To open a share account, you are required to maintain a minimum balance of $5.00. This is your membership to the credit union and gives you access to all our products, services, and member perks. Your share account pays quarterly interest (also referred to as dividends) on balances of $250.00 and greater, has no account service fees, and has an ATM card option at no cost to you. Please note, if you request a replacement card there is a $10 fee (no fee for fraud or expired card). View our full Fee Schedule for more details.
As a bonus, you will have access to your accounts at over 5,600 other Credit Unions who participate in the CO-OP Shared Branching program throughout the entire U.S. Find a participating branch near you CO-OP Shared Branching.
| Minimum Balance To Earn Interest (Dividends) | Compounding Frequency | Interest (Dividend) Rate | Annual Percentage Yield |
|---|---|---|---|
| $250.00 | Quarterly | 0.05% | 0.05% |
| Rates Effective |
|
Why a Share account and not a Savings?
In naming conventions, credit unions and banks have different words for what are essentially the same types of accounts. Share accounts are similar to Savings accounts, Share Draft accounts are Checking accounts, and Dividends are the same as Interest at other financial institutions. The products are similar, but when you compare fees, returns, perks, and community involvement, the credit union difference is plain. When you deposit money, you are earning shares of the credit union, so your share account and share draft account are named accordingly.
Need Help?
Check out our online banking tutorials and tour videos for self-review or contact us during business hours and we will assist as we are able over the phone. Need more hands-on training? Stop into the branch during regular business hours for one-on-one assistance.