Welcome School Employees! Come see all the great opportunities Five Star has to offer. We are here to brighten your financial future so you can focus on the future of our children.
Open a special Educator Checking account, switch your direct deposit, and meet simple requirements for a bonus. The requirements are easy like $1,500 in direct deposits within the first 90 days. A $100 bonus will be paid into your checking account after requirements are met. The Special Educator Checking comes with a 5.00% annual percentage yield (APY) on checking balances up to $1,000. Earn .50% APY on balances that are over $1,000.
Five Star also offers Money Markets, Share Certificates (CDs), and Five Star Platinum Visa Credit Cards. As a member, you have access to the COOP ATM network conveniently located in places like Publix grocery stores. There are 30,000 surcharge-free locations nationwide including the Presto Network.
How to meet qualifications
- Employed by your local school system
- Meet qualifications of membership
- Open a Five Star Educators Checking account
- Meet minimum funding requirements
- Enroll in Mobile Banking and E-statements
- Cannot have an existing checking account established with Five Star. This offer is for new members or existing members without a checking account.
- Enroll in Direct Deposit
Opening a checking account is easy - it's just $25. Checking is free. There is no minimum balance after opening. You can open your new Special Educator Checking account by stopping by one of the 29 local financial centers, by calling 888-619-1711 option 7, or by clicking the button below.
All deposits are insured by NCUA. For more information visit www.ncua.gov. Fees could reduce earnings.
Credit Card Pre-Approval:
You qualify for a Five Star Platinum Visa Card. It comes with a 0% introductory annual percentage rate (APR) for six months. Variable APR after the introductory rate based on creditworthiness. This is perfect for classroom setup or managing expenses between paychecks.
Five Star Platinum Visa card carries a 12%-17.99% APR after the introductory rate based on creditworthiness.
Special Share Certificate Rates:
The special rate offered to DCS members is a .25% APY bump on the current share certificate rates offered. A special 9-month certificate is offered to DCS members. This comes with the flexibility of contributing the certificate during the 9-month term. A one-time penalty-free withdrawal of up to 25% of the balance comes with the special certificate.
Minimum balance to open a certificate is $500. The 9-month certificate is considered a standard certificate so it is not eligible for the .25% APY bump.
Special Loan Discounts:
As a member of the program, you get a reduced rate on loans. This includes auto, motorcycles, boats, RVs, and personal loans. There is an option to enroll in skip-a-pay during summer break. You are also eligible up to six payment deferments (30-60 days) on the life of the loan.
If you choose to finance your mortgage or manufactured home with Five Star, you will receive $500 toward closing costs.
If you choose to use skip-a-pay, contact your local financial institution or call 888-619-1711 option 2 for more information. For mortgage and manufactured home, other closing cost fees will be applied.
Win a Grant!
You could win one of 10 $1,000 educator grants.
Refer a Friend and Make Money
Let your friends know how much you love Five Star. For each friend that you refer, you get $50 and they get $50! That's a good deal. It's easy to refer straight from the Five Star app or online banking. Look for Refer a Friend in the menu of the app or online banking.
Certain criteria must be met to qualify including:
- Complete 10 or more debit card transactions (excluding ATM transactions)
- Complete one direct deposit
- Enroll in eStatements
- Earn up to $500 in a year
Program only open to members and potential members 18 and over. Account must be in good standing with Five Star with no delinquencies. Allow 30 days for delivery of award bonus after completing all of the requirements.
Educational Tools:
Our mini-courses offer really big value
Managing your day-to-day finances can be tough. Some simple tips will make a huge difference. At Five Star, we offer bite-sized online courses through Financial Focus that deliver information on a wide range of personal finance topics. There's no diploma available, but there's plenty of payoff in dollars and common sense.
- Financial education courses are free for Five Star members
- Each course takes less than 10 minutes to complete
- Topics include raising your credit score, financing a home, buying a car and more
- Choose your own course of study, according to your interests
- Make a playlist and share with friends
If you need assistance managing your account, our financial calculators have you covered. Use our checking calculator to help manage the deposits coming in and the transactions that are going out. Use the budget calculator to get all your bills in one place, alongside your deposits. This will help you manage your monthly budget much more easily. Once you know where your money is going, you can manage it instead of it managing you. See some of the helpful calculators below:
Have questions or would like to speak to someone for financial counseling? Send an email to fscuworksfordcs@fivestarcu.com