When you become
a member of the credit union a savings account is opened in your name. An initial
deposit of $25 and a one time membership fee of $5 is required. All
members must maintain a $25 balance in their savings account to remain
a member, and demonstrate regular activity in their account to keep
it open.
Other features of
Regular Savings include:
- A competitive interest
rate paid quarterly on the average daily balance in your savings
account. Click here for current rate
information
- Withdrawals:
Members may make up to 12 savings withdrawals per year free of charge. After 12 withdrawals in one calendar year a $10 charge per withdrawal is applied.
- Quarterly statements
by mail.
- Payroll
deduction: You may have deposits to your savings account deducted
directly from your paycheck.
If you have any other
questions about regular savings accounts contact
us. |