Types of Share Accounts

One of the differences between a credit union and bank is; as a member of the credit union, you own a share of the place! Since you own a share, instead of being called a savings account, credit unions use the term share account. A share account makes you an owner of Premier Financial Credit Union.

View our membership details to see if you qualify to become an owner of Premier Financial Credit Union.

 

Share Account

A share account is a great way to save some extra cash. A minimum of $5.00 is required to open a share account. As a credit union member, you are not required to maintain more than $5.00 in your share account. Earns a daily dividend, paid monthly on balances greater than $25.00.

Escrow Share

Plan for your annual property tax bill with an escrow share account. Set up automatic transfer to your account to make saving for taxes simple and convenient. Earns a daily dividend, paid monthly on balances greater than $25.00.

*Some mortgages may require mandatory escrow accounts

Christmas Share

Save for the holidays throughout the year with a Christmas share account.
Make deposits anytime or set up automatic transfers to the account each month. Unlike a traditional Christmas Club Account, you can make withdrawals from your account at any time. Earns a daily dividend, paid monthly on balances greater than $25.00.

Savings Rates

 

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