Square Federal Credit Union
For the last 54 years, Union Square Federal Credit Union has faithfully adhered to the 'people-helping people'
foundation of its existence.
At the same time, it continues to exercise sound financial practices resulting in a solid financial base and
financial strength. Union Square Federal Credit Union strives to be the financial center of your
Membership and Location
The following are eligible for membership to Union Square Federal Credit Union: (1) persons who live or work in
Wichita County, Texas; (2) Spouses of persons who died while members of the credit union; (3) Members of the
immediate family of a person meeting the above requirements; and (4) Members of organizations meeting the above
requirements. The main office of Union Square Federal Credit Union is located in Wichita Falls, Texas with branches
in Sheppard AFB, Downtown Wichita Falls, Kemp Street, and Burkburnett.
Products and Services
The services provided by Union Square Federal Credit Union include the following: (1) checking accounts - Premier
Checking, Preferred Plus Checking, and Golden Eagle Account for members aged 60 and above; (2) Share (Savings
Account); Loan Products - one stop new and used auto loans - at the dealership, and credit cards; (4) mortgage
services - home equity and home improvement loans; (5) MasterMoney Debit Cards; (6) Foreign Currency; (7) Online
Banking; and so much more.
Credit Card Services
The credit cards of Union Square Federal Credit Union are Regular VISA and MasterCards, Gold VISA and MasterCard,
and Platinum VISA. These have an APR of 15.9%, 12.9% and 8.9% respectively. Their features include: 25 days grace
period for purchases, no annual fees, late payment fee of 5% of minimum payment due, and 1% foreign currency
conversions for overseas purchases.
Unlike some credit unions, Union Square Federal Credit Union does not have a credit card program
specifically for those starting to build a credit history or those with a blemished credit history. However, if you
are qualified for membership to the credit union, you can try to apply for one. You may be given a 'secured' credit
card with higher than their usual APRs, higher fees for late payment, and you may have to pay annual fees. You may
also be required to have a co-signor or guarantor and your credit limit may be lower. However, take whatever
opportunity there is to build or re-build your credit. If your credit application is disapproved, ask to be allowed
to open an account so you can prove yourself to them. There are really no quick-fix solutions to repair or build
credit. It takes some time. Meanwhile, practice having financial discipline.
Source: Credit Cards For People With Bad Credit Rating
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