Services

Wire Transfers

Wire transfers are a great way to send money quickly when the need arises. CESFCU sends and receives domestic wire transfers. Wire transfers are sent according to the wiring instructions provided by the sender. 

Wire transfers are fast and efficient; however, the sending financial institution is usually unable to retract them once they are sent. Thus, members must ensure the wiring instructions they provide to the Credit Union are correct and should consider all wire transfers final.

Features

• Wire transfers may be funded by cashier’s check, cash or money order, or from funds on deposit in CESFCU Regular Share Savings, Special Share Savings, or other Share Savings account where funds are not on hold or restricted (based on account type)
• Wire transfers conducted between financial institutions only
• Funds disbursed as directed by sender
• Fees
  • $15 fee to send a domestic wire transfer
  • $10 fee to receive a wire transfer

Please complete the Wire Transfer Request and Agreement to complete an outgoing Wire Transfer.

Sending Wire Transfers

Members should always contact the receiving financial institution to request proper wiring instructions before initiating a wire transfer. Members who wish to have their wire transfer sent the same day they make the transfer request must submit the request on Credit Union business days before the daily cutoff time of 3:00 pm CST.

Receiving Wire Transfers

Members sending funds to CESFCU as a wire transfer, should follow the Incoming Wire Transfer Instructions.

Skip A Payment

CESFCU offers qualifying members the opportunity to skip loan payments up to two times a calendar year for qualifying loans. 

Members can authorize CESFCU to extend their final loan payment by one or two months annually. No payment will be required on your loan in the month(s) skipped; however, you will be required to resume your regularly scheduled payment(s) the following month. There is a $25.00 non-refundable processing fee per loan per month skipped. Interest will continue to accrue on the loan(s) during the month(s) skipped. Loan payments made through Payroll Deduction, Direct Deposit or ACH will be deposited into the Savings Account for the month(s) skipped. If accounts/loans at the credit union are not in good standing, this request is invalid. The first full contractual payment must be applied to the loan before being considered for a skip payment. If the processing fee is not included with the Skip A Pay application, the request will be denied, and the regular payment(s) will be required (or applied in the case of an automatic payment). A maximum of two skip
payments are available per loan each calendar year. CESFCU reserves the right to deny any request. Multiple skips may reduce potential GAP claim or credit insurance benefits. Contact your provider for details. VISA loans are excluded.

To skip the next CESFCU loan payment, complete, sign, and return the Skip A Pay form.

GAP Insurance

CESFCU members can take advantage of our Guaranteed Asset Protection or GAP coverage through GAPWise (Wise F&I). Did you know that if your vehicle is stolen or totaled in a major accident, your loss could add up to more than its value? Most insurance policies only protect the actual cash value or market value of the vehicle at the time of the loss, which means you could receive less than the amount you owe. GAP insurance pays the difference between the actual cash value or market value of the vehicle and the amount owed on your vehicle. You can protect your investment with GAP. It covers the 'gap' between the vehicle's value and the amount you still owe. Why pay more at the dealership? CESFCU offers a very competitive rate usually less than what most dealerships offer.

Here is an example of how GAP insurance works:

Let’s say your vehicle is totaled in an accident. You still owe $25,000 on the loan, but your insurance only pays you the current value less your deductible, which is $21,000.

Credit Insurance: Credit Life & Disability

Protect your family against the unexpected

MEMBER'S CHOICE© Credit Life and Credit Disability Insurance may make your loan payments when you can’t. Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan payments against unexpected disability and covered life events could help protect more than your finances. It could help lighten the burden for the people you care about. Insure your loan payments today so you can
worry a little less about tomorrow.

Beyond Protection:

• Simple to apply
• Designed to fit your lifestyle
• Coverage that fits your loan
• Totally voluntary
• Won’t affect your loan approval
• Sign up for credit insurance at your loan closing, or anytime you like.
  

MEMBER'S CHOICE© Credit Life and Credit Disability Insurance is underwritten by CMFG Life Insurance Company.

TruStage® 

Insurance designed for credit union members like you.

TruStage® insurance products and programs are designed for credit union members. You deserve competitive rates, helpful guidance, and simple, straightforward insurance brought to you by your credit union. We can help you get coverage that fits your needs and your budget. It’s all part of smart planning and protecting what matters most.

Visit us at: trustage.comor Call us and we’ll help you understand your options so you can choose the right coverage for you and your family.

All statements made are subject to provisions, exclusions, conditions, and limitations of the applicable insurance policy. Coverages and features not available in all states. Eligibility is subject to meeting applicable underwriting criteria. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations.

TruStage Auto & Home Insurance Program is made available through TruStage Insurance Agency, LLC. Coverage provided and underwritten by Liberty Mutual Insurance Company or its subsidiaries or affiliates.175 Berkeley Street, Boston, MA 02116 USA. Equal Housing Insurer. © 2022 Liberty Mutual Insurance. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. 

TruStage® Final Arrangements and Preplanning Solutions products and services are made available through and sold by licensed agents of American Memorial Life Insurance Company (AMLIC), Rapid City, SD, part of TruStage Financial Group, Inc. AMLIC is licensed in all states except NY. An agent may contact you. Products are not currently available in all states.

TruStage® Insurance products and programs are made available through TruStage Insurance Agency, LLC. Life insurance and AD&D insurance are issued by CMFG Life Insurance Company. The Auto and Home Insurance Program is issued by a leading insurance company. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by any depository institution.

Corporate Headquarters 5910 Mineral Point Road, Madison WI 53705

Notary Services

A Notary Public is a state-licensed legal witness to the signing of documents. A Notary Public acknowledges the signing of a document with his or her own signature and notary seal. CESFCU offers notary services Monday through Friday.

Please contact us prior to coming into the branch so we can ensure that a notary will be available to assist you.

Helpful Information & Forms

• CESFCU Fee Schedule 
• Change of Address/Name
• Designation of Pay on Death Beneficiary