Credit Union checking accounts are called share draft accounts. There is no limit to the number of checks or share drafts you can write each month.
As part of this account, you may also request a Visa Check Card to be used for purchases and cash advances using this account. You may use your Visa Check Card to make purchases or withdraw cash at any merchant or ATM anywhere that the "Visa" logo is displayed.
Direct Deposit and ACH transactions are also available with this account. The first 50 share drafts are printed free of charge. Members may choose from a large selection of check styles. Prices of the check reorders will vary depending on the style chosen. Please see the credit union for details.
You must maintain a minimum average daily balance of $500 in your account in order to obtain a monthly dividend. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in your account. The dividend rate and annual percentage yield are subject to change every dividend period as determined by the credit union board of directors.
Truth-In-Savings Disclosure Information
| Annual Percentage Yield as of Last Dividend Declaration Date |
0.50% APY |
| Dividends Compounded |
Monthly |
| Dividends Credited |
Monthly |
| Dividend Period |
Monthly |
| Minimum Opening Deposit |
None |
| Minimum Balance to Avoid Service Charge |
None |
| Minimum Average Daily Balance to earn the Stated APY |
$500.00 |
| Balance Method |
Average Daily Balance |
Additional Services
As part of your membership, the following additional services are available to you:
• American Express Travelers Checks
• Credit Disability Insurance
• Direct Deposit
• Family Membership - Any family member may join the credit union!
• Money Orders
• NADA Used Car Value Quotes
• New Car Invoice Pricing
• Newsletter
• Night Depository
• Payroll Deduction
• 24/7 Audio Response System
• Visa Check Card
• Home Banking
• E-Statements
• GAP Insurance
Many of these services are provided at no charge, however the following services are subject to a fee.
Fees:
| Corporate Share Draft |
$1.00 each |
| Deposited Item Returned |
$10.00 each |
| Drafts Drawn on Closed Account |
$15.00 each |
| Money Order |
$0.50 each |
| NSF Item (share draft or ACH) |
$25.00 each |
| Share Draft Copy |
$3.00 each |
| Statement Copy |
$6.00 each |
| Statement Reconciliation |
$10.00 hour (minimum one hour) |
| Stop Payment |
$10.00 each |
| Visa Check Card Replacement |
$5.00 each |
| Wire Fee |
$15.00 each |
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