Savings Accounts

Share Savings

  • Minimum deposit, and balance of, $25.00 required for membership.
  • Dividend-bearing savings account.*
  • Single or joint accounts available.
  • Used as overdraft protection for share draft/checking.

Alternate Savings Account

  • Minimum opening deposit of $50.00.
  • Minimum direct deposit of $50.00/month ($25.00 bi-weekly) required.
  • Maintain minimum balance of $50.00 to avoid monthly service charge.
  • Dividend-bearing savings account.*

Advantage Club

  • Dividend-bearing account* for members age 50 and older.
  • ¼% bonus dividend rate on share certificates.
  • ¼% discount on installment loans for qualified members.**
  • No fee traveler's checks (one signature).
  • Photocopying service - up to 10 pages per month.
  • Free notary service.
  • Free seminars covering financial and lifestyle topics.

(**Due to the Equal Credit Opportunity Act, only members over age 62 may receive loan discounts. This discount does not apply to credit card loans or other lines of credit.)

Scottie Savers Club

  • Special savings club for kids ages 0 - 12 years.
  • Newsletter, contests, and special activities.
  • A copy of child's birth certificate is required at time of opening.

CU Succeed Savings Account

  • Special savings account for teens ages 13 - 17 years.
  • Minimum opening deposit of $25.00.
  • A copy of Social Security card and birth certificate is required at time of opening.
  • Adult joint owner required.

Christmas Club

  • Special share savings account* for holiday expenses.
  • Funds are separate from regular savings account.
  • Deposits can be made at any time, including via payroll deduction.
  • Balance is paid to the member on, or after Nov. 1. (The account will remain open.)
  • Deposits made after Nov. 1 are available with no withdrawal penalty through Dec. 31 of that calendar year.

Club Account

  • A special savings account* that can be designed and used for any special purpose.
  • Club funds are separate from regular share savings.
  • Deposits can be made at any time, including via payroll deduction.
     

*Dividends for these accounts are paid quarterly on an average daily balance of $100 or more.