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Webster defines a relationship as : the state or quality of being related, a connection.
A relationship is what we are asking from you, a connection.
Effective June 1, 2002, RCMFCU will require those members 18 years of age or older and those members under the age of 50, to have a relationship with us.
That relationship will be defined as having one or more of the following connections:
- $200.00 minimum savings balance
- an active checking or grand account
- $1000.00 minimum certificate of deposit (CD)
- $1000.00 minimum loan balance
If your current account does not classify you as having a relationship, a $5.00 monthly fee will be deducted from your savings account.
The entire concept is to reward our members who currently have a relationship with the credit union and to encourage savings behavior for those who have yet to establish a relationship. The Management, Board of Directors and Staff of Rapid City Medical Federal Credit Union are confident that by having a relationship with each and every member, we can serve all of our current members more efficiently and produce a new generation of members, who like many of you, have chosen to make Rapid City Medical Federal Credit Union their primary financial institution.
Thank you to those members who have grown their relationship with us over the years and for those of you who have questions or concerns about the relationship requirements please call our main office at 605-342-7776 with any questions or comments.
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