A guide to everything Atomic Credit Union has to offer!
Established 1955
MEMBERSHIP GUIDE
About Atomic Credit Union................................................................3 Digital Banking...................................................................................4-5 My Accounts.................................................................................4 Bill Pay.............................................................................................4 Remote Deposit Capture.........................................................4 Transfer Money............................................................................4 Card Services................................................................................4 Order Checks................................................................................4 Stop Payments.............................................................................4 eStatements..................................................................................4 Secure Messages.........................................................................5 Alerts...............................................................................................5 Settings...........................................................................................5 Account Preferences..................................................................5 How to Enroll................................................................................5 Share and Checking Accounts...........................................................6 Primary Share Accounts Checking Accounts Sub/Secondary Accounts Club Accounts Health Savings Accounts Prepaid Visa Gift Cards Same-Day Debit Mastercard CDs & IRAs.................................................................................................7 Traditional IRAs Roth IRAs Certificates of Deposit (CDs) Money Management Accounts Consumer Loans.....................................................................................8 New and Used Auto Loans Sallie Mae Smart Option Student Loan ® Small Loan Program & Credit Builder Credit Cards.............................................................................................9 Consumer Visa Secured Visa Business Visa Registering Your Card Online Reward Points Lost/Stolen Card Mortgage Loans & Home Equity Lines of Credit............................10 Home Purchase & Construction First-Time Homebuyer Indirect Dealerships Cars for Graduates Recreational Vehicle Loans Personal-Use Equipment Loans Signature Loans Share Secured
Refinance Land Loan Home Equity Line of Credit (HELOC) How to Get Started
Business Loans......................................................................................11 Commercial Real Estate Residential Investment Real Estate Construction and Development Equipment Vehicles Operating Lines of Credit Letter of Credit Business Credit Cards Note Loan How to Get Started Business Loan Information Checklist.................................18 Business Accounts...............................................................................12 Business Savings Business Checking Money Management Accounts Certificates of Deposit (CDs) How to Get Started ACH Corporate Agreement Agribusiness Loans..............................................................................13 Real Estate Equipment & Vehicles Operating Lines of Credit Detached Accessory Structures Livestock and Crops Items Needed Student-Run Credit Union Program.................................................14 Objective How it works Benefits Scholarships..............................................................................15 Application Process Eligibility Requirements Other Accounts & Services............................................................16-17 Escrow Trust Accounts............................................................16 Estate Accounts.........................................................................16 Guardianship Accounts...........................................................16 Marijuana/Cannabis Accounts.............................................16 Representative Payee..............................................................16 Trust Accounts, Irrevocable...................................................16 Trust Accounts, Revocable.....................................................16 Medallion Signature/Medallion Guarantee.....................17 Notary Public..............................................................................17 Power of Attorney.....................................................................17 Deceased Members................................................................17 Business Loan Information Checklist.............................................18 How Your Funds Are Insured..............................................................19 NCUA Excess Share Insurance Equal Housing Opportunity Lender
H istory Atomic Credit Union is a not-for-profit financial cooperative supporting members’ dreams and aspirations with products and services that help them get ahead. Originally chartered on November 28, 1955, to serve all retired or current employees of the Atomic Plant site and their immediate family members, membership is now open in 19 counties across Southeastern Ohio: Adams, Athens, Brown, Fairfield, Fayette, Franklin, Gallia, Highland, Hock- ing, Jackson, Lawrence, Licking, Meigs, Perry, Pickaway, Pike, Ross, Scioto, and Vinton.
Why Atomic? As a member of a Credit Union, you are also an owner. Our members have a share in the credit union, gaining them vot- ing rights to the Board of Directors. Atomic offers free credit reports and credit counseling, local loan decisions, commu- nity support, lower fees and better interest rates on savings and loan accounts, and more personalized member service!
Joining is Easy! By opening an Atomic Credit Union account and depositing just $5.00, you gain access to all the benefits credit unions offer. We have a wide range of financial products and services fit for every individual member!
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Open Your Account Online www.digital.atomiccu.com/newmember →
Open Your Account In Person Visit any of our branch locations to speak to a Member Service Representative
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D igital B anking Atomic Credit Union’s digital banking features let you take care of your banking on your time. These powerful, secure features put you in control, so accessing your accounts is just a tap or click away! My Accounts A complete listing of your accounts and loans are available on the My Accounts feature. On this screen you can view account balances, transaction history, and alerts. Additional options include check images, due dates, and payment information. Bill Pay Paying your bills has never been easier! Within Online Banking and the Mobile App, you can manage your monthly bills: • Pay any person or business • Pay multiple bills quickly and easily • Schedule future and recurring payments • Set up reminders so you never miss a payment date • Receive electronic bills (eBills)
Transfer Money Easily move money between your Atomic Credit Union accounts or your accounts at other financial institutions. You can quickly transfer money to: • Pay your Atomic Credit Union loans, including credit cards • Another Atomic Credit Union member For even more convenience, set up recurring transfers to ensure that you never miss an Atomic loan payment or transfer. Card Services If you temporarily misplace your Atomic Credit Union Credit or Debit Card, you can freeze the card while you locate it. Once the card has been located, you can activate it in seconds! Order Checks Order fully customizable checks in Online and Mobile Banking. It’s secure, quick, and can be done from anywhere. The check order features let you: • Easily verify or change your name or address • Select expedited shipping if you need your checks fast Stop Payments Request a stop payment on one or several checks when signed into Online or Mobile Banking. eStatements View, download, or print statements in Online or Mobile Banking: • Receive Monthly email notifications when statements are available • Easily access online statements whenever you need them
Depositing checks is as easy as TAP• SNAP• DEPOSIT with Remote Deposit Capture
Scan to download on Android devices
Scan to download on Apple devices
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E nrollment is E asy ! To register for digital banking, you will need your Social Security Number or Tax ID for businesses, Date of Birth, or business start-up date, and a valid email address and/or cell phone number. For online banking, visit www.atomiccu.com. • Click “Register” • Select Registration Option-Personal or Business • Enter Date of Birth and Social Security Number • Create your username and password • Read & Accept the Terms of Service • Click Finish Registration • Enter Username and Password, then click Login • Choose verification method-Text or Email • Enter verification code • You will now be logged in! Forgot your username or password? No worries! Simply click on the item you have forgotten and follow the prompts for instructions on how to easily reset.
Secure Messages Have a question about your account? Secure messaging allows two-way communication between you and our support team. Alerts Always know what’s happening with your account. Get alerts for suspicious activity, low balances, upcoming payments, and more! Settings Keep Atomic Credit Union up to date on important details to ensure you never miss a notice or alert. Manage these details easily in Online and Mobile Banking: • Account Addresses
• Email Addresses • Phone Numbers
Account Preferences Create or edit nicknames, hide accounts, and rearrange the display order of your Atomic Credit Union accounts using the Account Preferences feature.
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S hare & C hecking A ccounts Looking for a new, better way to bank? We have you covered with our Savings and Checking Accounts. Opening your account makes you an official member of Atomic Credit Union so you can benefit from all our products and services! Primary Share Account Your Primary Share Account is your Savings at Atomic Credit Union. A $5.00 deposit opens your membership. • No minimum balance fee with an average balance of $50 in your accounts • Quarterly Dividends • Free Online and Mobile Banking
Prepaid Visa Gift Cards Perfect for birthdays, Christmas, graduation, and wedding gifts! Gift cards can be loaded one time, with amounts ranging from $10-$500. Purchase for $4.00 at any Atomic branch.
• Direct Deposit and Payroll Deduction Available • Deposits insured up to $500,000 through NCUA and Excess Share Insurance Checking Accounts Managing your accounts has never been easier! Atomic gives you quick and easy access through Online and Mobile Banking, Same-Day Debit Mastercard, and ATM convenience. • No initial deposit required • No minimum balance fees • $750.00 Privilege Pay available (after 60 days of account opening, for accounts in good standing) • Direct Deposit and Payroll Deduction Available Sub/Secondary Accounts
Club Accounts Our Christmas Club Accounts help the holiday shopping season go smoothly! • Start depositing January 1 - October 31 • Funds will be disbursed November 1 via direct deposit or check • No penalty to withdraw your money prior to November 1 • Direct Deposit for easy saving
This is one of the most beneficial types of accounts for our membership. They provide our members the “freedom” to separate their monies in different sub-categories and they are not tied directly to a Debit/ATM card. • Deposited through digital services, in-person, or Direct Deposit • “Nickname” any account for easy recognition
Health Savings Account We offer Health Savings Accounts (HSAs) for eligible members who are enrolled in a High Deductible Health Plan. HSAs are a tax advantage medical account that allows you to earn interest at a competitive rate and access your funds quickly by HSA Debit card, ATM card, Online Banking, Bill Pay, or by check. Take control of your health related matters and pay for those expenses easily with a Health Savings Account.
S ame -D ay D ebit M astercard
Your debit card can be printed and ready for use in a matter of minutes! This means you no longer have to wait for your card to arrive in the mail when you open your Atomic Checking Account. We offer EMV Chip Technology, 24/7 fraud monitoring, and several types of Debit Mastercard products: • Consumer - Make purchases in-store, online, or use at an ATM. The funds are debited from your Atomic Checking • Business - You can link several employee/department cards to your Business Checking • HSA - Funds are deducted from your Health Savings Account or you can withdraw at an ATM • Youth - Our youngest members (age 13+) can learn how to properly manage their checking accounts with a youth Debit Mastercard! ATM Cards are available for our youth members at the age of 10.
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CD s & IRA s We offer two types of Individual Retirement Accounts (IRAs): Traditional and Roth. Both have unique tax initiatives, flexibility, and eligibility requirements. Our members have the option of depositing funds into a Traditional or Roth Savings Account, Certificate of Deposit, or a Money Management Account. Traditional and Roth IRAs are insured separately from regular funds up to $500,000. So, what’s the difference? Traditional IRAs This allows Atomic members to save for their retirement with tax deferred earnings and possible tax deductions. If eligible, members can contribute up to 100% of annual compensation, based on yearly cost of living adjustments, plus an additional $1,000 if the member is over the age of 50. Members can contribute to their Traditional IRAs until the Federal Income Tax Return deadline. These come in the form of IRA Savings Accounts, IRA Certificates of Deposit, or IRA Money Management Accounts. Members also have the option to rollover their 401K or other Qualified Retirement Plans (QRP) into an IRA.
IRA S avings A ccount
C ertificates of D eposit (CD)
M oney M anagement A ccount
• Contribute anytime • No restricted terms • Long-term savings
• Terms ranging from 3-60 months • Higher dividend rates than IRA Savings • Minimum deposit of $1,000 • No contributions after CD is established (less accessible) • Eligible for payroll deductions and direct deposit contributions
• Contribute anytime • No restricted terms • Higher rates than traditional Savings • Tiered levels of savings; the more you contribute, the more you earn • Minimum deposit of $2,500 • Easy access to funds • Eligible for payroll deductions and direct deposit contributions
Roth IRAs A Roth Individual Retirement Account allows members to save for their retirement while taking tax-free distributions, receiving a possible tax credit of $1,000, and no required distributions after a certain age. In order to be eligible for a Roth IRA, Atomic members must earn compensation from employment and earned income must be within IRS guidelines. Modified adjusted gross income will determine contribution limits for your Roth IRA. If you meet these qualifications, you can contribute 100% of your annual compensation up to the yearly contribution limit, plus an additional $1,000 if you are 50 years of age or older. Roth IRAs are not deductible. Members have the option to convert a Traditional IRA into a Roth IRA - this transaction is typically taxable.
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C onsumer L oans Shopping for a new or used vehicle? Atomic offers auto loans with competitive interest rates, automatic payment options, and easy account access through Online and Mobile Banking! Auto Loans Prompt approval gets you on the road faster! We offer fixed terms and payments so you can budget easily, with no prepayment penalties! Never miss a due date when you sign up for automatic payments. Indirect Dealerships Not a member? No problem! Sign your loan paperwork at the dealership! We have relationships with local dealerships so you can get your Atomic Auto Loan without ever having to leave, even on the weekend!
Scan here to view all our Indirect Dealers!
K now B efore Y ou G o ! Stop in any of our branch locations for your pre-approval letter! Get pre-qualified for an easy, convenient, and hassle- free vehicle shopping experience at auto dealerships.
Cars For Graduates Our Cars For Graduates program is available to any recent college or trade school graduate! Perfect for those with little to no credit, our goal is to give recent graduates the opportunity to establish good credit!
Equipment Loans Need a little extra boost to help get ahead? Our Equipment Loans are structured to help you finance items, such as: • Lawn Mowers
We also offer Recreational Vehicle Loans for RV’s, Campers, Motorcycles, Side-by-Sides, Boats, and More!
• Tractors • Trailers • And more
Signature Loans We can extend unsecured credit to qualifying borrowers who need it for personal use. Our Signature Loans are offered for special promotions such as Vacation and Christmas Loan specials! Pole Barn Loans Looking to build a pole barn for personal use? Rather than requiring a mortgage on your real estate, we lend on the materials of the structure, giving you a quicker turnaround!
Share Secured We can extend credit secured by savings, checking, certificates of deposit, and money management accounts, and offer low-rate options!
Sallie Mae Smart Option Student Loan In partnership with Sallie Mae, we are pleased to offer an easy financial solution for college student loans. Whether you are attending undergraduate or graduate school, we have a student loan for you!
Small Loan Program & Credit Builder Loans
The Small Loan program is designed to educate our members on wise financial practices, while also doing what we were created to do - lend money back to our communities in a responsible manner. Providing financial education to our members is a core principle within Atomic Credit Union. A Small Loan is great for those purchases you need, but may not have enough cash on-hand. The My Credit Builder Loan Program is designed to provide another opportunity for new and existing members to establish, or re-establish, good credit! Great for when you need to save cash for a down payment on a car or home, or pay rent and utility deposits!
Apply For Your Atomic Credit Union Consumer Loan Today!
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C redit C ards Our Visa Platinum Credit Card is printed and ready for you to use in a matter of minutes at any of our branch locations! Same-day card issuance means you don’t have to wait for a card to arrive in the mail. Your credit card comes equipped with EMV Chip technology and 24/7 fraud monitoring! We offer three Visa Credit products:
Get rewarded for all your purchases! You earn 1 point for every $1.00 you spend. What can you do with your points? • Cash - Redeem your points for cash and direct deposit into your Atomic Savings or Checking in increments of $50.00. For every 10,000 points, you receive $50. • Merchandise - such as housewares, electronics, and jewelry. • Travel - redeem your points for travel gift cards to use towards flights, hotels, cruises, and more. • Gift Cards - Cash your points in for gift cards to Amazon, Apple, iTunes, Sunoco, Exxon, and more. • Rewards Mall - You can earn 1 to 10 points per $1.00 you spend with select merchants.
• Consumer Visa - available credit limits up to $25,000. • Secured Visa - to help establish or re-establish credit, we place a hold against the available funds in your share account as collateral for the approved credit limit! • Business Visa - to help run your business! Have multiple employees or departments? Each of your cards can have set credit limits. Register Your Card Online Want to see your available points, or browse reward options? Simply register your card online through www.atomiccurewards.com
• No Annual Fees • No Balance Transfer Fees • No Cash Advance Fees • Late fee up to $35.00 if payment is not made by card due date
Easy payment options are available for you! Pay online, on the mobile app, in your branch, or by mail. You can even set up recurring payments so you never forget to make a payment!
Lose your card? Simply log in to your mobile app or online banking to use the card on/off feature! Need cash? You can easily transfer money from your Atomic Visa to one of your Atomic accounts!
Scan to get your card!
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To avoid paying interest on purchases, pay your new balance by the due date each month. Payments are due on the 12th of each month.
M ortgage L oans & H ome E quity L ines of C redit We understand the value of homeownership. That is why we offer a variety of mortgage loan programs with competitive rates and flexible payment terms to help you achieve your goals. Whether you are purchasing, building, or making home improvements, we have a product suited to meet your needs.
Home Purchases & Construction Loans • Low down payment options • Competitive rates - fixed and adjustable • Terms up to 30 years • Escrow options available • No PMI options available • Up to 12-month construction term Refinance • Reduce your rate and/or term • Cash-out for renovations or remodeling • Debt consolidation • Up to 95% of appraised value • Competitive rates - fixed and adjustable • Terms up to 30 years
First-Time Homebuyer • Low down payment options • Down payment assistance • Competitive rates • Terms up to 30 years • No PMI required
Land Loans • No limitation on acreage • Low down payment options - As low as 5% down • Competitive fixed rates • Terms up to 30 years • Escrow options available • No PMI required
• Escrow options available • No PMI options available
Home Equity Lines of Credit • Up to 90% of appraised value • No annual fee • 10-year draw period (Interest only) • 10-year repayment period (Principal & Interest) • First or Second Mortgage options • No PMI
G et P re -A pproved T oday !
• Online application services • Fast pre-approvals • Competitive interest rates • Competitive closing costs
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B usiness S ervices No matter the size of your business, Atomic Credit Union has loan products and deposit accounts to fit your needs. Business Loans
Commercial Real Estate Are you in the market to buy commercial-use property or remodel your current holdings? We take time to listen to your needs and pair you with the Commercial Real Estate Loan that works best for your business. Your commercial project will go smoother with our flexible financing plans! • Ideal for purchases or refinances to accommodate the growth of your business • Often used for apartment units, commercial rentals, and multiple other commercial properties • Various repayment terms to fit your budget
Residential Investment Real Estate Are you looking to purchase or refinance residential investment property, which generates monthly rental income? Our loan is just what you need, and we offer flexible financing plans! • Often used for single-family rental units • Various repayment terms to fit any budget Equipment No matter your line of work or industry, we can help you get the affordable equipment financing your business needs. • All types of equipment, including tractors and machinery • Swift approval keeps you moving • Fixed terms and payments make budgeting easy Operating Lines of Credit Need short-term capital? Business owners often encounter cash-flow issues during the natural course of business, or during periods of heavy demand and growth. We can provide a good financial backup! • Variable rates • Terms are typically 12 months • Annual review ensures your Line of Credit remains a good solution
Construction and Development Our construction and development loans allow you to build and finance with terms that work for you. With our one-time closing, you’ll save thousands of dollars in closing costs and mortgage-related expenses! • Often used for residental housing for rent or sale, commercial use, industrial use, or similar uses
Vehicles We
understand dependable transportation for your ongoing business operations. Your customer’s satisfaction often depends on it. We can help you finance a car, truck, semi, or other specialty vehicle to support the importance of
your business and fit your budget! • Ideal for businesses of all sizes • Various terms to fit your budget • Fixed rates make budgeting easy
Letter of Credit Trying to establish credit with a seller of goods and/or servic- es? A Letter of Credit may be what you are looking for. This is a document issued by Atomic Credit Union that guarantees payment to a seller (beneficiary) of goods and services. • Typically secured by liquid collateral (shares) • 12 month term
Business Credit Cards A Business Credit Card can help keep your company’s expenses on track and obtain the buying power you need to operate your business successfully. With the Atomic Business Credit Card, you can have convenient access and earn reward points with every purchase! Every dollar spent earns reward points, redeemable for cash, gift cards, travel, merchandise and more! We have no annual fees and you can manage your account easily through the Mobile App and Online Banking! Our cards also feature EMV chip technology for enhanced security when making purchases.
I tems N eeded In order to process your application, we ask that you provide us with the information on the Business Loan Information Checklist, located on page 18. 11
Note Loan Our Note Loans help you purchase those big-ticket items when you don’t have the cash flow immediately available!
• Interest-only payments due at maturity • Terms range from 30 days to 12 months
Business Accounts
Savings The first Business Account you open at Atomic will be your primary savings. Your initial deposit of $5.00 will remain in your account as long as you are a member. Savings dividends are calculated using the average balance method, and dividends are paid on the last day of each quarter. Checking
Money Management Want more bang for your buck? Our high-interest savings account is the answer. With higher rates than a traditional account and no terms or penalties for early withdrawal, you get a great rate with anytime access to your money. • Minimum balance of $2,500
Once your Business Savings has been established, you then have the option of adding your checking account. There are no per-item fees for deposits or withdrawals! • Online and Mobile Banking, with Bill Pay • Business Debit Mastercard • Business employee Debit cards, with customizable purchasing limits • Merchant services, including card processing, check imaging, gift cards, and more
• Three free withdrawals per month • Higher balance = higher dividends • Online and Mobile Banking
• Direct deposit availability • Insured up to $750,000
Certificates of Deposit Whether you are working on a short-term or long-term savings plan, emergency fund, or saving for a specific expense, we can help you reach your goal! • Minimum deposit of $1,000 • Choose from 3-60 month terms • Dividends are paid monthly • Penalties apply for early withdrawal • Insured up to $750,000
Get Started Here
ACH Corporate Agreements Business account members are eligible to transmit payroll through ACH upon Upper Management approval. Simply reach out to your nearest branch or contact our Funds Management Department to draft a Corporate Agreement to meet the needs of your business. Payroll can be personalized through your business account based on exposure limits, frequency, and types of entry (credit or debit). Once the Corporate Agreement is completed and signed by both parties, the business account may begin initiating entries to their employees. The Corporate Agreement will provide the ODFI (Originating Depository Financial Institution) Processing Schedule, Authorized Signature Form, Holiday Schedule, as well as Direct Deposit Authorization forms for the business’ employees. A Transmittal sheet containing the settlement date, item amount, and total will be provided to the Funds Management Department for processing by the business member via email or fax based upon the frequency agreement. 12
A gribusiness S ervices At Atomic Credit Union, we understand the many agricultural activities that exist in the communities we serve. Let us help pair you with the loan product that works best for you and the cash flow of your operation, while providing multiple repayment options close to home.
Agribusiness Loans
Real Estate Are you in the market to purchase acreage for new farmland or refinance your current farm real estate? Atomic provides local underwriting that structures each loan to best fit your needs. We combine competitive interest rates with accommodating terms, such as monthly, quarterly, semi-annually, or annually!
Equipment & Vehicles Need to upgrade from a 2WD tractor to a 4WD? Maybe you need a vehicle to use on the farm to haul livestock? Whatever your needs are, we offer financing with convenient terms and fixed rates to ensure you have the equipment and vehicles your farm needs to grow!
Operating Lines of Credit Does your operation have your liquidity tied up? Need a quick boost to your cash flow? Our flexible operating loans are easy to use on a 12-month term with annual renewals available. You will receive unlimited draws and repayments with convenient online access 24/7.
Detached Accessory Structures If you are looking to build a small pole barn to store your hay or farm equipment, or a greenhouse for your produce, we structured this loan product just for you! We lend on the materials of the structure instead of requiring a mortgage on your real estate and third-party services, giving you a quicker turnaround! Limited to $50,000 or less.
Livestock and Crops Atomic Credit Union understands the cyclical nature of local agriculture when dealing with cattle, corn, beans, and more. Whether you are running a cow/calf operation or feeders, or rotating corn and soybeans in your fields each season, your process is repetitive. Our knowledge of the area’s agricultural industry allows us to take all of your assets into account when determining the best loan product for your specific circumstances. I tems N eeded Completed Agribusiness Application Personal Financial Statement Personal Tax Returns (previous 3 years) Current Paystub(s) Business Financial Statement We also offer Note Loans and Letters of Credit as part of our Agribusiness Services! Learn more about our Agribusiness services
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Business Tax Returns (previous 3 years) Income and Expenses (year-to-date) Business Plan (if applicable)
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L earn M ore
S tudent -R un C redit U nion P rogram In January 2011, Atomic Credit Union made history by establishing Ohio’s first elementary Student-Run Credit Union within Jackson City Schools, in Jackson, Ohio. Atomic now partners with over 70 schools in Southeastern Ohio.
Benefits of the Student-Run Credit Union Program • No minimum balance requirements or deposit amounts • First $2.00 provided courtesy of Atomic • Prizes for consistent deposits • ATM Cards available for students age 10+ • Checking account and Debit card available for students age 13+ • Provides students a hands-on experience in a financial setting
Our Objective • Provide financial education to students • Provide a service to our community
• Expands upon general curriculum • Impressive on college applications
• Create a new generation of wise savers and borrowers • Long-term relationships between the credit union and school districts How it Works A fully-functioning branch is set up within the school. With the assistance of Atomic employees, students operate the day-to-day function of a credit union, including accepting new member applications and processing deposits. Beginning in 5th grade, students can apply for a position at their Student-Run Credit Union. The student will proceed through a real-world interview process and be chosen for a position at their branch, which includes Branch Manager, Data Entry Clerk, Bookkeeper, Member Service Representative, and Teller.
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A chievements → Largest Student-Run Credit Union program in the nation → Over 5,000 student-run credit union members to date → 1st place DesJardin Youth Financial Education award winner
For a list of participating schools, and to apply for a Student-Run Credit Union membership, please visit our website at www.atomiccu.com
S cholarships
The Atomic Credit Union Scholarship Program was established to recognize and assist our high school student members who have a desire to further their education. Scholarships in the amount of $500.00 are awarded and disbursed among our participating Student-Run high schools, as well as two additional $500.00 scholarships to our membership at large. In 2023, Atomic provided $25,000 in scholarship money to 50 students in Southeastern Ohio!
Application Process The scholarship application period begins in October each year, and the deadline to apply is March 31st of the following year. The completed scholarship application, an official copy of the student’s high school transcript with ACT results and class rank, along with a handwritten essay per the application instructions, are to be submitted by the deadline in order to qualify. The completed packet can be hand delivered to a local branch, or sent via email to the email address outlined on the scholarship application.
Eligibility Requirements • The student/applicant must be an Atomic Credit Union member • Must be a current graduating senior of a high school or technical school • Minimum 2.5 GPA on a 4.0 scale • Plan to enroll, or be currently enrolled, in an accredited school of higher education, such as a college, university, business, or technical school as a full-time student
During the scholarship period, applications can be found online by visiting www.atomiccu.com or at any local branch.
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O ther A ccounts Escrow Trust Accounts for Attorneys (IOLTA), Real Estate Brokers, Auctioneers
The Application process begins with the applicant having a discussion with the Member Service Representative about the business and the expected transactions and services for the account, and providing an initial set documentation about the business, such as licensing, regulations/instructions relevant to the escrow account, the business’ incorporation certificate, confirmation of the EIN number, and the owners/officers of the company. Estate Accounts The application process begins with the applicant having a discussion with the Member Service Representative about the estate and the expected transactions and services for the account, and providing an initial set documentation about the estate, such as death certificate of the decedent, court order, and confirmation of the EIN number. Guardianship Accounts The application process begins with the applicant having a discussion with the Member Service Representative about the guardian and the expected transactions and services for the account, and providing an initial set documentation about the guardianship, such as the identification and Social Security Number for the ward and court order. Marijuana/Cannabis Accounts Atomic Credit Union provides account services to Ohio-licensed marijuana companies, their employees, and vendors, after completing additional due diligence as required by Atomic Credit Union Policy. Representative Payee (“Rep Payee”) Account The application process begins with the applicant having a discussion with the Member Service Representative about the beneficiary of the Social Security funds and the expected transactions and services for the account, and providing an initial set documentation about the rep payee, such as the identification and Social Security Number for the beneficiary and Social Security letter. Trust Accounts, Irrevocable The application process begins with the applicant having a discussion with the Member Service Representative about the trust and the expected transactions and services for the account, and providing an initial set documentation, about the trust, such as the full Trust or Memorandum of Trust, confirmation of the EIN number, and the Trustees and Beneficiaries of the trust. Trust Accounts, Revocable The application process begins with the applicant having a discussion with the Member Service Representative about the trust and the expected transactions and services for the account, and providing an initial set documentation, about the trust, such as the full Trust or Memorandum of Trust, confirmation of the EIN number, and the Trustees and Beneficiaries of the trust. 16
O ther S ervices Medallion Signature/Medallion Guarantee
Atomic Credit Union offers Medallion Signature/Medallion Guarantee services through its Regional Managers. Atomic Credit Union may in its sole discretion provide these services. Notary Public Atomic Credit Union offers Notary Public services through its Member Service Representatives. Atomic Credit Union may in its sole discretion provide these services. Power of Attorney Upon a member or agent contacting Atomic Credit Union to inform Atomic of adding a Power of Attorney to an account, information will be gathered by a Member Service Representative, including the Power of Attorney document. Atomic Credit Union may in its sole discretion honor or refuse to honor a Power of Attorney. Deceased Members Upon a person contacting Atomic Credit Union to inform Atomic of a member passing away, information will be gathered by a Member Service Representative or Member Relations Specialist, including the death certificate, contact information of the person notifying Atomic, court papers, and contact information for any other representatives or Attorneys assisting with the deceased member’s affairs. The deceased member’s account(s) will be reviewed, which may include filing any credit life insurance claims, determining account adjustments, asking for submission of and verify- ing the validity of required legal documents, determin- ing funds disbursement, and any other assistance we can provide.
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B usiness L oan I nformation C hecklist Thank you for contacting Atomic Credit Union regarding your business lending needs. We look forward to working with you to achieve success and growth for your business. In order to process your application and assist in the underwriting process, we respectfully ask that you provide us with the following information. Please read through the checklist carefully to ensure that correct and complete information is provided.
Completed Business Application Personal Financial Statement Personal Tax Returns (previous 3 years for all guarantors) Current Paystubs Business Plan, if applicable Business Tax Returns (previous 3 years) Year-to-Date Profit & Loss Statement, Balance Sheet, and current Debt Schedule for business
For Construction Loans Purchase Contract
For Auto/Equipment Loans Bill of Sale/Dealer Sheet
For Real Estate Loans Purchase Contract
Cost Breakdown Draw Schedule Building Plans Material Listing Insurance Quote
Copy of Title (if private seller) Verification of insurance or Insurance quote
Monthly rent charged $ Deed/Legal Description Insurance Declarations page or quote Real estate tax information
Please note that this checklist is designed to assist in gathering essential information. If any of the above items apply to your loan request but are not provided, additional follow-up contacts from your loan officer will be required and will delay loan processing. If there are any questions regarding the information requested in this checklist, please contact your loan officer at your local branch.
Thank you again for choosing Atomic Credit Union! Business Services Department
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H ow Y our F unds are I nsured Federally insured credit unions offer a safe place for credit union members to save money!
NCUA - National Credit Union Administration All deposits at federally insured credit unions are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor. Credit Union members have never lost a penny of insured savings at a federally insured credit union. Additional information on NCUA Share Insurance Coverage is available at www.MyCreditUnion.gov ESI - Excess Share Insurance At Atomic Credit Union, accounts exceeding the maximum level of coverage provided by NCUA are also insured up to an additional $500,000 by ESI. All savings, checking, and certificate of deposit accounts held by the same member are added together and insured up to $250,000 by NCUA and an additional $500,000 by ESI, for a total of $750,000. Joint accounts and IRA accounts are insured separately, but also have $250,000 of coverage by NCUA, and $500,000 of coverage by ESI, for a total of $750,000.
Coverage Per Member with Excess Insurance Example Only
ACCOUNT TYPE Individual
NCUA COVERAGE $250,000 $250,000 $250,000
ESI COVERAGE $500,000 $500,000 $500,000
TOTAL INSURED $750,000 $750,000 $750,000
Joint
IRA
Equal Housing Opportunity Lender Under the Fair Housing Act, it is illegal on the basis of race, color, national origin, religion, sex, handicap, or familial status (having children under the age of 18) to: Deny a loan for the purpose of purchasing, construction, improving, repairing or maintaining a dwelling, or deny any loan secured by a dwelling; or Discriminate in fixing the amount, interest rate, duration, application procedures or other terms or conditions of such a loan, or in appraising property. If you believe you have been discriminated against, you should send a complaint to:
Assistant Secretary for Fair Housing and Equal Opportunity Dept. of Housing & Urban Development Washington, DC 20410
For processing under the Federal Fair Housing Act to:
National Credit Union Administration Office of Examination and Insurance 1775 Duke Street Alexandria, VA 22314-3428
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G et I n T ouch Call Center - 800.652.2328 Monday through Thursday 8:30 AM - 5:00 PM Friday 8:30 AM - 6:00 PM Saturday 8:30 AM - 1:00 PM Closed Sunday
Teller Phone - 800.652.2328 Automated Voice Response/Touch Tone System Available 24/7
F ollow U s O n S ocial M edia
Mailing Address Atomic Credit Union 711 Beaver Creek Rd. Piketon, OH 45661
www.atomiccu.com
B ranch L ocations
Branch Hours Mon. - Thurs. 8:30 AM - 5:00 PM | Fri. 8:30 AM - 6:00 PM Sat. 8:30 AM - 1:00 PM
Athens 920 E. State St. Beaver 5751 Beaver Pike Chillicothe 1326 N. Bridge St. 1285 Western Ave.
Jackson 498 McCarty Ln. Logan 680 W. Hunter St. Lucasville 75 Jackson St. Minford 8935 SR 335 Oak Hill 107 N. Jackson St.
Portsmouth 2741 Scioto Trail
Washington Court House 1501 Columbus Rd.
Waverly 190 Waverly Plaza Wellston 109 N. Ohio Ave. Wheelersburg 7700 Ohio River Rd.
Circleville 130 Crites Rd.
Hillsboro 583 Harry Sauner Rd. COMING 2023
Piketon 711 Beaver Creek Rd.
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