Savings Accounts
Back to SERVICES
At ACFCU, we can make savings as painless as possible with a variety of savings plans:
  • Regular Share Accounts
  • Christmas Club Accounts
  • Certificate Accounts
  • This is how each plan works:

    Regular Share Account -- Minimum balance is $5.00, and this may be a joint account.  The dividends are calculated on a daily balance, compounded quarterly and paid quarterly.  You must have a balance of $100.00 to earn dividends,  Statements are mailed quarterly.

    Christmas Club -- There is no minimum balance.  Use this account and you'll give yourself the first gift of the holiday season...cash!  The account earns dividends.

    Certificate Accounts -- 1 year certificates are available.  The minimum balance is $500.  Dividends are compounded on a daily basis and credited quarterly.  Early redemption will result in the loss of 90 days of dividends.


    A Hidden "Dividend"

    As a member your account earns Life Savings Insurance for you at no direct cost.  Provided you are insurable, the balance in your regular share account up to $2,000 earns life insurance coverage.  Benefits are based on your share balance and your age at death.