Savings

Membership Share Accounts

A minimum deposit of $5.00 is required to become a member.

  • This allows you one share in the credit union.

  • No other services with the credit union can be offered unless this $5.00 minimum is maintained.

  • A minimum $50.00 average daily balance is required to receive APY**. Dividends are calculated on the average daily balance (paid and compounded quarterly).

  • The dividend rate is based on current market conditions.

  • There is no dividend penalty for the withdrawal of funds.

  • Deposits earn dividends from the date of deposit to the date of withdrawal.

Money Market Account

Generally, our highest-yielding savings account.

  • Dividends are calculated on the average daily balance (paid and compounded monthly).

  • There is no dividend penalty for the withdrawal of funds.

  • Deposits earn dividends from the date of deposit to the date of withdrawal.

  • This is a tiered share account where the more extensive the account balance, the higher the dividend rate your funds will earn.

Scottie Saver Club

Children 12 years and younger are eligible. 

  • For every $10.00 in deposits, they earn one Scottie Buck.

  • With Scottie Bucks, they may purchase items that are on display at the credit union.

SCOTTIE SAVER MEMBERS:

The Scottie Saver’s account is in place to encourage kids to save their own money. When kids deposit their money, they will receive one Scottie Buck for every $10 deposited. Scottie Bucks can then be used to purchase items from the Scottie Saver Store at the credit union. Deposits of their own money include, but are not limited to, allowances, birthday money, gift money, and money earned doing chores. It does not include the parent’s payroll checks, tax refunds, child support checks, or other deposits of the parent’s money. You may still deposit these things into your Scottie Saver’s account, but you will not earn Scottie Bucks for them.

To earn Scottie Bucks, you must maintain your savings balance. If you withdraw funds, the amount has to be redeposited before more Scottie Bucks can be earned.

Please remember to bring your red Scottie Saver book every time you make a deposit so that we can be sure to give you all of the Scottie Bucks that you earned.

Individual Retirement Accounts

TRADITIONAL IRA

Dividends are Tax-Deferred, and in many cases, the contribution is Tax Deductible.

  • A great way to lower your tax liability.

  • Easy to open.

  • Deposits can be for any amount within IRA statutory limits.

  • Accounts are insured separately up to the maximum amount designated by the National Credit Union Administration (NCUA), a US Government Agency. No setup charges or annual maintenance fees.

  • Dividends are calculated on the average daily balance (paid and compounded monthly).

  • Dividend rates may change at any time.

ROTH AND EDUCATION IRAs ARE ALSO AVAILABLE

Dividend rates may change at any time.

  • Dividends are calculated on the average daily balance (paid and compounded monthly).

  • Accounts are insured separately up to the maximum amount designated by the National Credit Union Administration (NCUA), a US Government Agency. No setup charges or annual maintenance fees.