When you become a member of the credit union
a savings account is opened in your name. An initial deposit
of $25 is required. All members must maintain a $25 balance
in their savings account to remain a member, and demonstrate
regular activity in their account to keep it open.
Other features of Regular Savings include:
- A competitive interest rate paid quarterly on the average
daily balance in your savings account. Click
here for current rate information.
- Withdrawals: To withdraw money from your savings account,
you can simply stop by the Credit Union or you can take advantage of our Shared Branching with Reed Credit Union.
- Members may make 2 transactions
free of charge.
- Online access to your account through Internet Banking.
- Quarterly statements by mail.
- Payroll deduction:
You may have deposits to your savings account deducted directly
from your paycheck.
If you have any other questions about share savings accounts
at SPCO, contact us. Click here for
the savings calculator.
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