Offers and Promotions

DISCLOURES/FINE PRINT

Special 1 - Checking with Direct Deposit

Offer valid 11/1/24 to 1/31/25. To receive $100 bonus, member must open a Totally Gold Checking account and set up direct deposit from their employer or Social Security. Must have two consecutive electronic deposits each with a minimum deposit of $1,000. To receive $250 bonus, member must open a Money Market Checking account and set up direct deposit from employer or Social Security. Must have two consecutive electronic deposits each with a minimum deposit of $2,000. Must maintain balance of $2,000 for 60 days after account opening. For both offers, first direct deposit must be set up and funded into member's OU Credit Union checking account by 1/31/25 and member must complete 10 transactions within 30 days of account opening. Bonus of either $100 or $250 will be deposited to the member's CashBack+ wallet within 90 days of promotion end date. Not valid for members with existing or previously closed checking accounts. Not valid for funds already on deposit with OU Credit Union. Bonus may be taxable and reported on an IRS Form. Annual Percentage Yield (APY) means a percentage rate reflecting the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period. The APY on the Money Market Checking is 1.25% for Tier 1 with a minimum balance of $2,000, 1.25% for Tier 2 with a minimum balance of $10,000, 1.50% for Tier 3 with minimum balance of $50,000, and 2.00% for Tier 4 with minimum balance of $100,000. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. Rates valid as of 10/24/24 and subject to change after account opening.

Special 2 - Auto

Offer begins at midnight ET 11/1/24 and ends 11:59 p.m. ET on 1/31/25 for accounts in good standing. If deferral is set up during the loan process, principal or interest payments are not required for 90 days from the date of loan funding. Interest will accrue, and the original loan termination date will be extended three months. Offer not valid on leases, MI Saves, and internal refinances on existing OU Credit Union loans.

Special 3 - Certificate Sweepstakes
The Certificate Sweepstakes begin at 12:00 A.M. ET 11/1/24 and ends at 11:59 P.M. ET 1/31/25. To enter, open a 1-Year Add-On Certificate with a minimum deposit of $500. Only one entry per participant will be accepted. Not eligible for Business and Youth accounts. Prize is OU Credit Union matching your initial Certificate deposit, up to $3,000 which is valued at up to $3,000. Chances of winning are based on the number of entries received. One winner will be randomly selected by 2/14/25 by the MSU Federal Credit Union (Credit Union), whose decision is final. Winner & member's account must be in good standing. Winner will be notified by email or phone and has 5 business days to respond. Failure to respond within 5 business days will result in the selection of a new winner. Winner must sign a release and consent form to receive prize. The Credit Union provides no warranty relative to prize. Prize may not be substituted or transferred except at the discretion of the Credit Union. Winner is responsible for applicable taxes and costs related to use of prize. Employees, Board members, and Supervisory Committee members of the Credit Union and affiliated CUSOs, and any promotion sponsors, are not eligible. No purchase necessary to enter, nor will a purchase improve chance of winning. A winners list will be available at oucreditunion.org/winners. For full promotion details, visit https://www.oucreditunion.org/specialoffers/grandopeningspecials.

Special 4 - Home Loans Closing Cost - FINAL

Receive $750 off closing costs offer valid for new mortgages of $150,000 or more. Closing cost discount will be provided as lender credit. Offer cannot be used toward down payment or with any other discounts and is not available on home equity lines of credit. Valid on new loans and loans refinanced from other lenders. Streamline Refi offers are not eligible for this promotion. All usual and customary fees will be charged to the buyer. Loans are subject to credit approval. Applications must be received by 1/31/25 and mortgage must close by 4/30/25. Eligible properties include primary and secondary residences: single-family homes, condominiums, and modular homes. Home loans available for homes in the following states: Michigan, Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Minnesota, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, and Wisconsin. Construction home loans are only available in Michigan and Illinois. Rates are based on creditworthiness, loan-to-value (LTV), property type, and other factors associated with your loan application, and your rate may be higher. This offer may not be transferred, sold, or replicated in any way, and it may not be combined with any other mortgage offers.

Special 5 - Certificate Bump .5%

Certificate offer available 11/1/24 through 1/31/25. Must present coupon at the North Branch, Clark Branch, Halsted Branch, or Novi Branch to obtain .50% rate increase on Certificate. To view branch addresses, visit https://www.oucreditunion.org/locations. Account must be in good standing. Certificate rates are fixed for the term of the Certificate at the time the Certificate is opened. Rate subject to change at any time. Offer valid on any term, Jumbo or Regular. Minimum deposit of $50 required to open a Certificate. Not valid for funds already on deposit with OU Credit Union. Coupon valid for one Certificate bump. Early withdrawal penalty of 365 days of dividends applies if funds are withdrawn prior to maturity. An early withdrawal could reduce your initial investment. Offer cannot be combined with any other certificate offers. To view rates, visit https://www.oucreditunion.org/rates