| When you become
a member
of the credit union a savings account is opened in your name.
An initial deposit of $5 is required. All members must maintain
a $5 balance in their savings account to remain a member, and
demonstrate regular activity in their account to keep it open.
Other features
of Regular Savings include:
- A competitive
interest rate paid quarterly on the average daily balance
in your savings account. Click here
for current rate information.
- Withdrawals:
To withdraw money from your savings account, simply stop
by the credit union or go to an ATM terminal. Members may
make up to two savings withdrawals per month free of charge.
After two withdrawals in one month a $5 charge per excessive
withdrawal is applied.
- Quarterly
statements by mail.
- Payroll
deduction: You may have deposits to your savings account
deducted directly from your paycheck.
- If you have
any other questions about regular savings accounts at Members United Credit Union, contact
us.
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