|
|
 |
|
|
|
 |
EECU was
founded on the philosophy that a structured savings program
helps maintain financial security. This is why EECU offers several
savings account choices to help you earn a competitive return
for your money. Plus, all our savings accounts are safe because
they’re federally insured.
Every EECU
member receives a Regular Savings Account when they open their
EECU membership. This savings account pays different rates,
based on your account balance.
Characteristics
of the Regular Savings Account:
- Interest
compounded and credited monthly
- Competitive
rates
- No
minimum deposit or balance requirement
|
 |
You
can use our Special Savings Account for a variety of
savings needs. Some members like to open this separate
savings account for specific needs, such as an "emergency
fund" or a "house account" for unexpected
repairs.
Characteristics
of the Special Savings Account:
- A
savings account to save for specific purpose
- Competitive
rate
- Interest
compounded and credited monthly
- No
minimum deposit or balance requirement
|
|
Sign up
for a Special Savings Account Online (Requires Adobe
Acrobat Reader)
This is a
special type of savings account designed for people who like
to routinely set aside a fixed amount of money for future holiday
purchases. In mid-October, the entire balance saved in this
account is disbursed automatically to your EECU Checking or
Regular Savings Account, by automated transfer.
Characteristics
of the Holiday Club Savings Account:
- A
savings account to save for holiday purchases
- Deposits
can be made in person, via mail, direct deposit, or
transfers
- Interest
compounded and credited quarterly
- No
minimum deposit or balance requirement
- Funds
automatically transferred to your EECU Checking or
Regular Savings Account in mid-October
|
Sign
up for a Holiday Club Savings Account Online (Requires
Adobe
Acrobat Reader)
EECU’s
Premier Money Market Account provides members with a higher-yielding
savings option, without compromising convenience or security.
Our money market account pays different rates,
based on your account balance.
Characteristics
of the Premier Money Market Account:
- Interest
compounded and credited monthly
- Competitive
rates
- $1,000
minimum balance to open
- $10,000
daily balance requirement to avoid service fee
- No
more than six withdrawals or transfers per month allowed,
with a limit of three withdrawals or transfers by
check
- No
minimum or maximum dollar withdrawal amount
|
Sign
up for a Premier Money Market Account Online
(Requires Adobe
Acrobat Reader)
For more
information about the fees and transaction limitations for
each type of EECU savings account, please ask for the appropriate
account disclosure.
|
Important
Savings Account Withdrawal Limitations Information Regarding
Federal Regulation D:
Federal
regulation prohibits you and any joint owner from making more
than six (6) transfers or withdrawals each month, from your
Regular Savings, Special Savings, Holiday Club Savings, or
Premier Money Market Account, by the following means:
- Pre-authorized
or automatic transfers/withdrawals
- Telephone
transfers
- Touch
Tone Teller transfers
- EECU
On-Line transfers
- No
more than three (3) of the six (6) may be made by
check on the Premier Money Market Account.
|
If
transactions exceed six (6) per month, as outlined above,
your account will be subject to termination of access devices.
After the limit of six (6) Regulation D classified transactions
(per month), additional Regulation D transfers from your account
will not be completed. In
reference to Regulation D, regarding your Regular Savings,
Special Savings, Holiday Club Savings and Premier Money Market
Account, you can make unlimited transfers by the following
means:
- Transfers
to an EECU Loan Account
- Transfers
or withdrawals made at an ATM from Regular Savings
- Transfers
or withdrawals made in person (at an EECU Branch)
|
|
Top
of Page
|
|
|
