Services

BenchSmart Federal Credit Union offers an ever-expanding range of new products and services for the convenience of our members.

Loans | Savings | Checking | IRAs | Extras

LOANS

Everyone on occasion has a good reason to obtain a loan. Your Credit Union lends money for just about any reason you can imagine at constant loan rates. That’s why BenchSmart Federal Credit Union is the first place you should consider when your reason for borrowing arises.

Types of Loans Offered

Loans are readily available at your Credit Union. This is a complete list of the types of loans your credit union offers:


  • Autos (new and used)

  • Home Appliances
  • Furniture
  • Signature

  • Recreational Vehicles

  • Campers
  • Shared-secured
  • Farm Equipment

  • Acreage

Loan Interest Rates

The interest rates charged depend upon the type of loan and collateral.

Credit Life Insurance and Credit Disability

Loan protection through Credit Life Insurance is provided at a small additional cost to cancel your loan at death. Credit Disability is also provided at a small additional cost to make your payment if disabled over 30 days.

 

SAVINGS

We have a savings plan to assist you in achieving your financial goals. No matter what your savings needs may be, visit your credit union today. We can help YOU! The following is a complete list of savings accounts offered:

Premiere Savings Accounts
• No minimum deposit
• Rates determined by amount on deposit, and subject to change quarterly
• Dividends compounded quarterly

Christmas Club Accounts
• No minimum deposit
• Earn dividends while you save
• Checks mailed the first week in November
• Dividends compounded quarterly

Vacation Club Accounts
• No minimum deposit
• Rates determined by amount on deposit, and subject to change quarterly
• Dividends compounded quarterly

Certificates
• $500 minimum, no maximum
• Rates determined by length of investment
• Dividends compounded quarterly

Certificates are available in a variety of terms to meet your needs.

MoneySmart Money Market
• $2,500 minimum, no maximum
• A savings account with the flexibility of a checking account
• Dividends compounded monthly

Guaranteed Savings
All savings are insured to at least $250,000 by the National Credit Union Administration, an agency of the Federal Government. The National Credit Union Share Insurance Fund (NCUSIF) insures Credit Union deposits in the same fashion as does the FDIC.

 

CHECKING

We can help you meet your checking account expectations. As a credit union member, you receive the following:

• Unlimited check writing privileges 
• ATM card for access to all CIRRUS ATM machines 
• Debit card for use anywhere MasterCard is accepted 
• Direct deposit of Social Security, retirement, payroll checks, etc. 
• Overdraft protection available
• Bill Pay

 

IRAs

The Credit Union has a retirement plan for you. By direct transfer or monthly deposits, we can create an investment that is just right for you. You can feel comfortable knowing your investment is being handled with care, while allowing you to earn the maximum amount of dividends.

IRA Certificates
  • $500 minimum, no maximum
  • Rates determined by length of investment
  • Dividends compounded quarterly
  • Available in a variety of terms to meet your needs.

IRA Club Accounts
  • No minimum deposit
  • Dividends compounded quarterly

 

EXTRAS

Direct Deposit
Members’ deposits are immediately deposited into their checking or savings account upon its receipt. Many types of checks can be directly deposited, including payroll checks, Social Security, Retirement, etc.

Voice Response
As a member, you can access your account 24 hours a day, 7 days a week with voice response. All you have to do is call 1-800-910-4823. There will be no fee charged for this service. You can inquire about your accounts, transfer funds between your checking and savings accounts, and request withdrawals from your account.

Home Banking
Access to your accounts 24 hours a day, 7 days a week. All you have to do is log-on at www.benchsmartfcu.com. There will be no fee charged for this service. You can inquire about your accounts and transfer funds between your accounts.

ATM
We currently have two ATM machines. One located at the main office and the other in the plant at Terra Industries. These machines provide access to your accounts—both savings and checking. The Credit Union is a member of the CIRRUS Network, a network which links automated teller machines across the USA, providing you access to your credit union accounts when you are away from home. BenchSmart Federal Credit Union cards provide easy access to funds at any time.

Visa Gift Cards
When it comes to that hard-to-buy-for friend or relative, Visa Gift Cards are magical. They’re the convenient, simple choice for busy shoppers. Whether it’s a holiday, a birthday, a wedding, or any occasion—for young or old or in between—a Gift Card is just the trick! They’re safer than cash, easy to use, and can be used anywhere Visa® debit cards are accepted. With our Gift Cards, your gift giving worries will disappear! Experience the magic of a Gift Card.

Money Orders

Notary Service