Share Services

Master Share Account

The Master Share Account is commonly know as a savings account.  This account makes you an owner of our financial
cooperative.  The Master Share Account is the basic account on which credit unions are built.  Every member pays a one
time $15.00 membership fee when joining the credit union.  A $20.00 deposit enables you to enjoy all the benefits the
credit union offers.  To earn dividends, and average daily balance of $300 a quarter is required.  Dividends are paid January 1st, March 31st, June 30th, and September 30th.

Special Use Account

The Special Use Account is our way of helping you save for that special occasion.  The account is opened with a minimum deposit of $10, with a limited onetime withdrawal restriction.  Dividends are paid at the time of withdrawal.

Benefits Of The Share Accounts

Gives you access to all credit union accounts and services
Payroll deductions by your employer
Quarterly statements and newsletters
Competitive dividend rates set by the Board of Directors


Share Draft Accounts

The Share Draft Account is a “better checking account.”  Open the account with as little as $10.  Ther is no monthly service charge.

No per item draft (check) charge
Unlimited draft writing
Overdraft Protection from Shares provided
Direct deposit of net payroll, social security, pension, etc.
No minimum balance requirement
Gives access to ATM services
Dividends are paid on the aver daily balance and posted quarterly
Monthly statement

Overdraft Protection

We automatically set up your Master Share Account as an overdraft protection account.  We set up your other Share or Share Draft accounts as well.  In the event you write a draft that exceeds your share draft balance, the computer will automatically transfer from one other account the amount needed to comer the draft.  As many as three transfers to your Share Draft may be made monthly with no fee.


Investment Services

Share Plus Account

The Share Plus Account is a super money management account.  Highest dividends based on a day-in to day-out computation on the account balances(s).  You can write your own drafts, subject to a minimum dollar value.  Dividends are calculated daily, posted and compounded monthly.  The Share Plus Account requires a minimum balance of $2,500, deposits are $500 or more and withdrawals (drafts) are restricted to $250 or more.

Share Certificates

We offer a broad spectrum of share certificates ranging in terms from 6 months to 36 months with as little as $1,000 to open.  Share certificates yield higher dividends than most other investments or share accounts.  Dividends are calculated daily, posted and compounded monthly.  Share Certificates are automatically renewed at the maturity at the prevailing dividend rate.

Individual Retirement Accounts

Referred to as an IRA, this is geared toward making your retirement living easier.  These accounts are available to members having income from full or part-time employment.  Contributions to this account and dividends earned may not be taxed, depending on your income level.  We offer three ways to invest:

1. Traditional IRA Share Account – minimum balance to open $10.  Dividends are compounded and credited

quarterly.

2. ROTH IRA – allows you to save up to $500 a year per child under at the age of 18 for future education

Needs

3. Educational IRA – allows you save up to $500 a year per child under the age of 18 for future education

Needs.