Who is eligible for credit union membership?
Anyone that lives, works, educates or worships in the counties of Riley, Geary and Pottawatomie are eligible for membership with our community charter. To determine if you are eligible to become a member of K-State Federal Credit Union, refer to Membership. All immediate family members are also eligible for membership.
Is my money safe?
Absolutely!! The share insurance at K-State Federal Credit Union is similar to deposit insurance provided by the Federal Deposit Insurance Corporation (FDIC). Share accounts in federally insured credit unions are insured up to $250,000, an amount equal to the insurance protection offered by the FDIC. Generally, if a credit union member has more than one account in the same insured credit union, those accounts are added together and are insured up to $250,000. There are exceptions, however. If a member has a regular share account and an Individual Retirement Account in the same credit union, each account is insured up to $250,000. The NCUA Insurance booklet gives a more detailed explanation of insurance coverage. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.
How is a share account different from a savings account?
A share account indicates your ownership in the credit union. It works just like a savings account in any other financial institution, but you have the comfort of knowing outside stockholders aren't benefiting from your hard earned money. In addition, we pay dividends into your account as opposed to interest, indicating again your ownership in the credit union. For more information on Share Accounts follow this link.
How do I receive a wire?
Send to Millennium Corporate Credit Union in Wichita, KS using Routing # 301180111
Further Credit to: K-State Federal Credit Union using Routing # 301179106
Final Credit to: Members name and Members Account Number
Are there any fees on share (savings) accounts?
There is a minimum of $25 required to open the account. Click here to learn more about Share Accounts.
Do you have free checking?
Yes! We have two types of checking accounts. One is completely FREE, no monthly charges, no per check charges, and no minimum balance requirement.
Do you have an interest checking account?
Yes! Our interest checking requires a minimum of $500 to earn interest which is paid monthly. Learn more about Interest Checking by clicking the link.
Do you have Debit cards?
Yes! Our Debit cards can be used like an ATM card to access either your savings or your checking account. Our 24 hour drive-thru ATM is located at our office at 2600 Anderson Avenue. A walk-up ATM is located at our office at 1455 Anderson Avenue. And our debit card can be used at retailers where Visa is accepted and will debit directly from your checking account.
How do I sign up for direct deposit?
Just visit your payroll department for a direct deposit form. All you need is your account number and your K-State Federal Credit Union routing number (both of these can be found on a voided check or deposit slip). The credit union routing number can be located at the bottom of this page.
Do you have Certificates of Deposit?
Yes, the credit union offers many options for certificates of deposit ranging from 90 days to five years with a minimum balance of $500.
Can I apply for my loan online?
Yes, and it couldn't be easier. Our Online Loan Application is fast to fill out. Once it reaches our office, a loan officer reviews your application right away so you can be approved quickly.
Are all loans approved automatically?
All loans are evaluated by a loan officer and a determination is made if the loan falls within the guidelines established by our board of directors.
Can my loan payments be made automatically?
You can have your loan payment made automatically from your checking or your savings account at the credit union. The loan officer can set this up at the time your loan is made or you can request it at a later date. Also, many employers offer payroll deduction from your paycheck that will automatically be sent to the credit union and applied to your loan. Also, an automatic payment can be made directly from another financial institution for your loan payment.
Can my loan payment be made bi-weekly?
Yes, we can set your loan payment up to be made bi-weekly or monthly, whichever is most convenient to you.
Do you have loan origination fees on car loans?
No, we do not have any loan origination fees on any consumer loans. There is a small fee on home loans requiring a mortgage to be filed.
Can I be pre-approved for a loan?
Yes, just let your loan officer know you would like to be pre-approved and then when you are ready for the money, come in and sign the paperwork.