receive your monthly or quarterly statements online.
View up to 12 months worth of statements. Save your
statements to your hard drive. It’s convenient and
incredibly practical, safe and secure.
of Credit and save yourself the extra expense, not to
mention the headache of writing more checks than your
checking account balance will cover.
Bill Pay
With ESI, your savings are now insured to at least
$500,000.
Paying CMP? Writing the dollar amount and account
number on your check, then mailing it? Too much time,
too much work! With our Bill Pay service you are able to
pay CMP with just a couple of clicks, plus the amount
you wish to pay. It’s that simple. Pay your phone bill, your
dentist bill, pay the man who does your snow plowing. If
a vendor accepts a check and has a U.S. postal address,
then with a few simple clicks, your payment is done. This
service is another member benefit that is free of charge.
Shared Branching
Because you are a Rainbow FCU member, you are
able to travel almost anywhere in the United States and
handle most of your financial business at nearly 5,000
participating Shared Branching credit unions. For more
information on shared branching, access our web page.
SurF Alliance
This is another member benefit that provides fee free
ATM use throughout Maine. There are more than 160
Credit Union locations in Maine that are linked to the
SurF Alliance network. Information on the SurF Alliance
can be accessed on our home page.
CO-OP Network
There are over 28,000 fee free ATMs available to our
members. This is one of the largest credit union only
ATM networks in the country. The CO-OP provides
surcharge-free access, which includes 9,000 deposittaking and 5,500 7-Eleven locations throughout the U.S.
and Canada. You are able to access the CO-OP Network
web site from our home page. You are also able to
download the database directly to your GPS.
Checking
We offer a variety of checking accounts, including
interest bearing and fee free, and a unique feature is
that money can be automatically transferred from your
savings account (providing your savings account balance
does not fall below the $25 minimum) to cover a check
that may otherwise be returned as insufficient.
Teller-Phonesm
Access your accounts, transfer funds, make a loan
payment and more, 24 hours a day from wherever you
are via a touch-tone phone, all at no cost to you.
Overdraft Loan
Over tired of overdrafts? Sign up for an Overdraft Line
ESI – Excess Share Insurance
Because Rainbow FCU
qualifies for this extended
coverage, your savings
(when combined with our standard $250,000 of NCUA
insurance) are now insured up to $500,000. Individual
Retirement Accounts are insured separately and also
qualify for the additional $500,000 of protection.
Member Privilege
With Check 21 now in effect, checks are clearing faster
than ever before, and the possibility of not having
adequate funds in your checking account is higher
than ever before. If you qualify, Member Privilege can
provide up to $400 to cover your funds in the event you
have miscalculated your balance. Each time Member
Privilege advances funds to cover checks, your account
is assessed a fee. Member Privilege remains available
as long as you consistently replenish your checking
account.
Medallion Signature Guarantee Program
When you need a signature guarantee on a document
such as a stock sale, name change, etc., both Monique
Gagnon, Executive Vice President, and Philippe Moreau,
President and CEO, are registered to offer you this
service. They are located at the Main Street, Lewiston
office and the Washington Street, Auburn office.
Locations and Phone Numbers
381/391 Main Street, Lewiston · 207-784-5435
20 Washington Street, Auburn · 207-783-0351
One Lewiston Street, Mechanic Falls · 207-346-3001
172 Pine Street, South Paris · 207-743-5410
Lobby Hours
Monday –Friday 9:00 a.m.– 5:00 p.m.
Saturday 9:00 a.m.– Noon
Main Street, Lewiston, Mechanic Falls, and
South Paris lobbies are open on Saturdays
Drive-Up Hours
381 Main Street, Lewiston
20 Washington Street, Auburn
One Lewiston Street, Mechanic Falls
172 Pine Street, South Paris
Monday–Wednesday 8:00 a.m.– 5:00 p.m.
Thursday 7:30 a.m.– 5:00 p.m.
Friday 7:30 a.m.– 6:00 p.m.
Saturday 7:30 a.m.– Noon
Loan Office Hours
391 Main Street, Lewiston
Monday - Friday 8:00 a.m. - 5:00 p.m.
Saturday 8:00 a.m. - Noon
Consumer loans are now available at our loan
departments in Lewiston, Mechanic Falls, Auburn
and South Paris locations.
Products
and Services
24-Hour ATM Machines
All Rainbow locations have
24/7 ATM facilities.
Visa Gift Cards
Visa Gift Cards are offered in values from $25.00 up to
$1,000.00, and they make the perfect gift. No need to
wonder about size, color or appropriateness. Shopping
for holidays, birthdays, graduations, anniversaries, or any
occasion just became simpler with the Visa Gift Card –
welcomed wherever Visa Debit Cards are accepted.
Other Services
Rainbow FCU has many other services, which include:
·Night Deposit
· Money Orders
·Wire Transfers
· Safe Deposit Boxes
·Free Notary Service
·Loan Protection Insurance
·GAP Insurance
·free4ME Checking
Federally Insured by NCUA
FEDERAL CREDIT UNION
REV 11/13
www.rainbowfcu.com
Savings
The advantages of being a
member of Rainbow keep
growing as we continue to
expand our wide variety of
products and services.
Rainbow Federal Credit Union has prided itself on
staying ahead of the curve when it comes to technology,
and you will see that reflected in the quality of products
and services listed here. All are intended to make your
life a little bit easier.
Today at Rainbow
•Your deposits are insured up to at least $500,000. •You are able to transact most of your Rainbow
business at nearly 5,000 Credit Union locations
throughout the United States via the Shared
Branching Network. Over 150 locations are located
in Maine.
•You are able to enjoy the benefits of fee free ATMs
at over 28,000 locations in the U. S. and Canada
through the Co-Op Network.
•With Home Banking or Teller-Phone, you have access
to your accounts from anywhere in the world.
•The additional benefits of Internet access will include
E-Statements, E-Alerts and Bill Pay. These services,
along with Home Banking and Teller-Phone, are all
services that are free to our members.
Even more important at Rainbow, the people who serve
you care about your business and your satisfaction.
Over half of our staff have been with Rainbow for ten or
more years. They take pride in their work, in this credit
union and in the members they serve.
Since becoming chartered in 1956, Rainbow FCU
has been one of the fastest growing credit unions in
Androscoggin and Oxford Counties, from three original
employees at one location to over 50 full and part time
employees at four branches.
Rainbow FCU has many savings options, which include:
·Savings Accounts
·Club Accounts
·Individual Retirement Accounts (IRAs)
· Traditional IRA
· Coverdell ESA
· Roth IRA
· Certificates
Saving money is wonderfully easy at Rainbow Federal
Credit Union because we offer you so many different
options, including the ability to have your money
deposited directly into the savings products of your
choice.
When you visit one of our branches, you may hear us talk
about your SHARE account—that’s credit union language
for your SAVINGS account—but no matter what you
call it, our savings products will add up for you. Please
reference our web page for the most current rates on
savings accounts, certificates, and IRAs.
Loans
Car and Truck Loans
Whether you’re ready to buy a brand new set of wheels or
the perfect used vehicle, you will find our loan terms to be
extremely favorable. Extended terms, 100% financing are
all available as well as our popular GAP Plus Coverage.
RV, Motorcycles, and Boat Loans
Whether you’re out on the open road or the open water,
you’re sure to find a loan rate that will complement your
passion. We appreciate that you enjoy life, which is why
we provide the lowest rates possible so that you can have
the best possible time.
Please reference our web page for the most current loan
rates. You are also able to apply online for any of our
consumer products.
Mortgage Loans
Whether you are a first-time or seasoned home buyer,
your best interest is our very first priority. We have
a variety of terms and payment options available,
including Bi-Weekly payments (see below for more
information on this program). We will create a home
mortgage that you will be comfortable with. If you
find that you cannot get in to our office for the initial
application, you can submit your mortgage application
through our online application. This resource can be
found on Rainbow’s home page and is a convenient
way to get you started on home ownership.
CU Promise Home Loans
The CU Promise loan was created because you deserve
a home finance option you can count on. CU Promise
offers three guarantees, same day decision, guarantee
closing date and guarantee local servicing. The CU
Promise loan comes in two variations: CU Promise
97 and CU Promise 90. The biggest difference is the
amount you need for a down payment. You’ll need 3%
down for the CU Promise 97 and 10% down for the CU
Promise 90. There are some other differences, too, so
be sure to take your time to understand each option.
This type of loan is serviced through CU Promise Homes
Loans for Maine.
Bi-Weekly Mortgages
With our low fixed rate 30-year or 15-year Bi-Weekly
Mortgages you are able to pay down your mortgage
much faster, while quickly building equity. On average
a 30-year mortgage will be paid off in just over 25 years.
This type of mortgage is serviced by CUSO Mortgage,
Inc., a trusted partner to credit unions since 1986.
Home Equity Loan
Our low-rate Home Equity loans allow your home to work
for you. The difference between what you owe and the
value of your home is considered your equity. We have
several Home Equity loan packages for you to consider.
Visa® Credit Card
Our members may now take advantage of a great new
credit card program, provided by First National Bank.
There are various options and opportunities in this
program depending upon your personal preferences and
lifestyle. The annual interest rates are low and there are
no annual fees.
Visa® Debit Card
With this Debit Card from Rainbow, the complexities of
life seem to fade away … With this one card, you can
leave the checkbook, the extra cash and credit cards at
home while you go from the dry cleaner, to the dentist,
the gas station, to lunch, to picking up groceries on
your way home. There are thousands of ways your Visa
Debit Card from Rainbow will convenience you, and
your purchases will be deducted from your checking or
savings account. Not only does it simplify your day, but
you may also use this card as your ATM card. Through
the Co-Op Network there are over 28,000 fee free
ATMs in the U.S. waiting to serve you. Visa Debit Card
is accepted wherever Visa is accepted.
Home Banking
Home Banking is the ultimate in expedience and control
over your funds. Whether you use it for your home or
your business, Home Banking from Rainbow FCU is
a convenient way to interact with and manage your
financial information. With our online services, you can
access your accounts anytime, day or night. With Home
Banking you may use your computer to perform many
personal banking functions from the comfort of your
home, the office or even on the road. Your access is via
the Internet, so there will be no need to install or learn
any special software. You simply point and click to begin
your account transactions.
In addition to your primary account(s), you can transfer to
other accounts in which you are the joint owner.
To enroll, you simply need to go online to www.
rainbowfcu.com.
The primary account holder must fill out and sign the
application. This service is safe, secure, and free to all
Rainbow members.
With Rainbow’s HOME BANKING you will enjoy the
following conveniences:
· Obtain current account balances
· View account histories
· Make transfers between accounts
· Apply for consumer loans
· Request a check
· Download transaction history into personal
financial software (Intuit Quicken)
· Obtain tax information
· Obtain direct deposit information
· Communicate with Rainbow via email
· View cancelled checks
Mobile Banking
· Must be signed up for home banking to access mobile banking
· For best results, search for “Rainbow FCU” and download the app to your smart phone or tablet
· Access your banking anywhere, anytime, on the go!
· Text access available
Direct Deposit
Simplify your life by depositing your paycheck, Social
Security check or any other regular payment directly into
your savings or checking accounts. No more worrying
about a lost or stolen check. Your funds are deposited on
time, for your immediate use.
Payroll Deduction
Automatically deposit funds on a regular basis from
your paycheck into your savings, checking, club or
IRA accounts or make a loan payment, with payroll
deduction. Enjoy peace of mind knowing that you’ll
never miss a deposit or payment.
E-Statements
If you have home banking and an email address, you
can follow the online instructions within home banking to
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