Shares (Savings) Accounts | Checking (Share Draft) Accounts Overdraft Protection |  Term Share Certificates | Insured Deposits Financial Planning | ATM Service | Notary Public Service  Discount Tickets | Account Fees

Shares (Savings) Accounts

Every member is an owner of the Credit Union. Shares held in a savings account are the primary benefit of that ownership. A minimum deposit of one share - $5.00 is required for membership.

Deposits can be made by

• Payroll deduction from most employers as well as our sponsors
• Mail (checks or money orders, only, please)
• Direct Deposit from our sponsors, most other employers and pension programs such  as Social Security, NYS Retirement systems and private pension systems
• Messenger service from participating sponsors (checks or money orders, please)
• EFT - electronic funds transfers from any participating source
• Members at our office

Withdrawals can be made

• At most ATMs using our VISA Check Card or an ATM card ; look for any of the     network logos on the back of your card.
• By fax, phone, Homebanking or Teller 24 request; a check will be sent to your home address
• By members with identification at our office for cash or check, including checks payable to a third party.

Dividends are declared and paid quarterly by the Board of Directors. Statements are sent to members quarterly along with a our newsletter.

ATM service is available for deposits and withdrawals from Shares (Savings) Accounts and Share Draft (Checking) Accounts

When a member's Shares Account is inactive for two or more years and the balance is less than $100, an account fee of $6.00 is charged each quarter. An account Is "inactive" when there is no deposit or withdrawal by the member. Payment of dividends is not classified as account activity. After five years of inactivity, the account is declared abandoned under New York State Law and turned over to the Office of the State Controller.

When you make a deposit or withdrawal by phone, fax or mail, please be sure to give us  exact directions in your request. Include account numbers if possible. Give us a daytime  phone number to reach you if we have questions. Attention to these details will help us provide quick, accurate service - just the way you want it. We may call you or ask for identification to verify the transaction.

Holiday Club...

Enroll for payroll deduction or Direct Deposit to be sure to have enough money set aside for holiday expenses. Make automatic deposits every payday. Club money is automatically transfered into your share (savings) account around the 1st of November.