Share Insurance Estimator
As a member of North Central Area Credit Union, “Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.” NCUA has improved the online share insurance estimator tool used by members to calculate share insurance coverage. Now you can keep track of your share insurance coverage and get quick answers to your share insurance questions. To use the Share Insurance Estimator click here.
Money Markets
Money Markets are savings accounts that have a higher rate of interest and are mostly beneficial to those who want to save a large portion of money. The Money Market account interest is paid monthly.
Money Markets are considered a liquid asset, unlike CD’s that have time commitments and penalties for early withdrawal. The money market accounts can have withdrawals or deposits at anytime as long as the transaction amount is at least $250.
Christmas Club
A Christmas Club Account is a great way to save for the holidays or other year-end expenses, such as house insurance, tuition, and taxes. It’s easy to open a club account, just stop in at any branch office for more information.
Deposits can be by Direct Deposit or made at your convenience, whether you’re doing It’s Me 247 online banking, 24 Teller phone service, or visiting a branch. You can also set up an automatic transfer into your Christmas Club each pay period. Contact your employer to set up the direct deposit service. Your Christmas club money will roll over into your savings account annually on the first of November.
You can open your Christmas Club account any time of the year, but why wait?