Member Services
Back to School Club
The Back To School Club encourages members to set aside funds for the upcoming school year. Unlimited deposits may be made to this account, but withdrawals before July 31st will close the account. The account will mature and funds will automatically be transferred to your Share Account on August 1st.
Key Benefits Include:
- Serves as a savings plan to help members prepare for the upcoming school year.
- Unlimited Deposits
- Automatic transfer to your Share Account on August 1st.
Christmas Club
The Christmas Club Account serves a savings plan to help members prepare for the holiday season. Unlimited Deposits may be made to this account, but withdrawals made before September 30th will close the account. The account will mature and automatically transfer to your Share Account on October 1st. Dividends are paid quarterly.
Key Benefits Include:
- Serves a savings plan to help members prepare for the holiday season.
- Unlimited Deposits.
- Automatic transfer to your Share Account on October 1st.
IRA
The IRA is a financial planning tool which gives members the security of establishing funds to be used to meet the needs of retirement living. Members can contribute up to $2,000.00 per person a year, and contributions for the previous year are accepted until April 15. IRAs are tax-deferred savings accounts which earn a competitive dividend rate. A portion of the funds may be withdrawn after the age of 59½ and 100% of the funds are available for withdraw at age 65. Penalties will be incurred for early withdraw.
Key Benefits Include:
- Members can contribute up to $2,000.00 per person a year.
- IRAs are tax-deferred savings accounts.
- Contributions for the previous year are accepted until April 15.
Share Account
Regular Share Account functions as a daily savings account. The minimum balance to open and maintain the account is $10.00. Your $10.00 also serves as the membership par value. Dividends are paid to members quarterly.
Key Benefits Include:
- Low minimum balance of only $10.00
- Dividends are paid quarterly
Share Certificates
Share Certificates are term deposits which provide the member with a guaranteed rate of return. Various investment options are available to members depending upon individual needs.
Key Benefits Include:
- Guaranteed rate of return.
- Investment options.
Share Draft Account
This account features automatic overdraft protection from your Share Account. There is no minimum balance or monthly service charge on the Share Draft Account.
Key Benefits Include:
- Automatic overdraft protection
- No minimum balance
- No monthly service charges