Savings

Saving isn't just for the rich

If your money could talk ... hopefully it wouldn't be saying, "Buh-bye!" A penny saved is a penny earned and starting with any amount is better than none.

Set Savings Goals

Member Savings

Truth is you can set up a savings account for pretty much whatever you want. Even a dairy cow. That is, if you want really fresh cheese.

• Account provides membership to credit union

• No monthly service fee

• $5 minimum deposit to open

• Highly competitive dividend rates

• Dividends compound monthly

• Federally insured by NCUA

Rates & Fee Schedule / Personal Account Disclosures / Online Services

apply online

Money Markets

You know how you’ve been looking for a way to start saving for a car, a down payment for a house, or the kids’ college fund? We found it.

• Tiered rate structure for greater earnings

• No monthly service fee

• $2,500 minimum to earn dividends

• Dividends compound monthly

• Your full balance is accessible*

• Checking and IRA options

• Free eStatements

• Federally insured by NCUA

• Can be used for retirement

Rates & Fee Schedule / Personal Account Disclosures / Online Services

apply online

*Account is limited to six (6) withdrawals each month in any combination of automatic, telephone, or pre-authorized transfers and check, debit card, or similar transaction. Withdrawals made in a branch are not limited.

Certificates

You choose how long you want to park it. The difference is we pay you, instead of you paying us. Sort of like bank CDs, only way better, because you own the credit union.

• Competitive rates on all certificates

• Greater earning than basic savings account

• Fixed rates guaranteed for length of term

• Terms from 3 months to 5 years

• $1,000 minimum deposit to open

• Federally insured by NCUA

• Can be used for retirement

Rates & Fee Schedule / Personal Account Disclosures / Online Services

apply online

Member's Choice account

Like a Traditional Share Certificate, a Member's Choice Account lets you earn more dividends than a basic savings account. But instead of starting with a big wad of cash, you can build your savings gradually with monthly direct deposits.

• Competitive rates

• Greater earning than basic savings account

• No minimum balance

• Pre-authorized monthly direct deposits (required)

• Make additional deposits online or in person

• Choose your first maturity date

• One penalty-free withdrawal each term

• Can be used for retirement

• Federally insured by NCUA

Rates & Fee Schedule / Personal Account Disclosures / Online Services

APPLY ONLINE

Traditional IRA

Whether you want to travel, take up boating, or just plain relax—the earlier you start saving your pennies, the sooner you'll enjoy retirement.

• No income limits to open

• Contributions are tax deductible on state and federal income tax*

• Earnings are tax deferred until withdrawal

• Withdrawals can begin at age 59½

• Early withdrawals subject to penalty**

• Mandatory withdrawals at age 70½

Rates & Fee Schedule / Personal Account Disclosures

*Subject to some minimal conditions. Consult a tax adviser.

**Certain exceptions apply, such as healthcare, purchasing first home, etc. Consult a tax adviser.

Roth IRA

There are advantages to both Traditional and Roth IRAs. A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at time of retirement.

• Adjusted gross income must be less than $118,000 to contribute ($186,000 for joint filers)*

• Contributions are NOT tax deductible

• Earnings are 100% tax free at withdrawal**

• Withdrawals on interest can begin at age 59½

• Principal contributions can be withdrawn without penalty**

• Early withdrawals on interest subject to penalty***

• No mandatory distribution age

Rates & Fee Schedule / Personal Account Disclosures

*As of 2017; IRS may change figure annually.

**Subject to some minimal conditions. Please consult a tax adviser.

***Certain exceptions apply, such as healthcare, purchasing first home, etc.

Health Savings Account

Life happens, and sometimes so do medical bills. With an HSA, you can prepare and save tax-free for qualified medical expenses. Designed to work with a high deductible health plan, you can regularly set aside money, so it's there when you need it. Plus, you own it, so it's not use it or lose it.

• No setup or annual fees

• Withdrawals are tax free when used for qualified medical expenses**

• Money rolls over year-to-year automatically

• No "use it or lose it" policy

• HSA is owned by you, not employer

• Easy withdrawal access by check, debit card, online, teller

• Federally insured by NCUA

Rates & Fee Schedule / Personal Account Disclosures

**Withdrawals for non-qualified medical expenses are subject to income tax and a 10% penalty. The 10% penalty is waived for persons 65 and over or who have become disabled.

Online Banking

Savings

Saving isn't just for the rich

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