Products and Services

products and services of Sweet Home FCU

Sweet Home Federal Credit Union strives to provide the best products and services for our members. If you have any questions, please feel free to contact us at any time.

Miscellaneous Services

  • E-Statements
  • Home Banking
  • Direct Deposit
  • Payroll Deduction
  • Notary Service
  • Visa® Gift Cards
  • Night Deposit Box
  • Wire Transfers (Domestic)
  • Regal Cinema Discount Tickets
  • Delta Sonic Car Wash Discount Tickets
  • Delta Sonic Oil Change Discount Tickets
  • Bill Pay
  • Mobile App
  • Remote Deposit Capture


savings accounts for sweet home fcu

Sweet Home Federal Credit Union offers a wide variety of share accounts to help you save and plan for your future. All of our members’ share accounts are insured by the National Credit Union Administration up to $250,000.00.

We offer the following share accounts:

Share (Savings) Accounts

The minimum deposit for a share (savings) account is $5. After depositing at least $5 into a share account, members may take advantage of any of our services. Any account having no activity for a period of 1 year will be assessed a dormant fee of $15 per quarter. In order to avoid this fee, accounts must have a withdrawal, deposit or transfer posted to their account. Accounts with a mortgage, loan, certificate or IRA are exempt from this policy. Please call the credit union for questions regarding this policy.

Share Draft (Checking) Accounts

No minimum balance requirements, no monthly fees, no per check charges, first set of checks are free. Electronic deposit/payroll deduction of your paycheck is available. We do offer overdraft protection for your share draft accounts.

Holiday Club

Make saving for the holidays painless! Employees of the Sweet Home Schools may have Holiday Club deposits taken from their paychecks. Members not employed by Sweet Home Schools may make deposits at their convenience. Funds will be available in early November.

Summer Savings Club

Save for summer vacations, home improvements, bills or anything! Employees of the Sweet Home Schools may have Summer Savings Club deposits taken from their paychecks. Members not employed by Sweet Home Schools may make deposits at their convenience. Funds will be available in early July.

Mini Savers Club

Our youth savings program, the Mini Savers Club, is offered at all of the elementary schools in the Sweet Home Central School District. This program will teach your child about the importance of saving while making it fun! To take part, parents must first complete a credit union membership application for the student (including a copy of the adult’s driver’s license) and make an initial deposit of at least $5.00. Participating students will receive a coin pouch. They will then be able to make deposits to their accounts right at school! Deposits will be picked up at Heritage Heights and Maplemere on Tuesdays, Glendale and Willow Ridge on Thursdays. Have questions? Call the credit union at 691-9187 today!


We offer two types of IRA’s. Type A (Accumulative) may be opened with as little as $25.00. The interest is compounded and paid quarterly. Type SC (Share Certificate) may be opened with a minimum contribution of $2,000. This is a 12-month IRA share certificate with interest compounded and paid monthly. The Type A IRA may be converted to a Type SC IRA when the total reaches $2,000 or more.

Loan Services

loan services for Sweet Home FCU

Sweet Home Federal Credit Union offers a wide variety of loans at affordable rates. Are you looking to buy your first car? A new motorcycle or pickup? A motor home or RV? Any member having at least one share may apply.

Personal Loans

  • Terms up to 5 years
  • Monthly or bi-weekly repayment schedules are available
  • $20,000 maximum per qualified signature
  • Life & disability insurance available

New, Used & Refinanced Auto Loans

  • Fixed rate for the term of your loan
  • Monthly or bi-weekly repayment schedules available
  • Will finance up to 100% of the purchase price (if purchased through a dealer)
  • Life & disability insurance available
  • GAP insurance available

Boat and RV Loans

  • Terms up to 10 years
  • Monthly or bi-weekly repayment schedules available
  • Will finance up to 100% of the purchase price
  • Life & disability insurance available
  • GAP insurance available
*Please check with your tax advisor regarding you tax benefits.

Home Equity Line of Credit (HELOC)

  • No closing costs 1
  • Finance up to 80% of the equity in your home 2
  • Variable rates, adjusting annually 3
  • Ability to lock up to five (5) LOW FIXED RATE balances 4
  • Draw on your line anytime within 15 years of origination
  • Life and Disability Insurance available
  • No monthly fees
  • Tax Deductible 5
  • Call (716) 691-9187 to speak with a loan representative today

1 Title insurance may be required and is paid by the borrower. The remaining closing costs paid by SHFCU on behalf of the borrower will be charged back and added to the payoff amount of the loan if the home equity line is paid in full within five (5) years of loan closing. Closing costs generally total between $250 and $1,250.
2 Calculated by multiplying the appraised value by 80%, less the remaining balance on your first mortgage.
3 The annual percentage rate is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. Interest and payments adjust annually on the 1st day of March, with a 2% annual cap and a 17.90% lifetime cap. The Annual Percentage Rate will never go below 4.0% unless the credit union is running a lower promotional rate. All rates quoted and listed are subject to approval. Rates may vary from those quoted and listed based on your credit history.
4 This plan has a fixed rate option which the borrower may exercise each time a minimum advance of $1,000 is requested. There is a low processing fee of $25 when the fixed rate option is exercised. The fixed rate option has repayment terms of 60 months, 120 months, or 180 months providing the payoff period does not exceed the number of months remaining to the maturity date of your plan.
5 Please consult a tax advisor regarding deductibility of interest.


Whether you’re buying a new home or refinancing, our goal is to provide you with competitive, convenient and responsible mortgage financing options.

To help us achieve our goal, we have partnered with OwnersChoice Funding. Feel free to visit their website at for current rates, or to apply online! You may also call the credit union at (716) 691-9187.

Student Loans

The Smart Option Student Loan® for the Sweet Home Federal Credit Union by Sallie Mae®. For borrowers attending degree-granting institutions.

Now you can pay for college the smart way with three great repayment options and competitive interest rates!

The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more, please get started here.

The Smart Option Student Loan features and benefits

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates, providing even more flexibility
  • No origination fees and no prepayment penalty
  • Benefits and an interest rate reduction available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthy cosigner may help you qualify.

To learn more or to apply, please get started here.

* We are compensated by Sallie Mae® for the referral of Smart Option Student Loan customers.

Share Pledged

Use your regular share account or certificate of deposit as collateral for a Share Pledged Loan! You’ll receive a LOW rate on your loan while your savings account continues to earn dividends! This is a perfect way to establish new credit or to re-establish credit at a low rate.