Savings Account

Savings Account

A Regular Share Account establishes an individual's membership at the Credit Union. Membership is available to those who live, work, worship, or attend school within our field of membership. As long as the member maintains the minimum balance in their Regular Shares account they will remain a member for life, regardless of their city of residence.
 

Regular Savings Account

Minimum Opening Amount

$25 must remain on deposit for the duration of membership. The initial $25 deposit gives primary members who are 16 and older full voting rights and ownership in the credit union.

Minimum Balance

$25. A $5 fee is assessed if the account falls below the minimum.

Service Charge

No monthly service charge.

Withdrawal/Transfers

No withdrawal fee. Limited to six Regulation D transfers per month (includes overdraft transfers).

Dividends

Refer to the Savings Rate Sheet for current rates. Dividends are calculated on the daily balance and paid quarterly. No dividends will be paid if the account was closed during the quarter.

Direct Deposit

Members may have money deposited directly into their account with direct deposit or payroll deduction.

Statements

Statements are sent quarterly. If the member also has a Share Draft (Checking) account, Traditional or AltaAdvantage Money Market account or any loan then they are sent monthly. Members have the option to receive paper statements in the mail or electronic statements through MSC Online.

Other Benefits

Free ATM card, can use Share account for Overdraft Protection on a Share Draft Checking Account.
























 


Open a Savings Account
 

Other Savings Account Options


Everyone's taking advantage of these other convenient AltaOne services. You should, too.
  • Direct deposit: have your paycheck automatically deposited into your account.
  • AltaOne Online Banking: stay in touch with your money from any computer with online banking.
  • Bill Pay: save time and money by paying your bills electronically.
  • E-Statements: save a tree -- sign up for e-statements through your AltaOne Online Banking.
  • AltaOne Mobile Banking: access your accounts from anywhere your mobile phone operates using text messaging (SMS), your phone’s web browser or AltaOne’s Mobile App.  Message and data rates may apply.