| When
you become a
member
of the credit union a savings account is opened in your name. An initial
deposit of $25 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. Members may make up to three savings withdrawals
per quarter free of charge. After three withdrawals in one quarter
a $12 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 Savannah Schools FCU,
contact us. |