| When you become
a member
of the credit union a savings account is opened in your name. An initial
deposit of $20 is required. All members must maintain a $20 balance
in their savings account to remain a member, and demonstrate regular
activity in their account to keep it open.
Other features of
Regular Savings include:
- A competitive interest
rate paid semi-annually on the average daily balance in your savings
account. Click here for current rate
information.
- Withdrawals:
To withdraw money from your savings account, simply stop by the
credit union. Members may make up to three savings withdrawals
per quarter free of charge. After three withdrawals in one quarter
a $1 charge per excessive withdrawal is applied.
- Quarterly statements
by mail.
If you have any other
questions about regular savings accounts at Platinum FCU, contact
us.
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