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Share Savings AccountSimply stated. Share Savings Accounts are credit union savings accounts. Share Savings Accounts offer an alternative to bank savings plans without all the extra fees or high balance requirements. Membership in the credit union is established by depositing and maintaining at least $5.00 in this account. Dividends for Share Savings Accounts are compounded daily and paid monthly. Rates may vary due to market fluctuation. All savings are insured up to $250,000 by the NCUA (National Credit Union Administration), a U.S. government agency Sub-Share Savings AccountThis account is a unique savings account that allows members to save for special events while earning the same dividends as the Share Savings Account. The Sub-Share Account requires no minimum balance. This type of account is not accessible through an ATM. |
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Health Savings Account (HSA)We offer HSA savings or checking accounts with checks or debit card access. HSAs help members with their medical costs that participate in a high deductible health plan. Self-Coverage and Family Coverage plans are available. The maximum contributions for 2020 are :
There are no fees associated with this type of account and the funds can be rolled over from year to year.
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