My Points

We appreciate your membership! To prove it, every month you earn points based on your participation in the credit union. From the accounts you open to the types of transactions you do every day…the more you do with your credit union, the more points you’ll earn! And the more points you earn, the more rewards you get, from special rates to waived fees (and more)!

How Do I Get Points?

At the beginning of every month we take a look at your activity and participation with the credit union over the previous month. We look at things like what accounts you have, your overall account balances and status, services you’ve used over the month like direct deposit of your paycheck or online banking, and enrollment for special services like e-Statements or online bill pay.

Each product or service is awarded a certain number of points towards your overall score. (Things like past-due loan payments or overdrawn checking accounts will subtract from that score.)

Once your score is calculated, you become eligible for all of the benefits for your particular participation group throughout that entire month. For example, when your score is calculated on May 1, it is based on your April activity, but you get the benefits throughout the entire month of May.

Membership Levels	Monthly Points
Basic Tier Level	0-149 Points
Silver Tier Level	150-299 Points
Gold Tier Level	300-449 Points
Platinum Tier Level	450+ Points

Monthly Points

Savings	Points	Your Points
	Total
Any Checking Account	50
Any Savings Account	25
Club Account	50
Certificate of Deposit	50
IRA	50
Money Market Account	50
Aggregate Balance up to $1,000-$5,000	25
Aggregate Balance up to $5,001-$25,000	75
Aggregate Balance up to $25,001-$50,000	125
Aggregate Balance $50,000+	200
Negative Balance	-150

Loans	Points	Your Points
	Total
Any Loan	50
Aggregate Balance $1,000-$5,000	25
Aggregate Balance $5,001-$25,000	50
Aggregate Balance $25,001-$50,000	75
Aggregate Balance $50,000+	100
Delinquent Loan	-200

Other Services	Points	Your Points
	Total
Debit Card	25
MSECU Credit Card	25
Payroll Distribution	50
Direct Deposit of $1,000 or More Monthly	100
Active Telephone Banking (CU*Talk)	25
Active Automatic Funds Transfer- Loan Payment	25
Active Online Banking (ITSME247)	50
Enrolled in E-Statements	25
Enrolled Bill Payment (CUEasyPay) *Requires checking account	50

V.I.P. Total Points

Your Total Points	Points
Total Monthly Points
Savings
Loans
Other Services

Add the totals from your Savings, Loans and Other Services to find our your total V.I.P. Points for the Month.

Your Total Points Points

Total Monthly Points

Savings

Loans

Other Services

Rewards

Basic Level (Less than 149 Points)*	Silver Level (150-299 Points)*	Gold Level (300-449 Points)*	Platinum Level (450 Points and over)*
Free MSECU ATM transactions + 4 Free Non-MSECU ATM Transactions per month**	Free MSECU ATM transactions + 7 Free Non-MSECU ATM Transactions per month**	Free MSECU ATM transactions + 9 Free Non-MSECU ATM Transactions per month**	Free MSECU ATM transactions + Free Non-MSECU ATM Transactions per month**
Free Checking Account	Free Volume Coin Processing	1 Free Official Check per month	Free Check Withdrawals (CU*Talk)
Free Starter Checks	Bill Pay (CUEasypay)**	Free Traveler Checks	Free Outgoing Domestic Wire Transfer
Free Online Banking (ITSME247)	Plus benefits of Basic Level	Free 10 photocopies	5 Free Money Orders per month
Free E-Statements		Free Statement Copy	5 Free Official Checks per month
Free Telephone Banking Service (CU*Talk)		Plus Benefits of Silver Level	One Quarter (.25) percent reward on New Loans (excludes real state loans and credit cards)
Free Shared Branching Transactions			One Quarter (.25) percent reward on New Certificates 24 Months and over
Free Notary Service			Plus benefits of Gold Level

* All VIP points earned are based on services used during prior month. Your VIP level status will be in your credit union monthly statement. Any negative balances (Overdraft Advance not included) or delinquent loans will result in a deduction of points and will affect new monthly membership status. Account status can change monthly. Benefits are subject to change without notice.

** ATM benefits are determined by prior month VIP level. When using other financial institutions’ ATMs be aware that they may charge you an access fee or “surcharge”. MSECU ATM Cards are part of the SUM and MoneyPass networks. Check our website for participating SUM or MoneyPass ATMs near you to avoid charges! There are over 2,000 surcharge-free ATM’s available in Massachusetts and over 20,000 nationwide.

*** All MSECU members with active checking accounts can enroll and use bill pay services for a low fee of $5.00 per month. The monthly fee of $5.00 is waived for members who pay at least three (3) bills monthly.

**** Loan/Certificate Rewards:

Certificate Reward: Any members qualified on the 1st of the month for the Platinum tiered membership level shall be awarded a .25% reward as a certificate dividend on the last day of the certificate’s dividend period which will be applied as a deposit to the certificate balance, as long as that certificate was opened on or after Nov. 1st, 2010.

Loan Reward: Any members qualified on the 1st of the month for the Platinum tiered membership level shall be awarded a .25% reward on their loan interest on the last day of that month which will be applied as a principal payment to the loan balance, as long as that loan was opened on or after Nov. 1st, 2010.

VIP Services started on Nov. 1st, 2010.