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Saving
Options
Savings
We offer a variety
of savings accounts paying highly competitive dividends (or interest rates).
Each is designed to satisfy your specific financial need.
-
Regular
(Share) Savings - (Joint access available)
This
is your primary account. Your initial $5 deposit represents your share
of ownership in the credit union. Dividends are paid monthly on the
daily balance in the account once you have accumulated $50 on deposit.
-
Secondary
Savings - (Joint access available)
Use
these accounts to save for a vacation, education, a holiday expense, or
any special occasion.
-
Christmas
Club Account
Conveniently
plan and save for your holiday expenses with this savings account.
Your Christmas Club account will mature the first business day of
November each year. You can
elect to receive your funds by check, or have it conveniently
transferred into your checking or savings account for easy access.
A penalty will be applied for early withdrawals.
-
Maximizer
Accounts
Accessibility
of a savings account with rates comparable to a certificate.
-
Champion
Club Account
Designed
to serve all the financial needs of our members ages 0 through 17, the goal
of our Champion Club is to help develop our young members’ financial
knowledge in order to better prepare them for the future.
The club will provide quarterly incentives for depositing funds into
a special minor’s savings or education fund and will offer special pricing
on loans. Go to Champion Club Accounts.
-
Health
Savings Account
Health
Savings Accounts (HSAs) are available to individuals covered by a high
deductible health plan (HDHP) regardless of whether they are self-employed
or employed by a small employer, and regardless of whether their employer
maintains the HDHP.
An HDHP is an
insurance policy that meets certain dollar limits as shown in the table
below:
| 2008
HDHP Limits |
Self-Only
Coverage |
Family
Coverage |
| Annual
Deductible |
$1,100
or more |
$2,200
or more |
|
Out-of-pocket
expense |
$5,600
or less |
$11,200
or less |
| |
| 2009
HDHP Limits |
Self-Only
Coverage |
Family
Coverage |
| Annual
Deductible |
$1,150
or more |
$2,300
or more |
|
Out-of-pocket
expense |
$5,800
or less |
$11,600
or less |
To
find out if a Health Savings Account is right for you contact a Member
Service Representative at (513) 753-2440.
-
Share
Certificates
Terms ranging from 3 to 80
months
We guarantee
the best rates in town - "Sharefax will meet or beat
any local financial institution's advertised rate for the same term and
requirements."
Dividends are calculated daily and paid monthly.
The minimum balance requirements for
certificates is $500 unless otherwise stated.
-
IRA's
Terms ranging from
12 to 30
months.
Accumulation
IRA's.
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