When you become a member of the credit
union a savings account is opened in your name. An initial
deposit of $25 plus a $1.00 membership fee is required.
All members must maintain a $25 balance in their savings
account to remain a member, and demonstrate regular
activity in their account to keep it open.
Other features of Regular Savings include:
- A competitive interest rate paid quarterly on the
average daily balance in your savings account. Click
here for current rate information.
- Withdrawals: To withdraw money from your savings
account, simply stop by an the credit union office.
Members may make up to two savings withdrawals per
month free of charge. After two withdrawals in one
month a $5 charge per excessive withdrawal is applied.
- Quarterly statements by mail.
deduction or Direct
Deposit: You may have deposits to your savings
account deducted directly from your paycheck.
If you have any other questions about regular savings accounts
at Ethicon Credit Union, contact us. Click here for
the savings calculator.