Fedex Employees Credit Association Credit Union is a full-service financial institution where members can find just about any product or service that big banks offer. That includes a variety of deposit accounts and loan options.

If you’ve been considering joining Fedex Employees Credit Association, you probably want to know what kind of rates they’re offering right now. Below is a list of the credit union’s interest rates for savings, CDs, auto loans and more.

FECCA Deposit Account Rates

Whether you’re building up an emergency savings or have a long-term strategy in mind, one of these accounts is sure to meet your needs.

Share Savings Account Rates

It’s required that all members of the credit union establish membership by opening a share savings account. This account serves as the entry point to all of the other financial products and services the credit union offers.

$500 – $999.99: 0.03% APY
$1,000.00 – $2,999.99: 0.08% APY
$3,000.00 or more: 0.10% APY

CD Rates

The minimum deposit required to obtain these rates is $10,000. Early withdrawals are subject to a penalty.

6 months: 0.50% APY
12 months: 0.70% APY
24 months: 0.90% APY

Money Market Account Rates

$5,000 – $9,999.99: 0.20% APY
$10,000 – $24,999.99: 0.30% APY
$25,000 or more: 0.50% APY

Loan Rates at Fedex Employees Credit Association

The interest rate on your loan is just as important, if not more so, than the one on your bank account. The higher your rate, the more you’re going to have to pay in interest in addition to repaying the amount you borrowed. That’s why, whether you’re buying a car or a house, getting the lowest rate possible on your loan should be your top priority.

Auto Loan Rates

100% Financing–New
24 – 72 months: 3.99% – 11.99% APR
73 – 84 months: 5.99% – 12.99% APR

90% Financing–New
24 – 72 months: 4.99% – 12.99% APR
73 – 84 months: 6.99% – 13.99% APR

100% Financing–Used
24 – 72 months: 5.99% – 13.99% APR
73 – 84 months: 7.99% – 14.99% APR

Home Loan Rates

HELOC
80% Financing or less, term of up to 15 years: Prime + 1% – Prime + 2%

Home Equity Loans
80% financing, term of up to 15 years: 6.50% – 8.50% APR

Land Loans
Term of 10 years: 7.25% APR

Lot Loans
2 Year Term: Prime – Prime + 2%
5 Year Term: Prime + 1% – Prime + 3%

These rates are accurate as of July 19, 2011, but are subject to change at any time. Only members of Fedex Employees Credit Association are eligible to obtain these offers, and may be subject to additional requirements and credit eligibility. Contact the credit union directly for more information and visit Memphis Credit Unions to see rates from other not-for-profit financial institutions nearby.

There are numerous benefits to becoming a member of the FEDEX Employees Credit Association if you qualify to do so. As a local Memphis credit union, FECA is committed to supporting the community through affordable rates on loans, higher rates on deposits and special perks that can’t be found anywhere else. Let’s take a look at some of the special offers this credit union has to offer today.

Skip a Payment

Surprises happen, but when it comes to finance, they’re rarely welcome. FEDEX Employees Credit Association understands this, so when an unexpected financial emergency pops up, go ahead and skip that loan payment until next month. Right now, you can still skip the qualifying loan payment of your choice for June, July, or August.

There is a fee of $25 to skip a payment and only one month may be skipped per loan.

Lower Rates and Extended Payment Terms on Auto Loans

If you’re been thinking about buying a car but have been hesitant, FEDEX Employees Credit Association is making it easy. They’ve recently dropped interest rates on all new/used motorcycle, boat, and RV loans. They’re currently offering 2% off regular auto loan rates for a limited time. Plus, there’s no payment due for 60 days.

Additionally, the credit union is providing even greater flexibility when it comes to car loans of a smaller amount. They’re extending payment terms for lower financed amounts, which allows you to reduce your monthly payments. For even greater savings, refinance a loan from another financial institution and get 1% off the approved loan rate.

Courtesy Pay Service for Debit Cards

Anyone who’s ever accidentally charged more to their debit card than what actually exists in their account knows the embarrassment of being denied at the register. As of April 1, FEDEX Employees Credit Association is offering overdraft protection for debit card transactions. You will be charged a $30 fee each time your account goes into the negative, unless you’re overdrawn by less than $5. In that case, there’s no fee!

Please note these rates and specials are effective as of June 7, 2011, but are subject to change at any time at the discretion of the credit union. Offers may be subject to additional conditions and requirements. You must be a member of the credit union to obtain these offers.

Founded in 1974, FedEx Employees Credit Association was founded for employees of FedEx and their families. The institution offers share and loan products, competitive rates and REX online services. FedEx Employees Credit Union has eight branch locations and 22 ATMs.

FedEx Employees Credit Association Routing Number

FexEx Employees Credit Association’s routing number is: 284084350. You can also find the number on the bottom of your checks. 

FedEx Employees Credit Association Online Banking and Login Info

To log into your online account with FedEx Employees Credit Association, enter your REX Id and password at this uRL: https://www2.netteller.com/cm2008/Authentication/Views/Login.aspx?fi=fecca2&bn=0bb995e31c1ffc96&burlid=9216190f78ac2fab

Membership at FedEx Employees Credit Association

Membership is open to people employed with or retired from The FedEx Corporation. Immediate family members are also encouraged to join, including parents, siblings, grandparents, grandchildren and house members of FedEx employees.

FedEx Employees Credit Association Branch Locations and Hours

Main Branch
2124 Democrat Road
Memphis, Tennessee 38132
Mon – Thurs
8:05 am – 4:30 pm

Fri
8:05 am – 5:30 pm

Fri – Drive Thru
7:30 am – 5:30pm

Cordova
8115 Country Village Drive
Cordova, TN 38016
Mon – Thurs
8:05 am – 4:30 pm
Fri
8:05 am – 5:30 pm
Sat
9 am – 1 pm

World Headquarters
3670 Hacks Cross Road
Building G
Memphis, Tennessee 38125
Mon – Fri
8 am – 4:30 pm

Indianapolis, Indiana
3724 South High School Road
Indianapolis, Indiana 46241

Mon – Thurs
8 am – 4:30 pm
Fri     7:30 am – 4:30 pm

Harrison, Arkansas
2200 Forward Drive
Harrison, AR 72601
Mon – Thurs
8 am – 4:30 pm

Los Angeles, CA
740 N. Sepulveda Blvd.
El Segundo, CA  90245
Mon – Fri
8:05 am – 4:30 pm
Pittsburgh, Pennsylvania

1000 FedEx Drive
Moon Township, PA 15108
Fri     8 am – 5 pm