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Product Changes Offer Clear Choices

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October 1 was an important day at Family Trust, where we’re launching changes that make it easier for you to select the products that best suit your needs.

Here’s a quick review:

Prime Times Checking: This checking account was retired Oct. 1. Consider upgrading to our new Premier Choice Checking, which includes free IDProtect, interest on your checking balance and debit awards. We’ll waive the $10 monthly fee with a combined deposit balance of $10,000+.

Our basic True Choice Checking offers one free check order for members age 60 and over, and ATM perks for members under age 25.

Debit Awards: Members who love Awards points can earn them three times faster with Premier Choice Checking. You’ll earn one point for every $1 spent in a signature transaction.

Debit Awards points have been eliminated from other checking accounts although the expiration date and value of points you’ve accumulated will not change. Accumulated points are good for three years from purchase.

A Platinum credit card also earns one Awards point for every $1 spent. All points can be combined for cash, gift certificates and travel. You have options.

PayBack Savings: Now you decide how to qualify for our high-yield PayBack Savings and IRA PayBack Savings. Beginning Oct. 1, you can qualify by meeting four of six requirements. They are:

• Personal checking with 10 signature transactions per month with a debit and/or credit card 1
• Active online or mobile banking2
• Direct deposit3
• Active consumer loan4
• Mortgage loan5
• Active credit card6

PayBack offers competitive tiered dividend rates. When you qualify, we’ll also refund non-Family Trust ATM fees four times a month. We’ve eliminated gift cards as a PayBack benefit although they’ll be available free for everyone in November and December.

1 Must meet four out of six qualifications each dividend period to earn the PayBack rate. If qualifications are not met, the rate earned will be equal to current prime share and IRA share rate respectively. (1) Must have a personal checking account in good standing (checking account exclusions: Business Checking and HSA Checking). And use a debit card and/or credit card as signature-based transaction a minimum of 10 times per month. Debit and credit card transactions must post and clear the account in order to be counted in the current cycle. Debit and credit card transactions processed as PIN-based or at the ATM do not qualify. (2) Must log in to online banking or mobile banking at least once per month to be considered active. (3) Must have a monthly ACH direct deposit of at least $100. (4) Active consumer loans include auto loans, personal loans, home equity loans, or home equity lines of credit. Must have at least one transaction per month to be considered active. A transaction is defined as a payment, purchase, cash advance, or balance transfer. (5) Mortgages originated with Family Trust, whether serviced or sold will qualify. (6) Must have at least one transaction per month to be considered active. A transaction is defined as a payment, purchase, cash advance, or balance transfer.