Share (Savings) Account
This account requires a $300.00 opening deposit or direct deposit ( click for Direct Deposit Form) from payroll. ATM/Debit cards are available with the share draft account. There is a $1.00 fee charged each time after 4 withdrawals per month are made at an ATM. You can transfer from Savings to Checking from an ATM machine.
Term Share Account (CDs)
Term Share Certificates (Certificates of Deposit - CDs) are accounts that offer you a secure way to invest your money for a specific term. Certificate terms range from 6 months to 36 months and require a minimum deposit of $1,000.00 to $100,000.00. Certificates typically earn higher dividends than share accounts. The interest rate is fixed until the maturity date. Once the certificate matures you have a grace period of seven calendar days. During the grace period you may deposit or withdraw funds without being charged a penalty.
Individual Retirement Account (IRA)
The credit union offers two types of retirement accounts - Traditional Individual Retirement Account (IRA) and ROTH IRA. These accounts are designed for retirement saving. Depending on the type of IRA you choose, your contributions may be tax-deductible and will grow tax free.