Organize Your Finances with Special Short Term Savings Accounts
Once your membership is established with a Share Savings account, you may open Special Savings accounts. Our members generally use these accounts as money management tools. Special Savings accounts earn dividends on the same schedule as your Share Savings account and there are no fees or penalties for using them. Special Savings accounts are offered as a convenience to help you organize your finances—you could use these accounts to save for items like tax payments, insurance bills or special events. Features of these short-term savings accounts include:
- $5 deposit to open.
- No minimum balance required to earn APY or avoid fees.
- Free online access to accounts, e-Statements and account transfers.
- Unlimited number of Special Savings accounts can be opened.
- Dividends compounded and credited monthly.