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.

 

 

 

 

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