Savings

On all our share plans, interest is paid and compounded monthly, and paid from day-of-deposit to day-of-withdrawal.

Main Share Account
This is our regular savings account. The minimum amount to open an account is $25.00. This account establishes your membership in the credit union. In order to open any other type of savings account, or obtain a loan, you must have a Main Share Account.

Christmas Club
The minimum amount to open a Christmas Club Account is $1.00. St. Anne Credit Union’s club accounts are continuous, which means you use the same passbook each year and avoid opening a new account each year. The balance is automatically transferred to your Main Share Account during the first week in October each year.

NOW Checking
There is no minimum amount required to open a NOW Checking Account, and no service charge. A starter kit is available the day you open your account. Statements are sent on a monthly basis with copies of your checks.

Certificate of Deposit
A minimum balance of $1,000.00 is required to open a CD Account. You have the option of receiving your interest monthly by check or leaving it in the account to be compounded monthly. Terms range from six months to five years.

Money Market Deposit Account
This is a variable rate account. The minimum to open is $2,500.00. If the balance drops below $2,500.00, the interest rate drops to our NOW Account rate.

IRA Share Account
An Individual Retirement Account is a government-sponsored retirement savings plan, offering tax incentives to individuals. A minimum balance of $500.00 is required to open an IRA account. Plan now for your retirement!