Savings Programs


Share/Savings

This account is automatically opened upon your membership with the Credit Union. A $25.00 minimum balance is required at all times. Dividends are calculated on the average daily balance and posted the last day of each quarter. Quarterly statements are issued. This account can be used as collateral for a loan at our lowest applicable loan rate. Dividend rates are variable and subject to change. Fees could reduce the earnings on the account.


Share Certificates

Earn better rates for a fixed term. Share certificates available from 6 months to 24 months. Minimum deposit $500. Dividends are paid monthly and can be posted to the certificate, to another account or directly by check. Higher dividend rates available for certificates over $25,000 and $100,000. Dividend penalty applies for early withdrawal. Maturity notices will be mailed at least 15 days prior to maturity. Share certificates automatically renew at the prevailing rate upon maturity unless the credit union is notified. Share certificates can be used as collateral for a loan at our lowest applicable loan rates.


Club Account

A popular account with our members wishing to save for holiday or vacation expenses instead of borrowing or running up credit card balances. Withdrawals are limited to one per calendar year, excess withdrawals will incur a fee. Fees could reduce the earnings on the account. Dividends are calculated on the average daily balance and posted the last day of each quarter. Excess withdrawal fee applies.


IRA

To help you save for your future, we offer various IRA accounts, including Traditionall Roth and Coverdell ESA. Our retirement plans offer you a way to set aside a portion of your earnings for the future and to multiply your assets over the years. The shares in your Credit Union are insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), an arm of the NCUA. Not one penny of insured savings has ever been lost by a member of a federally-insured Credit Union.