Share Savings Account
Regular Share Accounts
Savings at your Credit Union are called “Shares.” A minimum deposit of $25.00 is required to open and maintain the account.
Dividends are earned daily and paid quarterly on accounts that have a balance of $100.00 or more. This account confers ownership rights to the member and provides for continuing membership in the credit union.
All members shall be required to maintain a Regular Share Account in order to qualify for additional credit unions services.
Share accounts may be individually or jointly owned. Accounts may be opened for dependent children and family members.
Money saved in the credit union is always readily available, except if used as collateral for a loan.
Dividends shall be set at a rate based upon available earnings. Dividend rates may vary among all account types and maturities. The Board of Directors reviews and adjusts rates at least quarterly.
NCUA Share Insurance
The credit union is insured by the National Credit Union Administration Insurance Fund for an aggregate amount of up to $250,000. Amounts on deposit exceeding $250,000 will not be insured. Individual Retirement Accounts are insured separately up to $250,000.
Share & Club Accounts
|APR||APY||Info and/or Terms|
|.50%||.51%||1/10% over $20,000|