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                 A One Stop Financial Center of Olyphant and Scranton

Share Savings

Share Savings AccountsAll members have a share savings account with at least $5.00 in order to keep the account open.  Click Here for Share Rates


Share Vacation Savings AccountMembers use a vacation savings account for taxes, vacation, or anything you may want it for.


Share Christmas ClubChristmas clubs usually start the first week in October. At maturity, have it deposited in your checking or savings account or have a check mailed to you. You can start it any time of the year. There is a $15 penalty for early withdrawal.

 

Share Sweep Account - Must maintain Minimum Balance of $8000. Must have a Share Draft Checking Account. Must have ATM/Debit Card. Two tiered rate of return. Unlimited transfers for Overdraft Protection


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Individual Retirement Accounts (IRA) Regular, Roth, Education
 

  • Up to $4,000 for employed members, spouses and employed children. Members 50 years and older $4,500.

  • Charge of $10.00 on rollovers and transfers.

  • IRA Share Certificates for 12, 36, 60 months are also available.

  • Individual advice available by calling 961-5300.
     

Share Certificates (CD)
NET Federal Credit Union’s share certificate investment program includes:

  • $2,500.00 minimum—for a 6 month term.

  • $500.00 minimum— for 12, 36 and 60 month term.

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Good News For Young Members Up to The Age of 18

Effective June 1, 2006,  NET Federal Credit Union has instituted a new Share Certificate just for you!

In an effort to encourage young members to become consistent savers, NET Federal Credit Union has instituted a new Youth Share Certificate with a term of 6 months.  By making it your goal to consistently save until you have achieved an available balance of $250, and then using that money to purchase a Youth Share certificate, you will be earning a rate which will be greater than that being paid on regular Share Savings. Start saving today!


 

 

Important Information about Procedures for Opening a New Account:

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.  What this means for  you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you.  We will also ask to see your driver's license or other form of confirming your identity.

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Copyright ©2010 NET Federal Credit Union All Rights Reserved

 

                                                                 

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