Regular Share AccountRegular Share Account is your
primary deposit account. Every member is required to open and maintain a $5.00 balance in this
account. You may withdraw from this account at anytime; however,
no more than 6 withdrawals can be made in a months time. Dividends are paid quarterly._______________ Dividend Plus AccountThis account requires $3,000.00 to open and a 30-day notice to withdraw. Each deposit must remain in the account for a minimum of 90-days prior to withdrawal.
Funds removed prior to this period will be subject to a penalty of
$25.00 or 2.5% of the amount withdrawn, whichever is greater. Dividends are paid quarterly._______________ Christmas
and Vacation Club AccountsThese accounts payout annually. There is no minimum balance required.
The dividend is declared prior to each Clubs term and are paid
quarterly. Funds removed prior to the completion of the term will
forfeit all dividend earnings. Club payouts can be distributed as
checks or transferred to another account with the Credit Union. Christmas
Club Term - October 1 to September 30Vacation Club
Term - May 1 to April 30_______________ 3, 6 & 12 Month Share CertificatesThe certificates are Payable At
Maturity, meaning the dividends are not recognized until the certificate matures.
Certificate rates are determined monthly and remain in effect until the
certificate matures. The minimum to purchase a share certificate
is $1,000.00. Certificates surrendered prior to maturity are
subject to an early withdrawal penalty equal to 90-days dividend.All share accounts include Life Savings Insurance up to $3,000.00 provided by the Credit Union.