Shares - State Highway Patrol Federal Credit Union

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 share represents your ownership in the credit union. As a member-owner, you have the right to vote on the election of board and credit committee members, who oversee the management of the credit union.

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

Visit our Columbus office located at 6161 Busch Blvd, Suite 215, Columbus, OH 43229
Shared Branching
Mail your deposit or withdrawal request.
Phone or fax*.
Access your account any time using our 24 hour touch tone telephone system*.
Automatic Payroll Deduction or Direct Deposit. Please call the credit union for more information.
EFT( Electronic Funds Transfer). Please call the credit union for more information*.
Wire Transfers*.

Saving at your credit union provides these other great benefits:

Your one share investment in the credit union typically pays above-market dividends.
Your money earns dividends from the day of deposit to the day of withdrawal. Dividends are paid on the last day of the quarter.
Your credit union deposits are safe and secure. The National Credit Union Administration (NCUA), an independent agency of the federal government, protects every dollar deposited up to $250,000 with the credit union.
As an added benefit, shareholders are eligible for a Life Insurance Policy. The Life Insurance Policy is paid for by the credit union and 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 (6) 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.
Online 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 charged a fee and returned to the originator.