Share Accounts

A share account works like a savings account in any other financial institution, however a "share account" indicates your ownership in the Credit Union. Dividends are paid as opposed to interest, again indicating your ownership in the Credit Union.

Regular Shares Dividends are calculated on average daily balance and paid each calendar quarter at competitive market rates. The amount distributed to the member is determined after expenses and regular reserve requirements are met for the quarter.

All accounts are federally insured to $100,000 by NCUA, National Credit Union Administration, a U.S. Government Agency.

Life insurance is provided by the Credit Union on regular share accounts at $1 for $1 coverage up to $2,000 saved. (Age and health limitations apply.)