Accounts


Share Savings Account

  • Minimum Opening Balance: $25

  • Minimum balance to earn dividends: $25

  • Dividend Compounded: Quarterly

  • Dividends Credited: Quarterly

  • Dividend Period: Quarterly (calendar)


Share Checking Account

Free Share Checking accounts at Shared Resources Credit Union offer several advantages:

  • $300 Courtesy Pay – save you the embarrassment and expense of returned checks

  • No monthly service charges, regardless of balance

  • Free VISA Check Cards

  • Dividends are computed by the daily balance method

  • FREE Internet Bill Paying

  • FREE Online Account Access

  • Minimum opening balance: $1

  • Minimum balance to earn dividends: $2500.01

  • Dividend compounded monthly

  • Dividends credited monthly

  • Dividend period: monthly (calendar)

  • “Turning Over a New Leaf” – Second Chance Checking Account


Money Market Accounts

  • Minimum opening balance: $2500

  • Minimum balance to earn dividends: $2500

  • Dividend Compounded: Monthly

  • Dividends Credited: Monthly

  • Dividend Period: Monthly (calendar)


Individual Retirement Accounts (IRA)

  • Types available: Share IRA, Roth IRA, Education IRA

  • Minimum opening balance: $5.00 for all types

  • Minimum balance to earn dividends: $25 for all types

  • Dividend Compounded: Quarterly

  • Dividends Credited: Quarterly

  • Dividend Period: Quarterly (calendar)


Share Certificate Account

  • Minimum Opening Deposit: $5,000.00

  • Interest Compounded: Quarterly

  • Interest Credited: Quarterly


Youth Accounts

  • Types of Youth Accounts

    • Small Change (ages 0-11)

    • Youth (ages 12-17)

  • Minimum opening balance

    • Small Change – $1.00

    • Youth – $5.00

  • Minimum balance to earn dividends

    • Small Change – $1.00

    • Youth – $25.00

  • Dividend Compounded: Quarterly

  • Dividends Credited: Quarterly

  • Dividend Period: Quarterly (calendar)


Senior Account

  • Minimum Opening Balance: $5.00

  • Minimum balance to earn dividends: $25.00

  • Dividend Compounded: Quarterly

  • Dividends Credited: Quarterly

  • Dividend Period: Quarterly (calendar)


Christmas Club Account

  • Minimum Opening Balance: $5.00

  • Minimum balance to earn dividends: $25.00

  • Dividend Compounded: Quarterly

  • Dividends Credited: Quarterly

  • Dividend Period: Quarterly (calendar)