Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
DuTrac Community introduces EcoPlus relationship account
DUBUQUE, Iowa (11/11/09)--DuTrac Community CU is providing long-term financial sustainability for its members and the communities it serves by introducing a new environmentally friendly relationship account called EcoPlus. The EcoPlus Account is a comprehensive relationship account that can be used by any DuTrac member or consumer within DuTrac’s 14-county charter area. To qualify, consumers need a direct deposit relationship with DuTrac and must subscribe to e-statements. After qualifying for the EcoPlus Account, members will receive no-charge checking that is fully automated--or “green,” meaning all transactions can be done online through DuTrac’s re-invented website and through the EcoPlus Debit Card. EcoPlus can be a paperless account. Even the switch kit, for consumers wanting to switch to DuTrac EcoPlus’ benefits, is automated, online and paperless. Benefits for qualifying EcoPlus members include:
* A 0.25% decrease in consumer secured loan rates--excluding mortgages and home equity lines of credit; * A 0.25% increase in term deposit rates; * Unlimited debit card use for both personal identification number-- or signature-based cards; * Reimbursable ATM charges; * Free BillPayer access and $10 each, up to $100, for automatic clearing house payments established; * Low-balance e-alerts; * Free early fraud detection; * Free identity theft resolution services; * Electronic promotion and rate alerts; * Free e-statements; * Free online account access 24/7; * Free access to MobileLink DuTrac’s mobile banking solution; and * One free credit report review a year.
“Sustainability means providing consumers with affordable financial services--financial services that change with their ever-changing needs,” said Andrew Hawkinson, president/CEO. “Hence, DuTrac is offering a no-cost checking solution that is not only green, but is also flexible enough to change as members’ needs change. It’s more than just a checking account, it affects members’ loan and deposit relationships with DuTrac.” “According to DuTrac’s internal analysis, a ‘typical member’ subscribing to DuTrac’s EcoPlus Account will save approximately $300 the first year,” said Jason Norton, senior vice president of marketing and business development.


RSS print
News Now LiveWire
Economic activity slowed in June, according to the #Chicago Fed's national activity index, released today #Market http://t.co/1pN6peM8my
12 hours ago
Money burns a hole in workers' pockets after payday, despite best intentions via @WSJeconomy http://t.co/A9SNiUdf9v
12 hours ago
"SAR Stats," new from #FinCEN, focuses on #bitcoin. See #NewsNow http://t.co/vS7iTwY2SW
14 hours ago
.@CFPB now accepts consumer complaints on prepaid cards, debt settlement services, credit repair services, and pawn and title loans.
15 hours ago
.@WellsFargo to process transactions in order received, not high to low http://t.co/g0jWJoegoJ
15 hours ago