Share Savings Account
The only requirement on a SharePoint Share Savings account is a $5.00 minimum balance. Quarterly dividends are paid based on your average daily balance. That means the more you save, the more a Share Savings account rewards you.
Other SharePoint Credit Union services like direct deposit and payroll deduction make it easy to build your savings in a way that fits your needs. Because we are a member of the NCUA (National Credit Union Administration), the funds accumulating in your Share Savings are federally insured up to $250,000. As an added benefit, SharePoint Credit Union's Board of Directors has chosen to provide our members with an additional $250,000 of Share Savings coverage through Excess Share Insurance (ESI) Corporation. This means we provide our members with up to $500,000 in Share Savings insurance. Please note that individual policies are not issued - SharePoint Credit Union tracks and reports this information to ESI regularly.
|Regular Share Savings|
|$5.00 and above||0.100||0.100|
Money Market (avg daily balance)
|up to $4,999.99||0.100||0.100|
|$5,000 - $9,999.99||0.150||0.150|
|$25,000 - $49,999.99||0.199||0.200|
|$10,000 - $24,999.99||0.199||0.200|
|$50,000 and above||0.250||0.250|
|Advantage Checking †||0.100||0.100|
|Choice Plus Checking||0.100||0.100|
|Premier Rate Checking - On Going Rate||1.000||1.000|
|Premier Rate Checking - Introductory Rate||5.000||5.000|
† Not available for new members.