Share Accounts (savings)

Membership Share Savings

The source of all money loaned to members of the Credit Union is the savings of other members. Your savings in the Credit Union is called a "share account," because it is your share of ownership in the Credit Union. Your deposits to this account purchase shares on which you receive dividends. Dividends, reported as interest income to the IRS, accrue daily and are paid monthly or quarterly at the Board's discretion.

High yield accounts are available with a $2,500 minimum deposit with dividends subject to review and change monthly or quarterly at the Board's discretion.

High-Yield Investment Account

The High-Yield Investment account offers a tiered interest rate based on the balance of the account at a higher return then the Membership Share Savings while providing the same liquidity. Dividends compound daily and are credited to the account monthly.

  • $2,500 minimum deposit
  • Make deposits anytime you want
  • Minimal restriction on withdrawals

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