All members have a basic savings account at the credit union. These savings accounts are also called Regular Share Accounts or Share Savings Accounts. Credit Unions call your savings “shares” because they represent your ownership of the credit union.

$5 is all it takes to open your savings account — and your $5 stays in your account and gives you all the rights and benefits of membership. Unlike a deposit at a bank, your "share" makes you an owner, not a customer. You are an equal owner with all other credit union members, regardless of the amount in your account.

Interest paid on accounts is referred to as dividends. An average monthly balance of $50 or more in your regular share account earns dividends which are posted quarterly. Rates are competitive with other financial institutions.

Types of Saving Accounts

• Regular Share Accounts
• Childrens' Savings Accounts*
• Second Share Accounts* provide flexibility for:
  • Holiday Accounts*
  • Vacation Savings*
  • Save for College Fund*
  • Earmarked Savings* (big purchase, gifts, taxes)
• Omega Share Accounts pay no dividends and are often used to secure loans

* These accounts earn dividends at the same rate as Regular Share Accounts and have the same deposit and withdrawal privileges.

See Also:

• Super Share Money Market Accounts
• Individual Retirement Accounts
  • Traditional IRA Accounts
  • Roth IRA Accounts
  • SEP-IRA Accounts
  • Coverdell Education Saving Accounts

Accounts are Federally insured by the National Credit Union Administration (NCUA)a government agency to at least $100,000 per account and backed by the full faith and credit of the United States Government.

Click here for Account Terms.
Click here for Account Rates.