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IMPORTANT - PLEASE READ THIS ENTIRE PAGE FOR INTERNET HOME
BANKING OPERATING INSTRUCTIONS. |
The link to the Internet Home
Banking Sign on page is located at the top and bottom of this
page. Before signing on to Internet Home Banking, please read
these instructions.
BROWSER
REQUIREMENTS
As of August
20th, 2003 we now require all browsers accessing Internet Home
Banking to support 128-bit encryption.
Click here for a list of recommended browsers.
PASSWORD (PIN)
At the Internet Home Banking sign
on page, you will be prompted to enter a PIN. Input your Speedy
Line PIN. Other PINs such as your ATM and Credit Card PINS will
not work with the Internet Home Banking system. You must have a
Speedy Line PIN in order to access your account through the
Internet.
If you signed up for Speedy Line
but have forgotten your Speedy Line PIN, email your request for
a Speedy Line PIN re-issue to
general@michedcu.org Re-issued PINs, for security reasons,
must be mailed to your residence.
If you have never signed up for
Speedy Line, then you'll need to complete a Home Banking/Speedy Line
application in order to receive a Speedy Line PIN. A Home
Banking/Speedy Line
application form is located on this web site. Use your web
browser to print the form. Complete the form and mail it to the
credit union. After receipt of your completed Speedy Line
application, the credit union will promptly issue and mail a
Speedy Line PIN to you.
Click
here to retrieve a Home Banking/Speedy Line application.
TRANSFERS
The Internet PC Home Banking
service will allow for transfers within your account. To
initiate a transfer within your account simply click on the
account transfer button, enter the amount you wish to transfer,
designate in the From account box, the account you wish to
transfer from, designate in the Transfer to box, the account you
wish to transfer to and then click on the transfer button.
CHECK IMAGES ONLINE
It's easy to use!
After you've signed on to Internet PC Home Banking, click on
"Account Access" then click on your Share Draft Account. As you
look through your account history, you will notice that any
check number that has cleared your account in the past six
months is highlighted and underlined. Just click on the
particular check that you want, and the image will appear. You
can then use your browser's print option to print the image.
(Please note that the system uses a history file that is updated
each day, so six-month-old checks that you view today may not be
accessible for you tomorrow.)
HOME EQUITY
LINES OF CREDIT
You now also have the ability to
draw advances on your Home Equity Line of Credit (Suffix codes
L95 or L97 or L99). Advances on your Home Equity Line of Credit
can be deposited into your share or share draft account or
deposited into the account of another MECU member of your
choosing.
To take an advance on your Home
Equity Line of Credit, simply click on the Home Equity account
in the "Transfer From" box. There is no minimum required advance
on a Home Equity Line of Credit.
Your monthly payment will be
adjusted the business day following your Home Equity Line of
Credit advance, to reflect additional amounts drawn on your line
of credit. Home Equity Line of Credit Loan payments are
calculated at the monthly payment rate of $12 per $1,000
principal borrowed.
REVOLVING
PERSONAL LINES OF CREDIT
You now also have the ability to
draw advances on your Revolving Personal Line of Credit (Suffix
codes L07). Advances on your Revolving Personal Line of Credit
can be deposited into your share or share draft account or
deposited into the account of another MECU member of your
choosing.
To take an advance on your
Revolving Personal Line of Credit, simply click on the Revolving
Credit account in the "Transfer From" box. The minimum required
advance on a Revolving Credit Line of Credit is $50.00. You will
receive an error message "Transaction not permitted" in the
event that less than the $50.00 minimum advance is requested.
Your monthly payment will be
adjusted the business day following your Revolving Personal Line
of Credit advance, to reflect additional amounts drawn on your
line of credit. Revolving Personal Line of Credit Loan payments
are calculated at the monthly payment rate of $30 per $1,000
principal borrowed.
CROSS ACCOUNT
TRANSFERS
To initiate a transfer into
another Michigan Educational Credit Union member's account,
please use the following steps:
1. Click on the Account
Transfer button
2. In the Amount box, enter
the amount you wish to transfer to the other MECU member's
account.
3. In the From Account box,
click on the account, out of which the money will be
transferred.
4. In the To Account box,
select Intra-MECU
5. In the Account Type box,
click on either Shares or Loans
6. In the Account Number box,
input the account number of the member into whose account
you wish to transfer funds. The account number should be
entered without dashes or hyphens. After you enter the
account number and after you tab to the Account Suffix box,
you'll notice that the program inserted some zeros before
the destination account number. This is normal and to be
expected.
7. In the Account Suffix box,
enter the two digit, numerical suffix of destination share
or loan account. The following are allowable share suffix
codes into which you can transfer funds (providing the
member into whose account you wish to transfer funds already
has an account of the suffix code type already established)
- 00 Regular
Shares/Savings Account
- 03 Share
Draft/Checking Account
- 08 Vacation Club
- 09 Christmas Club
The following are allowable
loan suffix codes into which you can transfer funds
(providing the member into whose account you wish to
transfer funds already has a loan account of the suffix code
type already established)
- 00 Revolving Credit
- 01 Vehicle
- 02 Vehicle
- 03 Overdraft
- 04 Miscellaneous
Loans
- 05 Share Pledge
Loans
- 06 Home Improvement
- 07 Revolving Credit
- 67 Revolving Credit
- 87 Payment Shaver
- 88 Payment Shaver
- 89 TAC Lease
- 95 Home Equity Line
of Credit
- 96 Fixed Rate Home
Equity
- 97 Home Equity Line
of Credit
- 99 Home Equity Line
of Credit
Please note you will not be
able to electronically transfer funds into an IRA/Deferred
Compensation Account or into a Share Pledge account. If you
attempt to make these transfers, you will receive an error
message, the last line of which will read Transaction Not
Permitted.
8. After completing step 7,
click on the Transfer Funds button.
9. After you click on the
Transfer Funds button, you’ll be asked to confirm the
transfer. Verify the destination account number, the amount
you wish to transfer and the destination share or loan
suffix code and then click on the Confirm Transfer button.
After you click on the Confirm Transfer button, the transfer
will be complete. (You will not be able to "undo or reverse
the transaction once the Confirm Transfer button has been
clicked or pressed)
PRINTING
Use your web browser to print any
Internet PC Home Banking screen or list.
BOOK
MARKING
As a convenience for you, use
your browser and bookmark the Internet PC Home Banking sign on
page.
PROBLEM RESOLUTION
Please call us at
(734) 455-9200 for assistance with the Internet Home Banking
sign-on process or to report any Internet Home Banking problems.
ENJOY
MECU encourages you to fully
explore the many facets of the Internet Home Banking service.
Click Here to Access the Internet Home Banking Sign-on Page.