When you become a member of the credit union, a savings account is opened in your name. An initial deposit of $5 is required. Interest is paid quarterly on accounts with an average daily balance of $100.00 or more. We make sure it has a very competitive interest rate. Additionally, if you're 18 or older, you'll qualify for a free $2,000.00 Accidental Life Insurance Policy - regardless of the size of your account.
Other features of Regular Savings include:
- A competitive interest rate paid quarterly.
- ATM Card Access: You can access your account from thousands of ATM's. There is a small $1 charge each time you use your ATM card to withdraw money from savings.
- Withdrawals: To withdraw money from your savings account,
simply call or stop by a credit union branch.
Members may make up to three savings withdrawals per month
free of charge. After three withdrawals a
$5 charge per excessive withdrawal is applied.
- Quarterly statements by mail.
- Payroll deduction:
You may have deposits to your savings account deducted directly
from your paycheck.
Pay yourself first! Set up an automatic deposit from your paycheck.
If you have any other questions about regular savings accounts
at HALLCO, contact us. Click here for
the savings calculator.
|
