Regular Share Savings Account
Super Share Savings Account
Share Draft (Checking Account) -- "Members
Choice Account"
Share Draft (Checking Account) -- "Advantage
Checking"
Special Shares Account
I. R. A. Share Account
Term Share Accounts and IRA Term Share Accounts
(Certificates of Deposit)
Mini-Jumbo and Jumbo Term Share Accounts (Certificates
of Deposit)
Regular Share Savings Account
- A minimum initial deposit of $5.00 is required
- A $5.00 minimum balance must be maintained at all times
- An average daily balance of at least $100.00 is required
to earn a dividend
- Dividends are paid quarterly
- Payroll deduction is available
- Direct deposit is available
- A quarterly statement is furnished showing all transactions
and dividends earned
- 24-hour account access with "HomeCU" home banking
or "Teller-24" audio response
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Super Share Savings Account
- A minimum initial deposit of $5,000.00 is required
- Dividend rates increase at higher deposit plateaus ($5,000.,
$25,000., $40,000.)
- You may withdraw funds anytime without penalty or loss
of dividends earned
- Dividends are paid quarterly
- Payroll deduction is available
- Direct deposit is available
- A quarterly statement is furnished showing all transactions
and dividends earned
- 24-hour account access with "HomeCU" home banking
or "Teller-24" audio response
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Share Draft (Checking Account) -- "Members Choice
Account"
- A minimum initital deposit of $25.00 is required
- Does not earn a dividend
- No monthly service fee
- Payroll deduction is available
- Direct deposit is available
- A monthly statement is furnished showing all transactions
- 24-hour account access with "HomeCU" home banking
or "Teller-24" audio response
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Share Draft (Checking Account) -- "Advantage
Checking"
- A minimum initial deposit of $25.00 is required
- An average daily balance of at least $1,000.00 is required
to earn a dividend
- A $7.00 per statement cycle service fee is imposed if
the minimum balance requirement is not maintained
- Dividends are paid monthly
- Payroll deduction is available
- Direct deposit is available
- A monthly statement is furnished showing all transactions
and dividends earned
- 24-hour account access with "HomeCU" home banking
or "Teller-24" audio response
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Special Shares Account
- A minimum initial deposit of $25.00 is required
- An average daily balance of at least $100.00 is required
to earn a dividend
- Dividends are paid quarterly
- Payroll deduction is available
- Direct deposit is available
- A quarterly statement is furnished showing all transactions
and dividend earned
- 24-hour account access with "HomeCU" home banking
or "Teller-24" audio response
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I. R. A. Share Account
- Guidelines for enrolling in an IRA account are covered
in a separate package given to members upon enrollment
- IRA accounts available are:
- a) Traditional IRA
- b) Roth IRA
- c) Educational IRA
- Market Index Certificates are available for IRA investments
(ask credit union for details)
- A minimum initial deposit of $25.00 is required. Successive
minimum add-on amount is $25.00 per deposit
- An average daily balance of at least $100.00 is required
to earn a dividend. (On Regular Share IRA's only)
- Dividends are paid quarterly
- $2,000.00 maximum deposit per year allowed
- A quarterly statement is furnished
- No front end charges
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Term Share Accounts and IRA Term Share Accounts (Certificates
of Deposit)
- A minimum deposit of $1,000.00 is required to open a Term
Share Account
- Terms available: 6 month, 12 month, 18 month, 24 month,
36 month, 48 month
- Penalty for early withdrawal is equal to 90 days dividends
at Term Share account rate for Term Share account terms
of two (2) years or less
- Penalty for early withdrawal is equal to 120 days dividends
at Term Share account rate for Term Share account terms
of three (3) years or more
- Additional deposits to existing Term Share accounts are
not allowed
- Term Share accounts are automatically renewable upon maturity
- Dividends: Members Choice (For
Regular Term Share Accounts only)
- a) Paid "Quarterly" (added to C.D. principal
balance)
- b) Paid "Monthly" (added to S/D or R/S balance)
- A quarterly statement is furnished showing all transactions
and dividends earned
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Mini-Jumbo and Jumbo Term Share Accounts (Certificates
of Deposit)
- A minimum deposit of $40,000. or $75,000. is required
to open a Mini-Jumbo or Jumbo Term Share Account
- Terms available: 6 months, 12 months, or 25 months
- Penalty for early withdrawal is equal to 90
days dividends at Mini-Jumbo or Jumbo Term
Share Account rate
- Additional deposits to existing Mini-Jumbo or Jumbo Term
Share Accounts are not allowed
- Mini-Jumbo and Jumbo Term Share Accounts are automatically
renewable upon maturity
- Dividends: Members Choice
- a) Paid "Quarterly" (added to C.D. principal
balance)
- b) Paid "Monthly" (added to S/D or R/S balance)
- A quarterly statement is furnished showing all transactions
and dividends earned
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