When
can I join?
Immediately after you begin working for
McClatchy.
How soon
may I borrow?
After you have been employed for six
months and work at least 22.5 hours a
week.
Is the
credit union part of McClatchy?
The credit union has its own management
and Board of Directors and is
independent of the McClatchy
Corporation.
Are there
fees associated with my credit union
account?
You must keep $500 on account at all
times to avoid a transaction fee of
$1.50 per withdrawal. Please contact us
for information regarding other fees
that might affect your account. There
are no pre-payment penalties for paying
off loans early.
How do I
withdraw money from my account?
Just call us before 3:45 p.m. Pacific
time and we can have a check ready for
you that same day. We also offer our
QwikDraw service which transfers funds
to a pre-selected account overnight.
Is there
a limit to the amount of money I can
put in my credit union account?
Members may deposit as much as they wish
in their credit union share accounts.
Members may also open up to $75,000 in
share certificates.
What is a
PAL?
Our Payroll lender Alternative Loan, or
PAL, is available to all members with
established payroll deductions. Members
can borrow up to $800 and pay it back
over the next seven pay periods.
Do you
offer real estate loans?
Through our partner, CU Homeland, we
offer a wide variety of competitively
priced mortgage options with exceptional
service.
Does the
credit union offer home banking or
other electronic services?
We do not presently offer home banking
or bill pay services. We have carefully
examined these products but are not able
to offer them to our members at the
present time due to their cost. We do
offer online membership and loan
applications and are constantly
reviewing additional services.
When can
I open a Christmas Club account?
Christmas Club accounts may be opened at
any time throughout the year but only
pay out on or near November 1st.
Can I
keep my account if I leave McClatchy?
Yes.
Can I
have more than one account for my
spouse or child?
No -- membership is limited to employees
only at this time.
