Regular Shares Account

MINIMUM BALANCE AND DEPOSIT REQUIREMENTS

You must purchase a $100 share in the Credit Union to open a Regular Shares Account.  The minimum deposit required for you to open the regular shares account is $5.00 if you do not make payroll deductions directly into the account, but the balance must be brought up to $100 within six months.  If you do make payroll deductions into this account there is no minimum deposit required, but the balance must be brought up to $100 within six months.  You must maintain a minimum balance of $200 in your Regular Shares Account to obtain the annual percentage yield stated on the Rate Schedule and to avoid closure.  

TRANSACTION LIMITATIONS

The maximum amount you may withdraw within a 24-hour period is $300 from an ATM or $500 if the withdrawal is in cash from the Credit Union.  The maximum number of withdrawals you may make from an ATM is 3 within a 24-hour period.  During any quarterly statement period, you may make no more than 9 withdrawals.  If you exceed the transfer/withdrawal limitations in any quarter, your account will be subject to the fee stated on the Schedule of Fees.