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Regular Share Account
The account can be opened with a minimum deposit of $5.00 which should be maintained while you use credit union services.
Dividends are set by the Board of Directors quarterly. They are calculated on your daily balance, paid and compounded quarterly. For current dividends declared by the Board of Directors last quarter click here .
Savings are federally insured to at least $100,000 and backed by the full faith and credit of the United States Government through the National Credit Union Administration, a U.S. Government Agency.
Money Market Super Share
The Credit Union may offer other rates for this account from time to time. Rates are subject to change by the Board of Directors. Click here for current rates.
Dividends compounded: Monthly
Dividends credited: Monthly
Dividend period: Calendar month
Balance Requirements
Minimum opening deposit: $10,000.00
Minimum balance to avoid a service fee: -
Minimum balance to earn the stated APY: $10,000.00
Balance Method: Daily Balance
The Money Market Super Share is a share account.
1. Rate Information. The Money Market Super Share account is a Tiered Rate account. If your balance is $9,999.99 or below, the first dividend rate and Annual Percentage Yield listed for the account above will apply. If your account balance is $10,000.00 or above, the second dividend rate and Annual Percentage Yield listed for the account above will apply. Once a particular balance range is met, the dividend rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
2. Dividend and compounding and crediting. Dividends are compounded monthly and credited monthly.
3. Balance Information. The minimum balance requirements applicable to the Money Market Super Share account is $10,000.00 to obtain the dividend rate and Annual Percentage Yield listed for the account. If the minimum daily balance is not met, you will not earn the stated Annual Percentage Yield.
4. All other applicable terms and conditions in the Rate and Fee Schedule for all other share accounts apply to the Money Market Super Share account. See the Rate and Fee Schedule.
Club Accounts
Club accounts provide you the opportunity to save for special events, such as Christmas or vacation. These two club accounts pay a special dividend. Dividends are set by the Board of Directors. They are calculated on your daily balance, paid and compounded quarterly. For current dividends declared by the Board of Directors last quarter click here.
Christmas Club II
The Christmas Club II account allows members, who want to save for Christmas, withdraw all of their Christmas club money in November of each year.
Here are the highlights of the product:
- The savings must remain on deposit until November of each year to receive the dividend.
- Funds will automatically be distributed to the members share account.
- The Board of Directors will determine the dividend rate in September. SEE THE RATE AND FEE SCHEUDLE FOR FULL DETAILS AND DISCLOSURE.
Special Share/Savings Accounts
Special Share/Savings accounts allows you to set aside funds for special purposes. From property taxes to wedding expenses, you can have it set aside just for this reason. We can even name it for you to identify it on your quarterly statement. Dividends are set by the Board of Directors quarterly. They are calculated on your daily, paid and compounded quarterly. For current dividends declared by the Board of Directors last quarter click here.
Minor Accounts
Open a child or grandchild's account and help them learn to save. A minor's account has these benefits:
- Pays quarterly dividends
- Can be opened with as little as a $5.00 initial deposit
- Exempt from certain fees
- Quarterly statements
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