Share (Savings) Account
This account requires a $300.00 opening deposit or direct deposit ( click for Direct Deposit Form) from payroll. ATM/Debit cards are available with the share draft account. There is a $1.00 fee charged each time after 4 withdrawals per month are made at an ATM. We're excited! We are now partnered with Regions Bank. They are allowing our members to use their ATMs surcharge free! You can transfer from Savings to Checking from an ATM machine.
Term Share Account (CDs)
Term Share Certificates (Certificates of Deposit - CDs) are accounts that offer you a secure way to invest your money for a specific term. Certificate terms range from 6 months to 36 months and require a minimum deposit of $1,000.00 to $100,000.00. Certificates typically earn higher dividends than share accounts. The interest rate is fixed until the maturity date. Once the certificate matures you have a grace period of seven calendar days. During the grace period you may deposit or withdraw funds without being charged a penalty.
Individual Retirement Account (IRA)
The credit union offers two types of retirement accounts - Traditional Individual Retirement Account (IRA) and ROTH IRA. These accounts are designed for retirement saving. Depending on the type of IRA you choose, your contributions may be tax-deductible and will grow tax free.