FAQ–Savings Accounts

How much do I need to open a savings account?

The minimum initial deposit is $5.

Can I use my savings account as overdraft protections for my checking account?

YES! We will transfer funds to your checking account to cover checks. We will transfer 3 times per month free. After 3 times there is a $5.00 fee for each additional transfer.

How often do I receive a statement?

Statements are mailed after the end of the each calendar quarter, and they include all transactions on your account.

What are the dividend rates on savings account?

APY 0.05% Rate 0.05% (Effective as of December 1, 2023)

Rates and terms subject to change without notice. Contact credit union for current rates.