Shares

SHARES

A minimum amount of $5 is all you need to apply for membership in the credit union. This $5 (one share) is actually a savings account. You can add to your share account at any time.

Your one share for $5 automatically makes you a part owner of the credit union in which you and every other member has voting privileges to elect board and committee members to represent you and oversee the operations of the credit union.

The credit union currently offers these convenient ways to access your share account:

Automatic Payroll Deduction or Direct Deposit. Please call the credit union for more information.
Visit our Columbus office located at 6161 Busch Blvd, Suite 215, Columbus, OH 43229 if you are in the area.
Mail your deposit or withdrawal request.
Access your account 24 hours a day using our 24 hour touch tone telephone system***.
EFT( Electronic Funds Transfer). Please call the credit union for more information***.
Wires***.
By calling our office or by fax request***.

Savings at the credit union carries other great benefits:

Your one share investment in the credit union pays a dividend usually above Market Rates.
Your money earns dividends from the day of deposit to the day of withdrawal. Dividends are paid on the last day of the quarter.
Saving with the credit union is a secure investment. The National Credit Union Administration (NCUA), an independent agency of the federal government, protects every dollar you save up to $100,000 with the credit union.
As an added advantage, while you save, you become eligible for a Life Insurance Policy. The Life Insurance Policy is paid for by the credit union, contains a special provision for accidental death, dismemberment, and loss of sight (certificates available upon request).

*** Federally regulated (Reg D) share transactions are limited to six transactions per month.

Any combination of the following constitutes share transactions limited by Reg D:

ACH withdrawals from savings preauthorized electronic payments).
Transfers from shares by telephone or fax (includes touch tone telephone transactions).
Wires by telephone or fax.
Web banking transfers from savings to checking.
Non-sufficient funds transfers from savings to checking.

Each member is allowed any combination of 6 of the above transactions per month. After 6 transactions, additional transactions will be rejected.

In order to open an account, add a signer or make a loan, Federal Law (USA Patriot Act of 2001*) now requires us to obtain and retain information for identity verification purposes. * The Uniting and Strenghtening America by providing appropriate tools required to intercept and obstruct terrorism (USA PATRIOT) act of 2001 requires financial institutions to take steps to obtain and verify certain identifying information for any person opening an account; maintain records of the information used to verify the person's identity; and dtermine whether the person appears on any list of suspected terrorists provided by Federal government.