What You Need to Know.
 Blog Article: May 13, 2021

Welcome to the Plus Membership Plan! You have now unlocked benefits like special rate incentives and qualification to the one and only Patronage Dividend* in El Paso! Not to mention that as a Plus member, you will no longer incur certain service fees on your account.

Remember that evolve FCU is a cooperative, which means that it is owned and managed by its shareholders. That includes you! As a Plus member, your contributions to the credit union create financial opportunities for you, stakeholders, and the credit union.

Let us take a closer look into the evolve FCU Membership Plan and the transition from Basic to Plus.

You can see that leveling up a tier makes a significant difference in your overall plan. Members in the Plus tier have a combined household average of $5,000 - $25,000 in loans and/or shares at evolve FCU. Moving forward there will be no charge (N/C) for your monthly checking account, nor will you be charged a fee for balance inquires by phone.

What about the Rate Incentives?

The Plus membership plan offers you two distinct rate incentives:

The first is .10% off loans. Say you refinance your vehicle loan with evolve FCU and qualify for a rate of 2.45%. With your Plus membership, you will receive an additional .10% off, bringing your new rate down to 2.35%.

The second Plus rate incentive is .10% added to CD rates. This means that if you open a 60-month boost term share, which offers an interest rate of .65%, we will add your rate incentive for a total earning interest rate of .75% for your CD.

This Plan is Definitely a PLUS!

Members are not like cookie-cutters; they each have different financial needs and stories. A Plus member climbed into this tier because maybe they got an evolve FCU auto loan of over $5,000 or have over $5,000 in a savings account. A Plus member may have a personal loan with our credit union to consolidate debt. There are many different combinations of loans and shares that will qualify you as a Plus member, but each individual story comes with the added benefits!

We invite all our Plus members to familiarize themselves with their plan and the incentives. A great way to accomplish this is by visiting our blog page where you will find information about the Patronage Dividend and articles about our online services. You can also utilize the evolve FCU Auto, CD, Loan Comparison and Debt Consolidation Calculators.

There are two more tiers left to explore in the Membership Plan, the Platinum and Diamond Elite. You have seen what the benefits are in the Plus tier, wait until you see what they are as you continue climbing up!

How Do You Move Up to a Platinum Tier?
  • Financing your household auto loans with evolve FCU for a combined loan amount of more than $25,000.
  • Establishing your Money Market accounts totaling more than $25,000 at evolve FCU.
  • Having multiple products with our credit union, such as an auto loan and a money market account with a combined total of more than $25,000.

For more information about your membership or account, please reach out to our eBanking Center at 915.593.5866 and they will be happy to assist you.

*The Board of Directors must approve the distribution of the Patronage Dividend each year. Visit our website at otdumd.xgcr.net at the Patronage Dividend icon for Eligibility Criteria. Not all primary members will receive a dividend due to non-qualifying factors. Refer to the Membership Plan – Fee Schedule for fees of all membership plans. evolve FCU is Federally Insured by NCUA.

Upcoming Blog: Platinum Membership Plan