Money Orders and Cashiers Checks are safe alternatives to carrying personal checks or cash - especially for larger transactions where added security and peace of mind is necessary.
We highly recommend them for the successful completion of private party sales between individuals. Use Money Orders for amounts up to $1,000 & a Cashier’s Check for any amount.
A Money Order is a payment order for a pre-specified amount of money. Money Orders are a popular alternative to Cashier's Checks and they are often considered a safer method of payment because they require that the funds be prepaid for the amount shown.
- Available for amounts up to $1,000.
- Must be purchased with guaranteed funds.
- Must contain a member’s signature to be valid.
Note: Money Orders have limited acceptance in the insurance and brokerage industry. Because of provisions within the USA Patriot Act and the Bank Secrecy Act, they have more processing requirements than other forms of payment.