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Shares (Savings)

Regular Share

Regular share accounts are available to help you manage your budget and save for that rainy day.  Every member has a Share 1 with a $5 minimum balance.

Vacation Club & Christmas Club Accounts

Club accounts are designed to help you save payroll deduction for that special vacation and gift giving season.  The Credit Union will automatically withdraw the funds in the Vacation Club Account on the last business day in April and will automatically withdraw the funds in the Christmas Club Account on the last business day in October.  If you have a Share Draft (Checking) Account at the Credit Union, these funds will be transferred to your Share Draft Account.  If you do not have a Share Draft Account, you will be mailed a cashiers check.  You may withdraw from your club account up to three (3) times per year.  These withdrawals are in addition to the automatic withdrawals.

View the Vacation Club and Christmas Club disclosure

Money Market Share Account (MMSA)

The MMSA has a $2,500 minimum balance requirement with a variable rate.  The dividend rates will be determined by the Board of Directors at the end of each month.  Dividends are compounded daily and paid to the account monthly using the daily balance method, which applies a daily periodic rate to the balance in the account each day.  The dividend period is monthly beginning on the first calendar day of the month and ending on the last calendar day of the month.  Dividends will be posted to accounts on the last day of the month for the current month.

View the Money Market Share disclosure

Premier Money Market Share Account (PMMSA)

The PMMSA is similar to the MMSA above except for:

  • a $50,000 minimum balance requirement
  • a “sweep account” feature to automatically transfer funds to a Share Draft (Checking) Account at the Credit Union to cover incoming checks (up to the $50,000 minimum balance)

View the Premier Money Market Share disclosure

Dividend rates are determined by the Board of Directors at the end of each calendar month.  The following table lists the accounts, dividend rates that are compounded daily and the resulting annual percentage yields.

Savings Rates
Type of Account Dividend Rate Declared Last Month Annual Percentage Yield (APY)
Regular Shares 0.10% 0.10%
Share Draft 0.00% 0.00%
Christmas and Vacation Clubs 0.15% 0.15%
Health Savings Accounts 0.15% 0.15%
Roth/Roth Conversion Individual Retirement Account 0.65% 0.65%
Traditional Individual Retirement Account 0.65% 0.65%

 

Money Market Share Account (MMSA)
Balance Dividend Rate Declared Last Month Annual Percentage Yield (APY)
$2500 to $24,999 0.25% 0.25%
$25,000 to $99,999 0.35% 0.35%
$100,000 to $349,999 0.55% 0.55%
$350,000 and up 0.60% 0.60%

 

Premier Money Market Share Account (PMMSA)

  • a $50,000 minimum balance requirement
  • pays the same rates as the MMSA tier structure above
  • a "sweep account" feature to automatically transfer funds to a Share Draft (Checking) Account at the Credit Union to cover incoming checks (down to the $50,000 minimum balance)