DEPOSITS:
Savings (Share) Accounts:
- Regular Shares – Minimum balance is $5 – Minimum to earn dividend is $100 – Dividends are calculated on daily balance and compounded quarterly.
- Christmas Clubs – Minimum balance is $5 – Minimum to earn dividend is $100 – Dividends are calculated on daily balance and compounded quarterly – Proceeds are transferred to member’s Share 1 Account the first working day in November.
- IRA’s – Minimum balance is $5 – Minimum to earn dividend is $5 – Dividends are calculated on daily balance and compounded quarterly.
- HSA's - No minimum balance required - Minimum to earn dividend is $5 - Dividends are
calculated on daily balance and compounded quarterly.
Term Share Certificates:
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3 Month
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6 Month
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12 Month
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30 Month
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60 Month
Minimum deposit is $500 – Minimum deposit for youth (under 18 years old) is $250 – Dividends are paid to member’s Share 1 Account at maturity for 12 Month and less certificates – Dividends are paid to member’s Share 1 Account semi-annually (June & December) and at maturity for certificates over 12 Month – Rates are simple interest – Penalty for premature withdrawals is 3 months interest on certificates with 12 Month or less maturity – and 6 months interest on certificates over 12 Month maturity.
Share Draft (Checking) Accounts:
LOANS:
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Signature – Maximum $2000 – 24 Month Term.
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VISA Credit Cards – Platinum and Classic – Low competitive rates – No annual fee – No cash advance fee – 25-day grace period on purchases – Worldwide acceptance – Scorecard Points Program.
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New & Used Vehicle and Other Collateral
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Real Estate (Mortgages)
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Share Secured
ELECTRONIC FUNDS:
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ATM Star Card – Withdraw from savings or checking at ATM.
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MasterCard Debit Card – Withdraw from savings or checking at ATM – Withdraw from checking only for purchases – Daily cash withdraw limit is $300 – Daily purchase limit is $500 – Limits can be changed if requested and approved.
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ACH – Other institutions can deposit and/or withdraw funds from savings and/or checking accounts.
VISA GIFT CARDS:
- Can be purchased in any dollar amount from $10 to $500.
- Fee is $4 per card.
- Must be used within 6 months of purchase or VISA starts charging a monthly fee.
