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The Relationship Power program is based on a simple idea: the more you participate with the credit union, the more you receive in return.
Your Relationship Power participation level is based on how much you use
Power Financial Credit Union for your financial needs. It's set up so
that you can get more value from your relationship simply by bringing
more of your financial business to the credit union. As your participation
level increases, you'll receive even more benefits, such as reduced
fees and some free services.
Here's how your Relationship Power level is determined:
- Your aggregate loan balance is the sum of all your loan balances under your Power Financial Credit Union member number (excluding first mortgages).
- Your aggregate share balance is the sum of the average daily balances of your savings, checking, certificate and money market account balances for the month under your Power Financial Credit Union member number.
- On the last day of each month, we use your aggregate loan balance and your aggregate share balance to determine your Relationship Power level for the following month.
Relationship Power level balances:
- If your aggregate share balance is less than $1,000 AND your aggregate loan balance is less than $5,000, you will be in the Power Classic level during the next month.
- If your aggregate share balance is between $1,000 and $20,000 OR your aggregate loan balance is between $5,000 and $30,000 , you will be in the Power Gold level during the next month.
- If your aggregate share balance is more than $20,000 OR your aggregate
loan balance is more than $30,000 OR you have over $50,000 in investments
with Power Investment Services, you will be in the Power Platinum
level during the next month.
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