SAVINGS ACCOUNTS A
USDA Credit Union savings account is called a share account.
You can open a share account with an initial $5 deposit. This
deposit declares your membership and entitles you to take advantage
of our many great services.
Additional deposits to your share account can be made through
Payroll Deduction, ATM (must have a share draft account to access
savings from an ATM), coming into the credit union office or deposit
checks through the mail.
CURRENT SHARE ACCOUNT RATES
|
ACCOUNT TYPE |
RATE |
APY |
| PRIMARY SHARE |
.25% |
.25% |
| IRA SHARE |
.25% |
.25% |
| VACATION ACCOUNT |
.25% |
.25% |
| KIRBY KANGAROO |
.25% |
.25% |
| CHRISTMAS ACCOUNT |
.25% |
.25% |
| ESCROW ACCOUNT |
.25% |
.25% |
| BONUS ACCOUNT |
.50% |
.50% |
Dividends are calculated on the average daily balance and paid monthly
to your share account. These dividends are based on the monthly
earnings of the Credit Union and are determined by the Board of
Directors of the Credit Union. Contact the credit union office for
details.
SHARE CERTIFICATE ACCOUNTS
|
TERM |
RATE |
APY* |
MINIMUM
|
|
|
|
|
|
| 6-MONTH |
0.25% |
0.25% |
$1,000 |
| 9-MONTH |
0.50% |
0.50% |
$1,000 |
| 12-MONTH |
0.75% |
0.75% |
$1,000 |
|
24-MONTH |
1.25% |
1.26% |
$1,000 |
|
|
|
|
|
|
IRA TERM
|
IRA RATE |
IRA APY* |
IRA MINIMUM |
|
18-MONTH IRA |
1.00% |
1.00% |
$500 |
*The APY assumes principal deposit and dividends remain in the account
until maturity. Rates are determined by the board of directors
monthly and may change without notice. Share certificate dividends
are paid quarterly on the last day of each quarter and at maturity.
Penalty for early withdrawal of certificate funds is a forfeiture of
90 days dividends, plus the loss of accrued unpaid dividends on the
principal amount withdrawn.
TO ESTABLISH YOUR MEMBERSHIP
E-Mail
the Credit Union your request and a membership
form will be mailed to you directly.
|
