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Savings
Accounts & Certificates |
| |
Regular |
Special |
Certificates of
Deposit |
Market
Index |
| Benefits |
· Dividends
earned
· Account
insured up to
$350,000 |
· Dividends
earned
· Allows you to
choose name
for the account
(ex. taxes)
· Account
insured up to
$350,000 |
· Earns a higher
rate of return
· Never lose
your principal
balance
· Account
insured up to
$350,000 |
· A higher earning
alternative
· Never lose
your principal
balance
· Account
insured up to
$350,000 |
| Requirements |
· $50 minimum
balance
· This account is
required to be a
member |
· $100 minimum
balance |
· $1,000
minimum
balance
· $500 minimum
balance for
ages 0-24 |
· $500 minimum
balance |
| Service Fees |
· None |
· $3 per month if
balance falls
below $100 |
· None
(penalty for
early withdrawal) |
· None |
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Money
Market Accounts |
| |
Regular |
Relationship |
President's
Choice |
| Benefits |
· Earns a higher
rate of return than
regular savings
· Never lose
your principal
balance
· Account
insured up to
$350,000 |
· Earns a higher
rate of return than
regular savings
· Never lose
your principal
balance
· Account
insured up to
$350,000 |
· Earns a higher
rate of return than
regular savings
· Never lose
your principal
balance
· Account
insured up to
$350,000 |
| Requirements |
· $2,500 minimum
balance |
· $2,500 minimum
balance
· Active checking
account |
· $25,000 minimum
balance |
| Service Fees |
· $10 per month if
balance falls below
minimum balance |
· $10 per month if
balance falls below
minimum balance |
· $10 per month if
balance falls below
minimum balance |
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