Accounts
Credit Union Accounts
SHARE ACCOUNT (Savings)
- A share account with a minimum of $25.00 deposit is needed in order to be a member of the credit union.
- Dividends are compounded and paid quarterly.
- A member must have the minimum balance of $100.00 to earn the stated annual percentage yield.
Please refer to Truth-In-Savings Disclosure for more information.
SHARE DRAFT ACCOUNT (Checking)
- There must be a minimum of $500.00 balance in the account in order to avoid a monthly service fee of $5.00.
- Minimum balance to earn the stated annual percentage yield is $500.00.
- Interest is compounded and credited monthly.
Please refer to for Truth-In-Savings Disclosure more information.
CHRISTMAS CLUB SAVINGS ACCOUNT
- Minimum balance of $10
- Accounts with up to $5,000 will have an APR of 1.25%
- Accounts with more than $5,001 will have an APR of 0.15%
- Interest earned on the daily balance and compounded into the savings account annually on November 1st.
CERTIFICATE OF DEPOSIT
- A certificate of deposit allows our members to lock in their funds for a specified term and earn a higher dividend rate than the share account rate.
- The minimum opening deposit for a 1 year or more term is $500.00
CURRENT RATES
| Effective 01/01/2021 | Rate | APY* |
|---|---|---|
| Regular Shares *Minimum balance of $100.00 to earn dividends | 0.10% | 0.10% |
| Share Draft *Minimum balance of $100.00 to earn dividends | 0.05% | 0.05% |
| Christmas Club *Minimum balance of $10.00 | ||
| Up to $5,000 | 1.25% | 1.25% |
| Over $5,001 | 0.15% | 0.15% |
| Term Share Certificates – eff. 9/29/2023 A penalty may be imposed for early withdrawal | Rate | APY* |
| 6 month | 4.25% | 4.32% |
| 12 month | 4.50% | 4.58% |
| 18 month | 4.00% | 4.06% |
| 24 month | 3.75% | 3.80% |
Fee Schedule
As of 6/1/2021
| Service | Fee |
|---|---|
| Account Reconciliation | $15.00/hour (min. $15) |
| Check Copies | $8.00/item |
| Monthly Paper Statements | $3.00 |
| Statement Copy | $2.00/copy |
| Return Statement | $3.00/statement |
| Wire Transfer (Outgoing) | $15.00 |
| Skip-A-Payment | $25.00/loan |
| Closed Account (within 90 days of opening) | $10.00/account |
| NSF | $28.00/item |
| Overdraft/Courtesy Pay | $4.00/item |
| Return Payment (ACH) | $25.00/item |
| Return Item (Third Party) | $25.00/item |
| Stop Payment – Check or ACH | $25.00/request |
| Share Draft Monthly Service Charge | $5.00/month if min. balance not maintained |
| Dormant Account | $5.00 |
| Christmad Club Early Withdrawal | $25.00 |