Share (Savings) Account
Opening a Share account at City County Employees Credit Union is not just a step towards membership; it's a gateway to numerous financial opportunities for you and your family. Here’s everything you need to know about our Share account:
What is a Share Account?
A Share account at City County Employees Credit Union establishes your ownership stake in our credit union. It’s the foundation upon which you can build your financial relationship with us.
Getting Started
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Minimum Deposit: To open a Share account, you need a minimum deposit of $5.00. This initial deposit secures your membership and signifies your ownership in the credit union.
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Minimum Balance: A minimum balance of $5.00 must be maintained in your Share account at all times. This ensures your active membership status, and you will have access to these funds should you decide to close your account in the future.
Benefits of a Share Account
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Membership: Once you become a member by opening a Share account, you gain access to a range of exclusive services and products offered by the credit union.
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Financial Flexibility: With your Share account, you are eligible to open other accounts within the credit union, such as savings accounts or checking accounts, tailored to meet your specific needs.
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Credit and Loan Opportunities: Membership through your Share account allows you to apply for various financial products offered by the credit union, including loans and credit cards, at competitive rates.
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Earn Dividends: By maintaining a daily balance of $100.00 or more in your Share account, you qualify to earn competitive dividends, which are calculated and paid monthly. This means your money works harder for you while it sits in your account.
More than Just a Bank Account
At City County Employees Credit Union, we believe in fostering a community where financial well-being is accessible to everyone. Your Share account not only secures your financial foothold but also opens doors to comprehensive financial solutions designed to help you achieve your goals.
Ready to Join?
Opening your Share account is simple and takes just a few steps. Visit our office or apply online to start your journey with CCECU today. Take advantage of the benefits, services, and community-driven approach that sets us apart.
Your Share account at City County Employees Credit Union is more than a requirement; it’s an opportunity to grow financially, access personalized financial solutions, and become part of a community dedicated to your success. Begin your membership today and discover how we can help you achieve more with your money.
Need Help?
If you have any questions or need assistance, don’t hesitate to contact us. We’re here to help you every step of the way.
Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the National Credit Union Administration, a United States Government Agency.
Share (Savings) & Club Rates
Account Type | Minimum | Minimum Balance | Frequency | Rate | APY* |
|---|---|---|---|---|---|
Regular Shares2 | $5 | $100 | Monthly | 0.25% | 0.25% |
Christmas Club5 | $5 | None | Annually | 0.50% | 0.50% |
Young Millionaires Club1 | $5 | $25 | Monthly | 0.25% | 0.25% |
Lighthouse Savings1 | $100 | $100 | Monthly | 0.50% | 0.50% |
Prime Checking3 | N/A3 | $1,000 | Monthly | 0.05% | 0.05% |
IRA Share Savings2 | $5 | $100 | Monthly | 0.25% | 0.25% |
*APY: Annual Percentage Yield
1$5 Average Daily Balance required to earn dividend
2$100 Average Daily Balance required to earn dividend.
3$1,000 Average Daily Balance required to earn dividend.
46 withdrawals allowed per month at no charge. Any withdrawal after 6 will incur a $10 per withdrawal fee.
5Christmas Club dividends paid October 31st annually
Rates are variable and subject to change by the Board of Directors without notice. Fees may reduce earnings. Other restrictions may apply. Contact a Credit Union employee for current rates and terms.
Effective January 1, 2025
