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SHARES / SAVINGS
Your Credit Union Savings Account is called a Share Account. This account is required for access to all other services the Credit Union provides, and is considered your "base" account.

Share Accounts earn a competitive dividend which is compounded daily and paid quarterly. Dividend rates are declared each month by the Board of Directors and are based on available earnings.

Deposits can be made to any Share Account in person, by mail, by ATM, by Direct Deposit (ACH)), or by Payroll Deduction.

Withdrawals or transfers of funds can be made in person, by mail, by online home banking (CU@HOME) or by audio response (CU*TALK). Please note that pre-authorized transfers are limited to three per month.

The minimum deposit of $25 must remain in the regular share account at all times in order for you to have access to all other services the Credit Union provides.

YOUR MONEY IS SAFE & SECURE

Sangamon Schools Credit Union operates under a charter administered by the State of Illinois' Department of Financial Institutions. Each account is insured up to $100,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency. In addition, Credit Union funds are protected by external and internal supervision, a strong employee bonding program, and mandatory reserve requirements. Annual audits are conducted by the State of Illinois' Department of Financial Institutions and the Credit Union's Supervisory Committee.

 

 

 
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