Additional Services | INOVA Federal Credit Union | Elkhart, Mishawaka, Granger (2024)

Additional Services | INOVA Federal Credit Union | Elkhart, Mishawaka, Granger (1)

From Visa® card services to a wide range of in-branch teller services, we offer a comprehensive banking experience. Learn more about the additional services we offer below, and contact us or visit a branch to speak with an INOVA team member one-on-one.

{beginAccordion}

Visa Debit Cards

Shop easy with the power of Visa. Our debit card is free with any INOVA checking account and has Debit Rewards with every purchase. It’s safer than carrying cash, more convenient than checks, and you can even withdraw cash surcharge-free at thousands of ATMs across the U.S. and beyond1. Debit cards are also easily replaced if lost or stolen.

Additional benefit provided by Visa


View the Electronics Fund Transfers Agreement and Disclosure.

Visa Account Updater (VAU) Opt Out Form

1ATM transactions not made at an INOVA ATM will be charged $2.00 per transaction. There will be no fee if using an AllianceOne or CO-OP Network ATM.

Visa Reloadable Prepaid Cards

Get the buying power of Visa with the convenience of a prepaid debit card. Load your card with your own money to make purchases and pay bills anywhere Visa debit cards are accepted. You only spend the amount of money you load on it. There’s no need for a bank account, no check cashing fees, and you can track your spending online. Each card is only $2 and can be reloaded anytime.You’ll even get access to Visa’s Zero Liability1, emergency card and cash replacement2, and travel and emergency assistance3.

Get your INOVA Visa prepaid card at any of our locations, or call 800-826-5465.

To load your card online using an INOVA Visa Credit or Debit card please visit: https://www.visaprepaidprocessing.com/Inova/Reloadable/Home/Index

1Visa’s Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit www.visa.com/security.

2See terms and conditions provided with your card for types of funds accepted and for ways your card can be reloaded.

3Certain terms, conditions and exclusions apply. For details, please refer to the terms and conditions you received with your card.

Visa TravelMoney Prepaid Card

Visa TravelMoney is a prepaid card that combines the safety of travelers’ checks with the convenience of a Visa card. Get local currency at Visa ATMs around the world, set a spending limit, easily track expenses to stay within budget, and more.Each card is only $2 and can be reloaded anytime.You’ll even get access to Visa’s Zero Liability1, emergency card and cash replacement2, and travel and emergency assistance3.

Get your INOVA TravelMoney prepaid card at any of our locations, or call 800-826-5465.

To load your card online using an INOVA Visa Credit or Debit card please visit: https://www.visaprepaidprocessing.com/Inova/Reloadable/Home/Index

1Visa’s Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit www.visa.com/security.

2See terms and conditions provided with your card for types of funds accepted and for ways your card can be reloaded.

3Certain terms, conditions and exclusions apply. For details, please refer to the terms and conditions you received with your card.

Visa Gift Card

No purchase fees or activation fees! The perfect gift for friends, family, co-workers, or employees, the INOVA Visa gift card is a non-reloadable prepaid card. INOVA Gift Cards are accepted online and at millions of retailers across the world. Your gift card can also be replaced if lost or stolen.1

Received an INOVA gift card? To activate your gift card, please visit www.visaprepaidprocessing.com/inova/gift, select “Activate My Card”, and follow the prompts for card activation. You may also call 1-866-304-1554 to activate your gift card via telephone. Remember to press “Credit” when prompted at the register while paying with your gift card.

1Please review the INOVA Federal Credit Union Terms and Conditions relating to card replacement at www.visaprepaidprocessing.com/INOVA/Gift.

Tellerphone Telephone Banking

Experience the convenience of our Audio Response System, Tellerphone, to access your accounts and perform transactions 24 hours a day.

  • Check your account balances and recent transactions.
  • Check the interest earned on your accounts.
  • Make loan payments.
  • Stop payment on a check.
  • Transfer funds among your accounts and much more

To get started, call 1-800-444-6654 or 1-800-826-5465 Option 6 – Enter your member number. If you are a first-time caller, your PIN will be the last four digits of your social security number. You will then be prompted to select your personal PIN for future use.

En Español

Teléfono automático - ¡Acceso a su cuenta fácil y conveniente!

Experimente la conveniencia de nuestro sistema de respuesta audible, teléfono automático, para tener acceso a sus cuentas y para realizar transacciones 24 horas al día.

El teléfono automático le permite:

  • Comprobar sus balances de cuenta y transacciones recientes.
  • Comprobar el dividendo ganado en sus cuentas.
  • Hacer los pagos de su préstamo.
  • Suspender pagos de cheques.
  • ¡Transferir fondos entre sus cuentas y mucho más!

Llame al 1-800-444-6654 Incorpore su número del miembro (socio). Si es su primera vez llamando, su PIN será su número de seguro completo de nueve dígitos. Después de esto se le pedirá que seleccione su PIN personal para su uso en el futuro. Favor de cambiar lo señalado a los último cuatro dígitos de su número de seguro.

Wire Transfers

Move money across the county, state, country, or even world with ease. We offer our members both domestic and international wire transfer capabilities.You can request a wire transfer in person or through online banking.The processing cut-off times are as follows:

  • Domestic – Same Business day arrival 12:30 p.m. EST
  • Domestic – Next Business Day arrival 5:00 p.m. EST
  • Foreign/International – Arrival Date unknown – 4:00 p.m. EST

{endAccordion}

Additional Services | INOVA Federal Credit Union | Elkhart, Mishawaka, Granger (2024)

FAQs

Do credit unions provide more services than banks? ›

Credit unions can be ideal for a low-interest loan, lower mortgage closing costs, or reduced fees, but you'll need to qualify for membership. Larger banks may offer you more choices regarding products, apps, and international or commercial products and services, and anyone can join.

What is the difference between a federal credit union and a local credit union? ›

The main difference is whether the permit to do business as a credit union was granted by the state government or the federal government. Whenever a new credit union is established, the organizers apply for either a state or national (federal) credit union charter.

What is the advantage of a federal credit union? ›

Credit union profits go back to members, who are shareholders. This enables credit unions to charge lower interest rates on loans, including mortgages, and pay higher yields on savings products, such as share certificates (the credit union equivalent of certificates of deposit).

What is required of joining the local credit union that you found? ›

The information you need to provide varies depending on the membership requirements, but most credit unions will ask for a government ID or driver's license, Social Security number or tax identification number. Open a credit union account.

Why do banks not like credit unions? ›

First, bankers believe it is unfair that credit unions are exempt from federal taxation while the taxes that banks pay represent a significant fraction of their earnings—33 percent last year. Second, bankers believe that credit unions have been allowed to expand far beyond their original purpose.

Who are the top 5 credit unions? ›

Largest Credit Unions in the U.S.
Rank by Asset SizeCredit Union NameTotal Assets
1.Navy Federal Credit Union$168.4 billion
2.State Employees' Credit Union$50.68 billion
3.Pentagon Federal Credit Union$35.36 billion
4.Boeing Employees' Credit Union$29.17 billion
6 more rows
Apr 25, 2024

Which is safer a regular bank or a credit union? ›

However, because credit unions serve mostly individuals and small businesses (rather than large investors) and are known to take fewer risks, credit unions are generally viewed as safer than banks in the event of a collapse. Regardless, both types of financial institutions are equally protected.

What is the best federal credit union to join? ›

Here are some of the country's top credit unions:
  • Alliant Credit Union. Alliant offers an above-average interest rate for savings. ...
  • Consumers Credit Union. ...
  • Navy Federal Credit Union. ...
  • Connexus Credit Union. ...
  • First Tech Federal Credit Union.

Is it better to belong to a credit union or a bank? ›

If you want higher deposit rates and don't need access to branches across the country, for example, you might prefer a credit union. If you want access to in-person services and don't mind lower interest rates, a bank might be more suitable.

What is the downside of banking with a credit union? ›

The pros of credit unions include better interest rates than banks, while the cons include fewer branches and ATMs.

Is your money safer in a federal credit union? ›

Like banks, which are federally insured by the FDIC, credit unions are insured by the NCUA, making them just as safe as banks. The National Credit Union Administration is a US government agency that regulates and supervises credit unions.

What is a negative aspect of credit unions? ›

Choosing to use a Credit Union

The downside of credit unions include: the eligibility requirements for membership and the payment of a member fee, fewer products and services and limited branches and ATM's. If the benefits outweigh the downsides, then joining a credit union might be the right thing for you.

What is the easiest credit union to get into? ›

Credit Unions With Easy Membership Requirements
  1. Affinity Plus Federal Credit Union. Affinity Plus Federal Credit Union. ...
  2. Alliant Credit Union. Alliant Credit Union. ...
  3. Bethpage Federal Credit Union. ...
  4. Blue Federal Credit Union. ...
  5. Connexus Credit Union. ...
  6. Consumers Credit Union. ...
  7. Credit Human Federal Credit Union. ...
  8. Dow Credit Union.
May 2, 2024

Can you withdraw your money whenever you want? ›

Withdrawal limits on savings accounts

Yes, you can take money out of your savings account anytime; however, some financial institutions may only allow you to make up to six "convenient" transactions per month before they charge a fee.

What credit union does not use Chexsystems? ›

Summary: Best Banks That Don't Use ChexSystems
Bank / Credit UnionForbes Advisor RatingLEARN MORE
Capital One 360 Checking Account4.5
Chime® Checking Account4.4Learn More On Chime's Website
LendingClub Bank Rewards Checking4.2Learn More Read Our Full Review
Varo Bank Account4.1Learn More Read Our Full Review
1 more row
May 1, 2024

Why are credit unions so much better than banks? ›

Insured Deposits

Above all, one of the most acclaimed credit union advantages is that all deposits remain secured. You won't lose your hard-earned money because the National Credit Union Association (NCUA) backs credit union deposits. Each depositor's account is insured for up to $250,000.

Is it better to use a credit union or a bank? ›

If you want higher deposit rates and don't need access to branches across the country, for example, you might prefer a credit union. If you want access to in-person services and don't mind lower interest rates, a bank might be more suitable.

Why do people prefer credit unions over banks? ›

People choose banks primarily because of the convenience of multiple branches across the country, along with better technology. On the flip side, people choose credit unions primarily because of discounted loan rates, higher interest rates and better customer service.

How do credit unions work compared to banks? ›

Credit Unions Are Owned by the Members

Banks are typically for-profit entities owned by shareholders who expect to earn dividends. Credit unions, on the other hand, are not-for-profit, member-owned cooperatives that are committed to the financial success of the individuals, families, and communities they serve.

Top Articles
Latest Posts
Article information

Author: Chrissy Homenick

Last Updated:

Views: 5481

Rating: 4.3 / 5 (54 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Chrissy Homenick

Birthday: 2001-10-22

Address: 611 Kuhn Oval, Feltonbury, NY 02783-3818

Phone: +96619177651654

Job: Mining Representative

Hobby: amateur radio, Sculling, Knife making, Gardening, Watching movies, Gunsmithing, Video gaming

Introduction: My name is Chrissy Homenick, I am a tender, funny, determined, tender, glorious, fancy, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.