to be from the National Credit Union Administration (NCUA) or Credit Union National Association (CUNA). This false e-mail asked for the recipient to click on a link to verify their credit union account registration. If the recipient proceeded to do so, the link directed them to a false website and asked for their credit union account number and PIN, along with other personal information. The false email indicates that the senders have limited access to your account. No one has limited access to your account.

Neither NCUA, CUNA, nor Army Aviation Center Federal Credit Union asks credit union members for such personal information via e-mail. If you receive an e-mail that purports to be from NCUA, CUNA, or Army Aviation Center Federal Credit Union and asks for account information you should consider it to be fraudulent, and you should NOT follow the instructions in the e-mail.

If you responded to such an e-mail and provided any confidential account information, please notify Army Aviation Center Federal Credit Union immediately at 1-800-448-4096.

Overdraft Privilege

For everyone that is a MAIN Member on MORE than one Share Draft(Checking) Account at AACFCU, who qualifies for the new Overdraft Privilege Program, please note that only ONE Share Draft(Checking) Account per Main Member's SSN is eligible.

{In other words, you can only have Overdraft Privilege on ONE Share Draft(Checking) Account in which you are the Main Member.}

If you are the Main Member on more than one Share Draft(Checking) Account, please call (334) 598-4411 or 1-800-448-4096 and Amanda @ x 1270 or Pam @ x 1267 and let them know which (one) Share Draft(Checking) Account you want to keep Overdraft Privilege on.

*If you are the Main Member on only ONE Share Draft(Checking) Account at AACFCU, disregard this notice.

NOTE - this is not referencing the Overdrafts from Savings, Money Market Access and/or Line of Credit's.

Free Internet Bill-payer

Get free bill-payer now when you sign up for direct deposit.
*Bill-payer is not available on business accounts or doing business as accounts (DBA).

Loan Service Available

Speak with a loan representative 24 hours a day, seven days a week. An AACFCU loan rep can still be reached from 8:30 a.m. until 5:00 p.m. CST Monday through Friday by calling (334) 598-4411 or 1-800-448-4096, option 2.