Succeeding in business doesn't happen by accident. It takes a lot of hard work and a solid plan. Start saving now for future costs so you can be financially ready for whatever lies ahead. This account earns dividends on your balance while keeping funds separate from your higher-traffic checking account. And with online banking and eNotices, staying on top of your balance is easy.
- Earn dividends paid monthly
- Dividends are determined by the average daily balances; compounded daily
- Competitive rates
- Free online banking
- Free mobile banking
- Free telephone banking
- Free eNotices
- $5 minimum deposit to open*
Deposits at all federal credit unions and the vast majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund (NCUSIF) protection. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.
Federally insured credit unions offer a safe place for you to save your money, with deposits insured up to at least $250,000 per individual depositor. The National Credit Union Administration (NCUA) is the independent agency that administers the NCUSIF. Like the FDIC's Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the full faith and credit of the United States government.
For questions about the NCUA’s share insurance coverage, call 1.800.755.1030, option 1, Monday through Friday, 8 a.m. to 5 p.m. Eastern, or send an email to [email protected]. This toolkit contains a variety of helpful resources for credit unions regarding the Share Insurance Fund.
Share Insurance Toolkit from MyCreditUnion.gov
The toolkit has great resources like estimators, publications, videos and more.