Savings / Share Draft
Every member of OPCS Federal Credit Union starts with our regular savings account. We also offer a wide variety of savings products to help each member achieve financial success.
Online Bill Pay
Savings
- A minimum opening deposit of $5.00 is all it takes to open your share draft/savings account.
- Convenient 24 access through the Tel Account phone service: 1-866-662-6727 Option 1
- Automatic deposit through Direct Deposit / Payroll Deduction
Holiday Club Account
The Holiday Club Account is the perfect way to save for your holiday shopping. Open a Holiday Club Account with just $5 or more. You decide how much you want to contribute on a monthly, bi-weekly or weekly basis. Mail your contributions in, set up your account to have an automatic transfer from either your savings or checking account or sign up for automatic deposits via Payroll Deduction. You can start at any time and then on November 1st each year the money will be transferred to either your savings or checking, which ever you set-up.
- A minimum $5 balance is required to open and maintain Holiday Club Account
- Interest paying account
- Payroll deduction is an easy way to save
- You can increase the amount at any time
- Account remains set-up and open after the November 1st disbursement and will start again the following year
Vacation Club Account
The Vacation Club Account is a great way to save for the vacation that you have always dreamed of.
- A minimum $5 balance is required to open and maintain Vacation Club Account
- Interest paying account
- Payroll deduction is an easy way to save
- Increase the amount at any time
Disclosure for Savings Account
APR: Annual Percentage Rate
APY: Annual Percentage Yield
*Dividends are earned on the average daily balance and paid monthly. Rates Quoted are anticipated to be paid on June 30th, 2009. Dividend rate and APY are subject to change monthly without notice at the discretion of the Board of Directors.
**Dividends are earned on the average daily balance and paid quarterly. Rates quoted are anticipated to be paid on June 30th, 2009, but may change. Dividend rate and APY are subject to change monthly without notice at the discretion of the Board of Directors. Once a Share Term Deposit is purchased that rate is locked in for the term of the deposit.
***A substantial penalty is assessed on funds withdrawn prior to maturity on all Term Share Accounts and Term IRA Certificates.
APY: Annual Percentage Yield. APY assumes dividends remain in account until maturity. Withdrawals reduce earnings. The above rates are anticipated to be paid for their respective dividend periods, but may change. Dividends are paid at the end of the period from current income and available earnings after required transfers to reserves. These rates are not guaranteed for the current dividend period.
National Credit Union Share Insurance Fund (NSUSIF): Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund. Your savings is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
Fees may reduce earnings