Membership Share Account

Membership share account is a savings account. The first $2,000.00 on deposit is covered by Life Savings level term insurance provided by the Credit Union. The actual amount of insurance coverage is subject to your age and date of deposit. Every member is required to open and maintain a $25.00 balance in this account. You may withdraw from this account at anytime. Dividends are paid quarterly to this account.

 

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Share Savings Account

Share savings account is a savings account. The rate of interest paid is higher on the first $2,000.00 on deposit in comparison to the Membership Share Account. There is no Life Savings level term insurance on this account. Their is no minimum balance. You may withdraw from this account at anytime. Dividends are paid quarterly to this account.

 

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Christmas Club Account

This account pays out annually. There is no minimum balance required. Christmas club payout is November 1st. Dividends are paid quarterly to this account.

 

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6 Month, 12 Month, and 24 Month Share Certificates

The certificates are payable at maturity. Dividends are paid quarterly to this account. Fixed Rates. Minimum deposit amounts exist. Certificate rates are determined monthly.

 

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IRA Share Account

This account is a retirement savings account.  Dividends are paid quarterly to this account. Their is a $200.00 minimum balance to open this account.