Fairport Federal Credit Union

  Monday – Thursday: 9am–5pm   Friday: 9am–6pm   Saturday: 9am–noon

  585.223.9151    |      585.425.7253

Fairport Federal Credit Union Checking
Let us help you get there.


Whether it's a lifelong dream or a weekend getaway, FFCU offers a variety of great savings options to help you get where you want to be. They're all NCUA-insured, so you know your money is safe.


Savings Accounts with competitive interest rates


Share (Savings) Accounts

Various interest bearing accounts available to all members including Primary Shares, Scotty Savers, Links, Clubs, and Share Certificates.




  Deposits

Can be made by US mail, through Direct Deposit, at our Automated Teller Machine, or in person. When making your deposits by mail, simply make your check payable to the account owner and restrictively endorse it “for deposit only” followed by the account number, thus assuring that no one else can cash it. We credit the deposit to your account the same day it is received. Of course, you can drop off your deposits at our office during regular business hours. After regular business hours, please use our drop box which is located to the right of our back door. Items placed in the drop box are usually processed by 9:30 AM on the next business day.


  Withdrawals by Bank Check

Can be made either in person, by mail, Starline, or Homebanking. Withdrawal checks can only be mailed to the address listed on your account. If you do not need the withdrawal the same day, a phone call and proper identification are enough to arrange to have your check mailed to you. You may also use our Starline automated telephone teller system (available 24 hours a day, seven days a week) to order a withdrawal check which will be mailed to your home address the next business day after your call is received.



  Cash Withdrawals

Can be made by ATM or at the teller window. A Visa Check Card will be provided at no cost to you to access your account from thousands of ATM locations throughout all 50 states and most foreign countries.

  Statements

Are mailed quarterly; however, a statement is mailed each month in which there is an EFT Transaction (ie: direct deposit/withdrawal, ATM etc.) in your savings (S-1) account.



  Minimum balance requirements

The minimum required to open this account is the purchase of a share in the credit union. Please see the bylaw requirements in the Common Features section for additional information. You must maintain a minimum average daily balance of $25.00 in your account to obtain the disclosed annual percentage yield.


  Average Daily Balance computation method

Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the quarterly statement cycle.


  Transfers

To or from your share savings account can be made by telephone, in person, Starline, our voice response unit, or Internet Teller.





Savings Safety: The Fairport Federal Credit Union is a federally chartered corporation. It is supervised by the National Credit Union Administration, an agency of the United States Government and must abide by the Federal Credit Union Act bylaws, rules, and regulations set forth for federal credit unions. Important safety factors include the following:

  1. The first $250,000 in each member’s account is federally insured by the National Credit Union Share Insurance Fund, a federal agency.
  2. A periodic examination of the Credit Union is conducted by National Credit Union Administration examiners.
  3. Fairport FCU contracts with an outside auditor to do an additional annual audit.
  4. The supervisory committee performs quarterly audits in order to verify our financial position and the soundness of our overall operations.

Trust and Custodial Accounts: while available, require special applications. Please discuss these accounts with a Member Representative.


**Federal Regulations Prohibit Payment of dividends in Excess of Available Earnings.**