Savings
Master Share Account
Every member is required to have a Master Share account to be a member of Southern Lakes Credit Union.
Features
- Rates
- $5.00 minimum balance
- Earns interest on $100.00 or more
- Unlimited deposits and withdrawals
- Overdraft protection to your sharedraft account (checking)
- Tyme card access
- Direct deposit available
Benefit
- Membership to Credit Union services
- Dividends paid quarterly
- No service charge
- Automatic payment of overdrawn drafts (checks)
- 24 hour / 7 ays a week access to funds
Holiday Club Account
This account allows members to put money aside for holiday purchasing needs.
Features
- Rates
- Earns interest on $50.00 or more
- Unlimited deposits
- Account maturity on November 1st of each year
- Dividend withdrawals limited to after maturity
- Principal withdrawals may be allowed with credit union approval
- Early withdrawal penalties will apply
Benefit
- Membership to Credit Union services
- Dividends paid annually
- No service charge
- Holiday funds account
Summer Savings Account
This account allows members to put money aside for summer expenditures. Ideal for teachers or anyone who needs extra money during the summer months. Money is automatically disbursed to loan payments, checking accounts, etc.
Features
- Rates
- Earns interest on $100.00 or more
- Unlimited deposits
- Withdrawals are not available between September through May
Benefit
- Membership to Credit Union services
- Dividends paid quarterly
- No service charge
- Allows bills to be paid during summer months when income has been reduced
Johnny Appleseed Account
Account designed for children up to the age of 12. This accounts allows children to begin saving money in their own name.
Features
- Rates
- $5.00 minimum balance
- Earns interest on $5.00 or more
- Unlimited deposits and withdrawals
Benefit
- Membership to Credit Union services
- Dividends paid quarterly
- No service charge
- Child gets to pick out a small gift with every deposit
- Birthday cards sent to each Johnny Appleseed member
