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Share Savings Share savings is your regular savings account and represents ownership in the credit union. It allows you one vote at the Annual Meeting. Payroll Deduction / Direct Deposit Pay yourself first with Payroll Deduction or Direct Deposit to conveniently build savings or pay loans. Payroll Deduction automatically deposits an amount you choose from your paycheck into your Credit Union account(s). Direct Deposit automatically deposits your net pay check (after all deductions) into your savings or checking account. The Credit Union also accepts Direct Deposit of government, retirement, and Social Security checks. This service usually begins within two pay periods. You may need to fill out a separate form from your employer to begin these services. Apply today Christmas Club Deposits are made in the same way as savings. Checks are mailed the second week of October. Term Share Certificates Term share certificates offer higher dividends than regular share accounts, and are in increments of six months, one year, 18 months, two years and 30 months. Money Market Accounts For funds in excess of $2,500. Dividends can be guaranteed up to 30 days and are paid on average daily balance. IRAs IRAs are tax-deferred accounts for credit union members. Check and see how you can plan for a comfortable retirement right now! Insurance Life insurance and disability plans, auto and homeowner's insurance are available through the League Insurance Agency. |
