All member are required to open a master share account. This account helps build the relationship between the credit union and the member. This account is opened with a $25 deposit that has to stay in the account for the life of the account. We want to help you save money and a Master Share Account is a great way to start.
Money Market Account
Money Markey Accounts (MMA) is a savings account for members to have access to funds if needed but to be able to earn more interest on their money. MMA is a tier-based interest account that bases the interest rate on the amount of funds in the account. The minimum to open the account is $500 and must maintain above a $500 balance at all times.
A Christmas club is an account that can be opened to help save for extra expenses that occur during the Christmas season while earning dividends. To be eligible for the current year the account must be opened by July 31st. Early in November the members enrolled will receive a check for the amount in the Christmas Club Account just in time for Christmas. Why try to come up with the money for Christmas in a couple of months when you can put away money each month throughout the entire year?
The Miscellaneous Savings Account is setup to meet your specific needs and can be used for anything from a vacation fund to paying your taxes. By setting up a Miscellaneous Savings Account your funds are kept separate from you Master Share Account and still earn dividends.
Certificate of Deposit
A savings account that guarantees you a return on your savings in exchange for a short term commitment. Money put into a CD is left for a specific amount of time earning a higher interest rate. CD’s are opened with a minimum deposit of $250.
Have you started to prepare for life after work? We are here to help! Let us assist you in planning for the future by opening a new Individual Retirement Account (IRA) or rollover your 401K from a previous employer.
Each member’s account is federally insured up to at least $250,000 by the National Credit Union Administration, a U.S. government agency. Additionally, IRAs are separately insured up to $250,000.