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Services

Loans Share Savings Accounts Online Banking Other Benefits and Services

Loans

All loans are subject to credit approval.

To view loan rates, click here.

To apply for a loan, click here.

Home Equity Loan

Fixed-rate Home Equity Loans are available only in Ohio and Illinois for up to $40,000, with a maximum term of 15 years.

Mortgage

To apply for a mortgage loan, click here.

New Auto Loan

New Auto Loans can be used to finance the full price of a vehicle, including tax and title. The maximum term is 72 months.

Used Auto Loan

The amount granted for a Used Auto Loan is based on the vehicle's average retail value according to the latest NADA Used Car Guide. Its maximum term is determined by the age of the vehicle at purchase.

Unsecured Loan

Unsecured Loans require no collateral and are available for up to $5000. There are two types:

VISA Platinum

The advantages of a VISA Platinum credit card include:

To view the VISA Credit Card Agreement click here.

To request an application for a VISA Platinum card, please call us at (216) 896-2225.



Share Savings Accounts

The minimum amount to open an account is $5.00 and the minimum amount to earn interest is an average daily balance of $100. Fees may reduce earnings on these accounts. You may forfeit dividends if you close an account before accrued dividends are credited. To view account dividend rates, click here.

Regular Share Savings Account

Funds in this account are available for withdrawal all year round.

Christmas Club Account

A Christmas Club Account makes it easy to save for the holiday season. An account can be started at any time during the year, after which funds are set aside and distributed on November 1st.

IRA Account

Traditional, Roth, and Education IRA's are available to members. For more information on IRA accounts, call us at (216) 896-2220.

Share Certificate of Deposit (CDs)

Share Certificates of Deposit are available for 6-month and 12-month terms and generally offer higher dividend rates than typical savings accounts. A minimum deposit of $500 is required. Dividends are paid at maturity; if an early withdrawal is made, all accrued dividends are forfeited. To view current Share Certificate rates, click here.

Share Draft (Checking) Account

Share Draft Accounts may include a $500 overdraft line of credit for members who qualify.

Vacation Club Account

Similar to the Christmas Club Account, a Vacation Club Account helps members save for vacation. However, while funds in the Christmas Club account are only distributed once a year, withdrawals can be made from your Vacation Club Account all year round.



Other Benefits and Services

Accidental Death and Dismemberment (AD&D) Insurance

AD&D Insurance is available to all members. In the event of death or dismemberment, AD&D will cover $2000 in expenses at no additional cost. Additional coverage may be purchased. To apply for this service, please call us at (216) 896-2225.

ATM Cards

ATM cards are available for most types of accounts and can be used at any MAC, HONOR or STAR machines. To apply for an ATM card, click here. Please fax the application to (216) 896-4058.

Credit Life & Disability

In the event of illness or death, Credit Life & Disability makes monthly payments on a member's loan. This service is available for VISA Platinum and all other loans, and more information is included with loan application packets.

Electronic Funds Transfer (EFT)

To have funds electronically deposited into your account, obtain a direct deposit form through your employer's payroll department. You will need three numbers when completing this form:

  1. PACO's R&T # 241-076-204
  2. Amount of deposit
  3. Your 10-digit account number
Electronic withdrawals from your PACO account are also possible, but must be set up by the receiving institution.

Online Banking

Call us at (216) 896-2225 to register for online banking.

Home Value

To receive a free estimate of the value of your home, click here.

Overnight Delivery

Overnight delivery is available to most areas for a fee.

Payroll Deduction

A portion of your paycheck can be deposited directly to your account through Payroll Deduction.

VISA Gift Cards

Pre-paid VISA Gift Cards make wonderful gifts for everyone from college students to coworkers. Click here to learn more.

Wire Service

Funds can be wired to other financial institutions for a fee.

Terms and Conditions of Your Account

Click here for PACO Terms and Conditions of Your Account






PACO FCU is an equal opportunity lender.