Through constant growth, we have added participating groups throughout the region and expanded the services offered to our membership. In order to offer more services to our community and to further expand our membership base, the Board of Directors elected to change the name of the credit union. Our new building, located at 430 North Hampton, now has the convenience of drive-thru and ATM services.
Services
The account can be opened with a minimum deposit of $5. Although that initial $5 deposit is not a fee, it must be maintained as a minimum balance to keep your account active and be able to use Credit Union services. Your Share Savings Account will earn dividends that are calculated on the daily balance, paid and compounded quarterly.
These special savings accounts are attached to your existing Share Account and therefore does not require any additional minimum deposits. Your Special Savings Account will also earn dividends that are calculated on the daily balance, paid and compounded quarterly. The Special Savings Accounts are simply an extension of your Regular Share Savings and are accessible at any time.
Dividends on Share Certificates are calculated on the daily balance, compounded and paid quarterly. The quarterly dividend can be added back to the Certificate principle or posted to your Share Savings Account. There is a penalty for early withdrawal if redeemed before the maturity date.
The early withdrawal penalty will not apply if there is a 'Penalty Free' option on the certificate or if the Primary Certificate Owner is deceased or determined incompetent by a court.
The early withdrawal penalty will not apply if there is a 'Penalty Free' option on the certificate or if the Primary Certificate Owner is deceased or determined incompetent by a court.
This feature will allow you to check balances, see what has cleared your Share Draft Checking Account, transfer funds between your accounts and transfer loan payments on your account. You can even submit a request for a new savings account, a completely separate second account, and even request a new share certificate be issued from funds in your account.
You are already familiar with the ease and convenience of your Share Savings Account with the Credit Union. We can offer you the same ease and convenience for your checking needs with a Share Draft Checking Account, and best of all. You can add a Share Draft Checking Account to your Share Savings Account and enjoy the benefits created by this account combination.
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