SAVINGS
A healthy savings plan paves the way for financial security. At Connect, we offer a host of savings plans designed to provide a competitive return on your money. Whether you are saving for retirement, an education, or if you decide to venture down a road less traveled, we have a savings product that will be just right for you.
SAVINGS OPTIONS
- Share Savings Account
- Special Club Account
- Money Market Account
- IRA Accounts
- Share Certificate Accounts
Accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA)
SHARE SAVINGS ACCOUNT
A Share Savings Account establishes your membership with Connect Credit Union and entitles you to take advantage of the wide variety of products and services available. This account may be opened for as little as $5 and offers a safe and convenient way to save money
SPECIAL CLUB ACCOUNTS
At Connect, we want to help our members save money for those special events and time spent with family & friends. With a special club account, you can save money for holidays, vacation, graduation, a wedding or any other special occasion. You can even name your special club!
MONEY MARKET ACCOUNT
A Money Market Account (MMA) allows you to earn competitive interest rates while permitting access to your funds.
- A minimum $2,500 balance earns dividends
- Rates are tiered to reward you for having more funds on deposit with Connect
- Dividends are computed on the average daily balance and compounded monthly.
- Unlimited withdrawals may be made in person or online thru Virtual Branch.
Individual Retirement Accounts (IRAs)
With an IRA (Individual Retirement Account), you choose the plan that's right for you. Depending on your choice, you may be able to take a tax deduction for Traditional IRA contributions or withdraw the earnings on a Roth IRA tax-free.
SHARE CERTIFICATE ACCOUNTS
Ranging in terms from six (6) months to five (5) years, share certificates offer a higher yield on your money and help you save for long term goals. Whether you are saving for a first car, college, or your first home, share certificates can help you achieve your financial dreams.
