The Loyalty Rewards program rewards you for the relationship you have with NRL Federal Credit Union. When you establish a new certificate, auto loan or personal loan, your rate will improve .05% for each of the following:
Direct Deposit to NRLFCU
eStatements with NRLFCU
An active Visa CheckCard with NRLFCU
Transfer a loan from another financial institution to NRLFCU
Apply for a loan or new certificate account online with NRLFCU
Deposits totaling $250,000 or more with NRLFCU
If you have any three or more conditions met, we'll automatically award you a better rate of .25%, the maximum Loyalty Reward level. That is, the rate you receive on a new certificate will be as much as .25% higher and the rate you pay on an auto or personal loan will be as much as .25% lower.
The above conditions will be verified to be in effect at the time each new service is disbursed.
Loyalty Rewards can not be applied to any certificate or loan issued prior to September 1, 2009. Only regular and IRA certificates can have Loyalty Rewards applied. Bump-Up, Build-a-Dream, No Excuses and Stash Certificates are excluded. All auto loans (including leisure, MyChoice and Hybrid loans) and personal loans (including computer, debt consolidation and the 12-month personal loans) may have Loyalty Rewards applied.
Unless otherwise specified, Loyalty Rewards cannot be applied to special promotions offered from time to time. Each condition can only be counted once per new certificate or loan applied for (For instance if you have two direct deposits coming into your account at NRLFCU, the condition is satisfied and the loyalty reward value is .05%, not .10%)
Certificates that renew automatically will not be evaluated for your Loyalty Rewards level. You must actually open a new certificate if you wish to obtain the Loyalty Reward benefit.