Account Description. This account is a term share account with a maturity of two (2) years or four (4) years in which the member generally does not have the right to make withdrawals for six (6) days after the account is opened unless an early withdrawal penalty is imposed. If the rate increases during the term of the CD, you can request the credit union to “bump up” the rate one time during a two (2) year CD or twice during a four (4) year CD.
Account Description. Regular Savings is the Primary Savings necessary to establish and maintain membership in the Credit Union unless your membership is established under one of the special Primary Savings set forth below.
Account Description. Prime Time Savings is available for primary members sixty-five (65) years of age or over.
Account Description. Secondary Savings may be established in addition to a Primary Savings.
Account Description. Christmas Club Savings are available to members at any time. Funds are transferred to your checking account on the first business day of November, bringing the balance to zero, but leaving the account open. If no checking account exists, funds will be transferred to the Primary Savings.
Account Description. This account is for members who would normally be unable to establish a checking account elsewhere. The member who builds a good history with the credit union will gain access to more account privileges in the future. This account does not earn dividends and incurs a monthly service charge as set forth in the Fee Schedule.
Account Description. Money Management is available to members who wish to earn money market rates, while reserving check-writing privileges. Money Management consists of a transaction sub account and a savings sub account. Funds not routinely needed to pay debits may be transferred to a savings sub account. We may periodically transfer funds between these two sub accounts. Your dividend calculation will remain the same. This process will not affect your available balance, the dividends you may earn, NCUA insurance protection, your monthly statement, or any other features of this account. Otherwise, the savings sub account will be non-dividend bearing.
Account Description. A First Money Market Fund is available to members who wish to earn money market rates, while reserving check-writing privileges. Money Market consists of a transaction sub account and a savings sub account. Funds not routinely needed to pay debits may be transferred to a savings sub account. We may periodically transfer funds between these two sub accounts. Your dividend calculation will remain the same. This process will not affect your available balance, the interest you may earn, NCUA insurance protection, your monthly statement, or any other features of this account. Otherwise, the savings sub account will be non-dividend bearing.
Account Description. Health Savings Accounts (HSAs) are tax-exempt trusts or custodial accounts used in conjunction with a High Deductible Health Plan (HDHP). There are certain tax advantages to putting money into these accounts including favorable tax treatment. A Health Money Management is available to members who wish to take advantage of the federal HSA benefits while earning money market rates and reserving check-writing privileges. The member is responsible for determining account eligibility. Deposits will be considered for current year unless you specify otherwise between January 1 and April 15 that it is to be applied to previous year contributions. All withdrawals will be reported to the IRS as a normal distribution unless stated on HSA Withdrawal Instruction Form 2606H. For additional information, please see separate HSA disclosure.
Account Description. This account is a high-yielding checking account and incurs a monthly account fee if qualifications are not met. Dividends are based on meeting qualification factors per month as outlined in Additional Features and Account Bonuses below.
