Co-op Points Disclosures & Details
Disclosures
**Interest paid on Mortgages, Student Loans, Visa® Credit Cards, and Commercial Loans do not earn Co-op Points at this time. Points are awarded at the end of every statement period. Interest and dividend Points began accumulating on 1/1/06. Points are earned on the whole dollar only; there is no "rounding up."
† Rate buy-down excludes all lines of credit, Mortgages, Student Loans, Visa® Credit Cards, and Commercial loans.
‡ Some priced services cannot be waived using Co-op Points. Ineligible priced services include but are not limited to mortgage discharges, credit card charges, abandoned property and inactivity charges, and ATM transaction charges. See the member and business service prices schedules for a complete list.
§Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.