Savings
(Share Accounts)
(Click Here
To Apply)
Primary Shares - your primary share account is the foundation of your credit union membership. To open an account the minimum requirement is a deposit in the amount of $25.00, $20.00 of which goes into your savings account and begins earning interest the minute it goes into your account and a one-time $5.00 membership fee. You can mail in your application along with a $25.00 intial deposit and a photocopy of a photo ID. No account will be opened without all the items present. |
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Holiday
Club Accounts (Click Here
To Apply)
This account is designed to assist members in saving for the
holidays. Funds can be deposited at anytime, at any interval,
for any amount. Funds can only be withdrawn once a year on the
first Thursday in November. |
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Vacation
Club Accounts (Click
Here To
Apply)
This account is designed to assist members in saving for vacations.
Deposits can be made at any time, for any amount at any time
interval. There are no restrictions on withdrawals on this type
of account. |
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Custodial
Account (Click Here
To Apply)
A custodial account is a savings account for a child with an
adult as the custodian. The account is set up under the minors
social security number and date of birth. The money in the account
is under the control of the custodian until the child become
legal age. (The legal age currently is 18 years old.)
There may be tax advantages to this type of account under the
"Uniform Transfer to Minors Act". Consult with your tax advisor
if this is an advantageous account for your family. |
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In
Trust For Accounts (Click
Here To
Apply)
This account is similar to a custodial account except it reports
under the trustees' social security number and date of birth.
The beneficiary is entitled to the funds only upon the demise of
the trustee named on the account. |
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