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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