Q:

What services does the Apple Federal Credit Union offer its clients?

A:

Quick Answer

Apple Federal Credit Union primarily provides financial products and services such as loans, credit cards, insurance and banking services. It is a not-for-profit, member-owned financial cooperative based in Fairfax, Virginia, according to the Apple Federal Credit Union website.

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Full Answer

The Apple Federal Credit Union has been in operation since 1956, with the name Fairfax School Employees Federal Credit Union, through the initiative of 10 teachers. As of 2015, the credit union has grown to 20 branches spread across Northern Virginia with free online banking and access to more than 53,000 ATMs all over the United States. Each Apple member owns an equal share of the credit union, and shares are returned in the form of low loan interest rates and high dividend yield, according to the Apple Federal Credit Union website.

Among the type of loans offered by the Apple Federal Credit Union include business, vehicle, equipment, construction, commercial real estate, permanent working capital and SBA. Apart from credit cards, it also offers debit/check, gift, loyalty and stored value cards. Its banking services include working capital line of credit, savings and checking accounts, business merchant services, payment acceptance, business check solutions, electronic wire transfer, vehicle insurance, life insurance, electronic federal tax payment system, ATMs, investments and online banking.

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