| When
you become a member of the credit union a savings account is opened in your name. An initial
deposit of $25 plus a $5 membership fee is required. All members must
maintain a $25 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 a
credit union branch or go to an ATM terminal. Members may make
up to three savings withdrawals per quarter free of charge. After
three withdrawals in one quarter a $5 charge per excessive withdrawal
is applied.
- Online access to your account.
- 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 Marshland Credit Union, contact us.
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