Superior Iron Range Community Federal Credit Union (SIRCFCU) offers a wide variety of products and services to our members, including the following:
Savings Bonds
SIRCFCU can order and cash US Savings Bonds. To order series EE or I Savings Bonds in person at any of our four convenient locations, please have the personal information you would like included on the bond, including the owner's name, address and social security number. A beneficiary or co-owner should also be named on the bond; a beneficiary can cash a bond only if the owner is deceased; whereas a co-owner can cash the bond as long as it has been purchased at least a year prior to the current date. For more information on Series EE or I US Savings Bonds, including a current value calculation, go to: http://www.publicdebt.treas.gov/
Travelers Cheques
SIRCFCU offers American Express Travelers Cheques in a variety of denominations. Travelers Cheques provide the convenience of cash with the security of checks when you travel. The purchaser signs the cheques when they are purchased, and countersigns them when cashing at most Credit Unions, restaurants, hotels, gas stations or banks.To learn more about American Express Travelers Cheques, or to report lost or stolen cheques, please refer to the following links:
Share Draft Accounts
Credit Unions and Banks vary in many ways, the most obvious being in our terminology. What banks call a checking account, Credit Unions call Share Draft accounts. SIRCFCU does not charge monthly service or per-check fees. We think you will be happy with one of the following accounts.
- Regular Share Draft
- Features
- Overdraft Protection from your Share Deposit account or your Overdraft Line-of-Credit.
- Courtesy call on overdrafts not covered by overdraft protection; $20.00 per draft.
- This account can be accessed via Audi (telephone), Debit/ATM card, and Net Branch (online).
- Requirements
- $10.00 Returned Draft fee if not covered by a deposit by 10:00 am on the next business day.
- Regular Share Draft Accounts are available to all members over the age of 18 (16 with a parent as joint owner/ responsible party).
- Prime Time Share Draft
- Features
- Overdraft Protection from your Share Deposit account or your Overdraft Line-of-Credit.
- Courtesy call on overdrafts not covered by overdraft protection; $20.00 per draft.
- This account can be accessed via Audi (telephone), Debit/ATM card, and Net Branch (online).
- Requirements
- $10.00 Returned Draft fee if not covered by a deposit by 10:00 am on the next business day.
- Discounted Money Orders
- Free Travelers Cheques
- Prime Time Share Draft Accounts are available to Members age 55 or older
- "Teen Freedom" Share Draft
- Features
- Young members, ages 13 through 18, qualify for this type of share draft account (with a parent as joint owner/ responsible party).
- Services available with this account are (low limit) debit cards, online banking/Net Branch, I-Pay bill payment service, free financial counseling, and the potential for small "starter" loans, with approval
- Overdraft Protection from your Share Deposit account.
- Courtesy call on overdrafts not covered by overdraft protection; $20.00 per draft.
- This account can be accessed via Audi (telephone), Debit/ATM card, and Net Branch (online).
- Discounted Share Drafts (checks)
- Requirements
- $10.00 Returned Draft fee if not covered by a deposit by 10:00 am on the next business day.
- A parent is required to sign onto this account with the minor, and is expected to help create strong financial habits with the member. The parent must agree to take full responsibility for any losses the account incurs by this minor.
- Business/ Organization Share Draft
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- Features
- Overdraft Protection from your Share Deposit account or your Overdraft Line-of-Credit.
- Courtesy call on overdrafts not covered by overdraft protection; $20.00 per draft.
- This account can be accessed via Audi (telephone), Debit/ATM card, and Net Branch (online).
- Requirements
- $10.00 Returned Draft fee if not covered by a deposit by 10:00 am on the next business day.
- $10.00 Returned Deposit Fee
- Business/ Organization Share Draft Accounts are available to all Member Businesses and Organizations.
- Dividend Earning Business/ Organization Share Draft
- Features
- Overdraft Protection from your Share Deposit account or your Overdraft Line-of-Credit.
- Courtesy call on overdrafts not covered by overdraft protection; $20.00 per draft.
- This account can be accessed via Audi (telephone), Debit/ATM card, and Net Branch (online).
- Earns Dividends on accounts with a average daily balance of $25,000 or more.
- Requirements
- $10.00 Returned Draft fee if not covered by a deposit by 10:00 am on the next business day.
- $10.00 Returned Deposit Fee
- Available to Member Businesses/ Organizations that carry a high balance in their Share Draft account (over $25,000). See a Member Service Representative for details.
Share Deposit Accounts
Credit Unions and Banks vary in many ways, the most obvious is our terminology. What banks call a savings account, Credit Unions call Share Deposit accounts. SIRCFCU does not charge monthly service fees. We think you will be happy with one of the following accounts.
- Member Share Deposit
- Features
- Balance of $100 or more allows free check cashing.
- Requirements
- This is the basic account necessary to become a member of SIRCFCU.
- $5.00 Minimum Balance.
- Eager Beaver Share Deposit
- Features
- End of year Drawing from deposit coupons for US Bonds, and other prizes.
- Earns same dividend rate as Member Share Deposit Account.
- 5% Bonus paid on end of year balance if a minimum monthly deposit of $1.00 is maintained.
- Requirements
- Primary Member must be 18 years of age or younger.
- Christmas Club Share Deposit
- Features
- No minimum to start.
- Earns same dividend rate as Member Share Deposit Account.
- Requirements
- May be opened from October through April.
- Sweeps to Share Draft or Share Deposit Account in October
- If this account is closed by the member before the sweep date, it may not be re-opened until the following Christmas Club season.
- Vacation Club Share Deposit
- Features
- No minimum to start.
- This account does not sweep.
- Earns same dividend rate as Member Share Deposit Account.
- Requirements
- Members may open or close this account at any time.
- Does not provide Overdraft Protection to Share Draft Account
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