Eligibility
To join the credit union, you must meet the membership requirements as set forth in the credit union's Bylaws or established from time to time by the credit union's Board of Directors. You authorize us to check your account, credit, and employment history, and obtain reports from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request.
You are eligible for membership if you fit into the following categories:
Member can be up to a maximum of 10 miles outside Tyler City
City of Tyler Employee (Full or Part-time)
North East Texas Public Health District Employee
Seal Corporation Employee
TeleTouch Employee
Global Mailing Employee
Anyone who lives, works, worships or attends school in Smith County
Family member of the previously mentioned employees
How to Join
Once eligibility is verified, we will require two forms of identification.
One should include your picture, description, and signature. (i.e. Driver's License)
The second must be your Social Security Card
$26 is required on the day you open up an account. There is a $1.00 new account fee, and $25.00 is your "share" of the credit union. This $25.00 is non-refundable ONLY if you close your account before one year.
Funds Availability
This disclosure describes your ability to withdraw funds at Tyler City Employees Credit Union. It only applies to the availability of funds in transaction accounts. The credit union reserves the right to delay the availability of funds deposited to accounts that are not transaction accounts for periods longer than those disclosed in this policy. Please ask us if you have a question about which accounts are affected by this policy.
General Policy.
Our policy is to make funds from your cash and check deposits available to you on the next business day after we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 3:00 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 3:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
Reservation of Right to Hold.
In some cases, we will not make all of the funds that you deposit by check available to you on the next business day after we receive your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first $200.00 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the next business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the next business day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.
Longer Delays May Apply.
We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons:We believe a check you deposit will not be paid.You deposit checks totaling more than $5,000 on any one day. You deposit a check that has been returned unpaid.You have overdrawn your account repeatedly in the last six (6) months.There is an emergency, such as failure of communications or computer equipment.
