Infuze Credit Union Info + Review For You

Infuze Credit Union is the non-profit financial institution we’ll be focusing on here. I’ll take you through info like their products, rates, membership eligibility and more.

By the end of reading this, you should be in a pretty good position to know if it’s the right place to put your money.

Also, at the end of this article you can add in your own personal review of ICU if you have experience with them.

If you work there and want to be notified when reviews come in, please email info@thiscollegelife.com and request to be on the email list. Please say the specific name of your credit union in the subject line.

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*Routing #:281580679

*Phone #: (800) 767-3928

*Locations:

PO Box 80/5000 Illinois Ave.
Fort Leonard Wood, MO 65473

PO Box 2009/1300 Historic 66 W.
Waynesville, MO 65583

PO Box 1280/395 E. HWY 32
Lebanon, MO 65536

PO Box 879/1101 N. Bishop Avenue
Rolla, MO 65401

PO Box 1768/5286 Osage Beach Parkway
Osage Beach, MO 65065

A Little History On Infuze Credit Union

Infuze was started in 1954. Since that time, they have grown to accept federal and non-federal employees as members. Today, their asset size is just over $300 million according to their NCUA profile.

You can also access cash from ICU surcharge-free at over 30,000 ATMs because of their involvement in the CO-OP network.

Do they give back at all?

Infuze Credit Union does give back to the community. They are involved with a handful of charitable causes, which is great to see. A few of those are the Waynesville Little Heroes Playground and the Relay for Life.

Their employees also donate $10 to come in once a week wearing jeans and that money goes to a few different places. Autism speaks, Hope House, and Snack in a Pack are just a few of the causes that it helps out.

Membership Requirements at Infuze Credit Union

If you want to become a member at ICU, then you will need to be living or working in one of a few counties. Those five are Benton, Camden, Hickory, Laclede, Maries, Miller, Phelps, Pulaski, and Texas.

Immediate family can get you in, too, if one of them belongs.

Products at ICU

You can find all the standard products that a bank would offer at Infuze Credit Union. There is about the same variety compared to other CU’s, so, what they do have will likely meet your needs.

It actually seems like a few credit unions out there get over the top (and gimicky-feeling) by offering many different products that just have small changes.

You can choose from personal products and business products. The personal products include checking, savings, loans, and credit cards. There are three main checking accounts: High-Rate Checking, Nationwide Checking, and Second Chance Checking.

You have three major savings accounts at Infuze Credit Union: Heroes Savings, Regular Savings, Money Market Savings, and Savings Certificates (CDs).

Loan products include home, auto, HELOC, personal loans, lines of credit, and RV/boat/motorcycle loans.

Mortgages are also available with a few options. You can choose from FHA, Conventional, USDA Renovation, and VA home loans.

Business Products at Infuze Credit Union

The business checking and savings at Infuze are pretty basic. When you open a business savings account, you will need to deposit $5 to officially become a member-owner. You won’t be able to withdraw that money since it counts as your share of Infuze Credit Union.

Rates

Loans

For a personalized rate quote, please contact them – they’d love to hear from you!

All rates listed “As Low As”. Rates effective October 1, 2021.

Loan TypeAPR*
New Autos1.74%
Used Autos2.49%
New and Used Motorcycles, ATVs, Personal Secured3.54%
New and Used Boats and RVs4.29%
Personal Loans5.99%
Heroes Loan5.49%
Safewriter-LOC10.64%
Home Equity Line of Credit4.99%
Note: Best rates with discounts applied quoted above. Your rate may vary based on your credit profile, loan-to-value, and payment election. All loans are subject to credit union loan guidelines.  Your actual APR will be determined at the time of disbursement and will be based on your application, credit information and term of the loan.  Rates for longer terms are higher than rates for shorter terms.  Please call 573.329.3151 or visit any branch location to obtain a detailed interest rate quotation.
*Annual Percentage Rate
All rates subject to change without notice.

Deposit Rates (Dividends)

Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. One rate will apply to the daily balance.

Rates effective May 1, 2021

Share Certificate Rates

Maturity
$0 – $9,999
Dividend Rate / APY*
$10,000 – $24,999
Dividend Rate / APY*
$25,000 +
Dividend Rate / APY*
6 Month CD.10% / .10%.15% / .15%.18% / .18%
12 Month CD.20% / .20%.25% / .25%.30% / .30%
18 Month CDn/an/an/a
24 Month CD.35% / .35%.45% / .45%.50% / .50%
30 Month CDn/an/an/a
36 Month CD.60% / .60%.65% / .65%.70% / .70%
48 Month CD.70% / .70%.75% / .75%.80% / .80%
60 Month CD.85% / .85%.90% / .90%.95% / .95%
Sock-it-Away CD.17% / .17%.21% / .21%.23% / .23%
IRA Certificate Rates at Infuze Credit Union

Maturity
$0 – $9,999
Dividend Rate / APY*
$10,000 – $24,999
Dividend Rate / APY*
$25,000 +
Dividend Rate / APY*
12 Month IRA.10% / .10%.15% / .15%.18% / .18%
24 Month IRA.35% / .35%.45% / .45%.50% / .50%
36 Month IRA.60% / .60%.65% / .65%.70% / .70%
48 Month IRA.70% / .70%.75% / .75%.80% / .80%
60 Month IRA.85% / .85%.90% / .90%.95% / .95%
IRA Passbook.12% / .12%.12% / .12%.12% / .12%
Share Savings, Business Share Savings, and Trust Accounts
 Dividend RateAPY*
0 – $9,999.99.05%.05%
$10,000.00 – $24,999.99.10%.10%
$25,000.00 +.12%.12%
Dividends compounded and paid quarterly.
High-Rate Checking**
 Dividend RateAPY*
0 – $25,000.001.98%2.00%
$25,000.01 +.05%.05%
Dividends compounded and paid monthly.
Business Checking
 Dividend RateAPY*
0 – $9,999.99.00%.00%
$10,000.00 – $24,999.99.12%.12%
$25,000.00 +.15%.15%
Dividends compounded and paid monthly.
Innovative Insured Money Market at Infuze Credit Union
 Dividend RateAPY*
0 – $9,999.99.05%.05%
$10,000.00 – $24,999.99.10%.10%
$25,000.00 +.12%.12%
Dividends compounded and paid monthly.

A penalty may be imposed for early withdrawal.
All rates subject to change without notice.

*Annual Percentage Yield.  CD = Certificate of Deposit. Minimum deposit $500. Penalty applies for early withdrawal. Personal accounts only. Rate available and accurate as of May 1, 2021. Membership required.  Ask for details. Federally Insured by NCUA.
**Qualifications, limits, and other requirements apply to the High-Rate Checking account.

**Fees associated with these accounts may reduce your earnings**

Infuze Credit Union – Final Thoughts

This looks like a fine credit union to, wait for it, infuze your money if you are within their field of membership. They have pretty basic business products, so there are better credit unions to look for if you need a lot of things like payment processing services.

It’s great to see that they give back to the community, especially since they are a small-midsize credit union and not all of the ones that size do much. Do you have a review of this credit union? Please share it below! We just need your email in case the credit union wants to reach out and resolve any issues.

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*All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the CU’s website or at the time of opening an account with them.

*This site is not affiliated with the Credit Union mentioned in this article.

Bob Buckley

Bob Buckley writes about food and business.