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Share-Savings Account
A Share-Savings Account is required to establish your credit union membership. With a minimum initial deposit of just $25, you can start enjoying all the benefits of our Share-Savings Account, other credit union products & services, competitive dividends, and the safety and security of your deposits.
- Dividends are compounded monthly and paid quarterly
- No monthly service fee
- Quarterly statements
- Additional savings “sub-accounts” are available
Share Certificate Account (Certificate of Deposit)
Our Certificates offer a great way to save money and earn competitive dividends. With an initial minimum deposit of just $2,000, you can open a certificate and start earning higher rates than your regular savings. These short- or mid-term investments can be an excellent addition to your overall portfolio.
- Minimum $2,000 deposit
- Flexible terms available from 6 to 24 months
- Fixed Rate*
- Dividends are compounded quarterly and paid quarterly
- Quarterly statements
Holiday Club
Make your holidays even more enjoyable by opening a Holiday Club account. The account allows you to effortlessly put aside a fixed amount each month so that you will have money when you need it most!
- Open this account any time during the year with a low initial deposit
- Automatically deposit funds to your Holiday Club using direct deposit or an automatic transfer from your savings or checking account
- Fixed Rate* compounded quarterly and paid quarterly
- Saved funds automatically transferred to your primary savings account in November of each year
Scottie Saver Account
- Low initial deposit
- Fixed Rate*
- Compounded monthly and paid quarterly
Individual Retirement Account
(IRA)
At different stages in your life, you face different financial needs. Not only is opening an IRA account a safe and secure way to prepare for your retirement; it’s great for saving for other major life events such as college tuition or the purchase of a home. Also, you may be eligible to deduct your IRA contributions from your taxable income. (Contact your tax adviser for more detailed information).
- Flexible contribution amounts
- Tiered variable rate. Higher balances receive higher earnings.
- No term restrictions
- Tax-deferred growth and tax-deductible contributions**
*The rate and annual yield will not change unless the credit union provides a minimum 30-day notice
** Contact your Tax Advisor for details on tax deferral and tax deductibility