Plant your money at Toro Credit Union and watch it grow.

September 2023 eNews

QUICK LINKS

FINANCIAL RESOURCES

DEPOSIT RATES

Toro College Scholarship Program
Toys for Tots - You can make donations to Toys for Tots at the credit union between now and December 15th.
Melrose/Hoffman Employee Critical Needs Fund
United Way

Make donating part of your financial life.

Questions

What is a No-Penalty Certificate of Deposit?

A No-Penalty Certificate of Deposit doesn't charge a withdrawal penalty for money taken out before the CD term expires. This provides flexibility and convenience for those looking for short-term investments in a secure way. Like traditional CDs, No-Penalty CDs are fixed-rate accounts over a specified time period.

How does a No-Penalty Certificate of Deposit work?

A No-Penalty Certificate of Deposit functions just like a regular CD, with the main difference being that there is no Early Withdrawal Penalty. Toro Credit Union is currently offering a 4.50% APY* Certificate of Deposit with a ONE-TIME PENALTY FREE withdrawal if you need to withdraw funds once during the six-month term. The greatest benefit of No-Penalty CDs is not having to worry about fees when or if you need to withdraw funds from your account during the term.

How do I invest in a No-Penalty Certificate of Deposit?

Login to It'sME247 Online Banking
Click "New Accounts"
Click "See Available Certificates"
Click "Purchase Online" on the same line as the type of certificate you wish to purchase.

Certificate of Deposit

New Deposit Rates

Shared Branch

With CO-OP Shared Branching you can access your Toro Credit Union accounts nationwide at affiliated credit union branches in over 5,600 locations around the country FREE of charge.

Deposit cash
Withdraw cash – limits vary by location
Transfer between accounts
Deposit checks
Purchase official checks and money orders

Locating a CO-OP SHARED BRANCH is simple:

Visit Co-opsharedbranch.org
Call 1-888-748-3266
Download the FREE App

Questions

Personal Credit Cards - Choosing the right credit card is easier than ever. Whether you want to pay down balances faster, maximize cash back, earn rewards, or begin building your credit history, we have the ideal card for you!

Business Credit Cards - Choose from our popular business credit card options, such as low rate, cash back, or flexible rewards, to find the one that works best for your business.

Credit Cards

*Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardholder must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply. The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc., and Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Become a Member

Pay My Loan

It’s easy and convenient to make your loan payments with your credit card, debit card, or your bank account.

Make a one-time or recurring payment using another institution’s credit or debit card. There is a $2.00 plus 2.60% of the payment amount fee for this service if you pay by debit or credit card. Visa Credit Card not allowed by VISA.
Make a one-time or recurring payment using your checking or savings accounts at other financial institutions. There is no fee from a checking or savings account.
Make a loan payment using your Toro Credit Union checking or savings account by logging into I t'sMe247 Online Banking. It’s FREE! If you’re a first-time user, you’ll need to know your Toro Credit Union account number and loan ID number.

All payments will be posted to loans in approximately two business days.

Questions

Manage My Cards

Managing and protecting your cards is easy when you use the “Manage My Cards” feature of the Toro Credit Union Mobile Banking App!

Temporarily turn cards off and on if misplaced
View card transactions and balance
Setup activity alerts
Report a lost or stolen card

Manage My Cards

The best way to protect your information from scammers? Recognize a phishing scam

Scammers know how valuable your personal and financial information is — and they’ll do or say almost anything to get it. What can you do to keep it safe?

The best way to protect your info from scammers is to recognize a phishing scam, but how do you know what to look for? Here’s an example.

Say you get an unexpected text, email, or call that looks like it’s from a company you know, like Microsoft or Apple. They claim there’s a problem with your account and say you need to click a link or call a number to update your info as soon as possible. They might even say they’ve noticed suspicious activity or log-in attempts on your account. The alert may seem like it’s coming from a company you know, but it’s a scammer who wants to steal your info — which could lead to identity theft.

Here’s how to keep your info safe from scammers:

Don’t give your info to anyone who contacts you out of the blue. Honest organizations won’t call, email, or text to ask for your info, like your Social Security, bank account, or credit card numbers.
Don’t click on any links. If you get an email or text from a company you know and do business with, contact them using a website you know is real. Or look up their phone number — but don’t call a number they gave you or the number from your caller ID.
Update your security software. This will protect your computer and phone from security threats, which could expose your personal or financial info to scammers.

Federal Trade Commission Consumer Advice Article

Save on Insurance

If you haven't compared auto or home insurance rates lately, it's a great time to take a look. Your credit union membership could result in some nice savings.

Discount Insurance

Discounted Extended Warranty Coverage

A vehicle is a huge investment. With all the computer and electronic parts in today’s vehicles, one mechanical repair can often end up costing several thousands of dollars. In order to keep you on the road, we have partnered with Route 66 to offer an extended warranty that comes loaded with benefits that you don’t usually get with a warranty from a dealership. Route 66 warranties are often cheaper than dealership offerings, and there is no deductible.

Plus, you can choose any certified mechanic you’d like and aren’t forced to take your car to the dealership every time it needs repairs. Also, the warranty is transferable, which makes your car worth more money at resale.