Savings (Share) Accounts
Regular Savings (Share) Accounts
A minimum $5.00 balance must be maintained in your regular share account. Dividends are compounded every month and credited monthly to accounts which maintain at least $25.00. The dividend rate and annual percentage yield may change every dividend period. We may change the dividend rate for your account as determined by the credit union board of directors. A quarterly statement is issued to members containing all activity for the quarter. No passbooks are issued.
Premium Savings (Share) Accounts
Savings account with a minimum deposit of $2,000 pays a higher dividend rate than the regular share account for those members who maintain a higher balance account. Balances that drop below $2,000 will earn dividends equal to the regular share account. Dividends will be compounded and credited to the account every month as determined by the board of directors.