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

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

  • $300 Courtesy Pay – save you the embarrassment and expense of returned checks. Please refer to our Fee Schedule and Truth in Savings for any restrictions and fees.

  • 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: $25

  • 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 (has a fee of $10 per month)

Overdraft Protection

Overdraft Protection is a safety net available for a fee of $1.50 per transfer. In the event a purchase exceeds the current available balance in your checking account, funds will be pulled from your source account(s) and used to cover the purchase or check presented. The types of accounts used as source accounts include: Savings, Money Market, or Line of Credit Loans.

For more information or to select your source account(s), please visit our location Shared Resources, or call (713) 473-9244 to speak with a representative.

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)

 

Please review our Truth in Savings Disclosure