Savings Accounts

Prime Savings

This account is your key to Family 1 membership. Prime Savings offer the convenience of a regular passbook account and pay dividends when a minimum of $100 is on deposit. These dividends are paid and compounded monthly based on your average daily balance.

The initial deposit of $55 includes a $5 non-refundable membership fee. A minimum balance of $50 must be maintained for an active membership.

Invest in Yourself!

You need to provide for yourself and the only way to accomplish that is to actually get started.  Family 1 has a great account that allows you to save painlessly for the future.  When you open an Invest in Yourself account, you can choose to automatically deduct a little from your paycheck or transfer from another account on a regular basis.  Because it’s automatic, you’ll find that “out of sight, out of mind” is an accurate statement.  You’ll set a target of at least $500 and, when you reach that amount, the money will be automatically transferred to a 12-month certificate.  Sign up today!

Name Your Own Account

When you open secondary savings accounts you can name them if you are using them for special purposes, such as “Vacation” or “Peter’s College Fund”.

Money Market Account

Money Market accounts give you high liquidity and earnings competitive with similar accounts elsewhere. However, unlike most money market accounts, ours carry NCUA account insurance.*

• Money Market accounts earn dividends when balances are maintained at $2,500 and over.
• Deposits are allowed any time and up to 3 withdrawals may be made each month without incurring a fee.
• Dividends are earned and paid monthly when the minimum balance is maintained.

 

*Members’ accounts are insured by the National Credit Union Administration up to $250,000.

Now is the time to invest in yourself! Call (714) 577-8454 for more information.