Regular Share Account

Regular Share Savings Accounts in Indiana

Opening a share savings account in Indiana helps to boost your savings goals while keeping your cash accessible for when you need it. It's similar to a traditional bank savings account, but with the special credit union touch. Here's what you need to know before you open your own regular share savings account at U S Federal Credit Union.

Regular Share Savings Accounts Explained

Just like a bank savings account, a regular share savings account is a way to safely save your money at your local credit union. You can use the account for your emergency fund or to save up for a specific goal, like a vacation, down payment on a car or house, or major purchase. A regular share account is the savings account that all members have with U S Federal Credit Union.

At the beginning of every month, dividends are applied to your account based on the previous month's average daily balance. In other words, you'll have the power of compound interest working in your favor to grow your savings month after month. Dividends are paid monthly after the close of business on the last day of the month. A minimum balance of $50.00 is required the last day of every month to avoid a monthly service fee.

Benefits of Choosing a Share Savings Account

Why select a regular share account for your savings? U S Federal Credit Union offers several advantages, including:

• As a credit union member, you're also an owner. 
• Dividends applied to your share account monthly.
• Low minimum balance required to avoid monthly service fees.
• NCUA insurance means your balance is protected up to the federal limit.
• Easy-to-access funds available whenever you need them.

Start Saving Today

Contributing to a regular share savings account in Indiana can be a powerful way to take charge of your money and reach your financial goals. Plus, you get all the flexibility you need to handle emergencies as they arise, along with covering the planned expenses you're working towards. It all starts with opening a share savings account today.

Ready to take the next step? Get started with U S Federal Credit Union.