- NO MINIMUM BALANCE
- NO MONTHLY FEES
- NO CHARGE PER DRAFT
- NO HIDDEN SERVICE CHARGES
- OVERDRAFT PROTECTION
- VISA CHECK CARDS AVAILABLE UPON APPROVAL
- MEMBERS 55 YEARS AND OLDER RECEIVE FREE CHECKS
- With this share draft account, original checks will not be returned (safekeeping) to the member. The drafts are a carbonless duplicate form and are truncated at the Federal Reserve from whom copies may be ordered at a nominal charge.
- The dividend rate on share draft accounts will be paid at a rate approved by the Board of Directors by vote at the monthly meetings.
- Funds accumulated in the share draft account will not be used in the Life Savings Insurance calculation.
- Overdraft protection will be offered to those members who have sufficient funds available, and who do not have a history of excessive non-sufficient fund checks. The credit union will make an automatic transfer from a designated share account to cover a non-sufficient fund draft at a cost of $3.00. A notice will be sent if the service is utilized.
- A credit report may be run to verify the member’s credit worthiness before a share draft account is opened.
