Share
Savings
This
account is the building block of your credit union membership. With
your initial $25.00 deposit, you open yourself up to a world of savings
options. And don't forget saving is easy with the convenience of payroll
deduction. Dividends are compounded and paid quarterly on the average
daily balance. A minimum balance of $100.00 is required to earn dividends.
Other features of
Share Savings include:
- A competitive interest
rate paid quarterly on the average daily balance in your account
- Withdrawals
- Stop
by a credit union branch or go to an ATM terminal
- Request
a check via Advisor 24
or Online
Banking
- Make
up to three savings withdrawals per quarter free of charge
(After three withdrawals in one quarter a $5 charge per excessive
withdrawal is applied)
- Online
access
to your account
- Quarterly statements
delivered by postal or electronic mail
- Payroll Deduction
- Deposits to your savings account deducted directly from your paycheck
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Peak
Investors Club
Open to all members
55 years of age and older who maintain a combined total of $5,000
or more in their Share Savings Account, Individual Retirement Account
or Certificate of Deposit Account, the Peak Investors Club entitles
you to wealth of Privileges.
- Dividends
are compounded and paid monthly on the average daily balance
- Dividends-earning
Checking Account with no services charges with direct deposit
- Free safety
checks
- No fees with
purchase of single party Travelers Cheques
- Minimum balance
of $1,000 required
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Holiday
Savings Club
If
finding enough money for your holiday shopping is like playing hide
and seek, the Holiday Savings Club is for you.
- Deposits
can be made through payroll deduction or at your convenience
- The Club
runs from November 1st through October 31st each year - on November
1st the funds are deposited into your Share Savings account for
withdrawal by ATM or check
- Dividends
are paid monthly on the average daily balance after the account
balance reaches $100
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Vacation
Club
Want to take a dream vacation? Start saving today with a Vacation
Savings Club account.
- Two withdrawals
per year allowed
- Deposits
can be made through payroll deduction or at your convenience
- Dividends
are paid monthly on the average daily balance after the account
balance reaches $100
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Share
Certificates of Deposit
For
safe and higher return on your money check out our Share Certificates.
- Minimum balance
of $1,000
- Fixed rates
- Dividends
compounded quarterly on the average daily balance
- Maturities
range from six months to
five years
- Available
for purchase in person, by mail, or over the phone.
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Moola
Moola Children's Club
It's never too
early to teach your children the importance of saving. The Moola Moola
Children's Club is for children from birth through 12. After membership
is established this account may be opened with $5. Dividends are compounded
and paid monthly on the average daily balance after the account balance
reaches $100. |
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First
Step Club
Use this account to teach your teenager the basics of financial
responsibility. The First Step Club for Teens offers a Tuition Savings
account and with an adult member co-signer, that all-important first
checking account.
- Dividends
are compounded and paid monthly on the average daily balance after
the account balance reaches $100
- Free checking
account - there are no monthly services charges, no per check
charges and no minimum balance requirements
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Traditional
IRA
Enjoy the convenience and
safety of saving for retirement with an IRA.
- Minimum
to open $25
- Rates are
compounded daily and paid quarterly
- Insured separately
by the NCUA up to $100,000
- Contributions
and dividends may be tax deferred
- Distributions
required at 70 1/2 years of age
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Roth
IRA
- The Roth IRA offers
the same benefits as the Traditional IRA but goes a step further.
Possibly one of the best tax breaks in years, the Roth allows
withdrawal of contributions without penalty. Dividends may be
withdrawn without penalty after five years and age 59 1/2. Contributions
can continue as long as you have earned income and you do not
have to withdraw the funds at 70 1/2 years of age.
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