Member AccountsShare Accounts
Minimum balance of $5.00 with no fees. Our rates are subject to change quarterly with dividends paid quarterly. Deposits may be made by direct deposit, payroll deduction, over the counter transactions, wire transfers, or transfers from other ERCU accounts.
90 Day Investment Accounts
Minimum balance of $500.00. Accounts mature quarterly with dividends paid quarterly. Rates are subject to change the beginning of each quarter. Withdrawals may be made during the quarter with no penalty as long as a minimum balance of $500.00 is maintained in the account. Account closures during quarter are subject to early withdrawal penalties. Deposits of $500.00 or more may be made at any time during the quarter.
Free Share Draft (Checking) Accounts
Our basic share draft (checking) account offers numerous advantages over traditional checking programs. We do not require a minimum balance. There would never be a per-check charge or a monthly service charge. We also offer monthly statements by mail or by e-statements. Our share draft accounts also offer Optional overdraft protection for qualifying accounts. Deposits can be placed into your share draft (checking) account at any of our offices, by mail, remote deposit capture via our mobile app, or through payroll deduction or direct deposit. All deposits into your share draft account are federally insured in conjunction with the aggregate total of your account up to $250,000 by the NCUA.
Minimum balance requirement of $5,000.00. Certificates are available for 182 days, one year, and two years. Early withdrawal penalties apply to all Share Certificate Accounts.
To help our members prepare for retirement we offer both Traditional and ROTH IRA accounts. All IRA funds are paid dividends quarterly. The rate paid on IRA accounts is fixed for the quarter and can only change the beginning of each quarter.
Christmas Club Accounts
To help you be prepared for the holiday season, we offer Christmas Club Accounts. Transfers from your Christmas Club account to savings or checking accounts will be made on the first working day in November of each year. Deposits may be made by payroll deduction, direct deposit, over the counter transactions, or transfers from other ERCU accounts. Deduction amounts may be changed at any time during the year. One additional withdrawal may be made from this account during the year, however a $10.00 fee will be charged.
©Copyright 2018 Employee Resources Credit Union. All Rights Reserved.
1604 Remke Ave., P.O. Box 987, Lawrenceburg, TN 38464 ι (931) 766-9288 ι Fax: (931) 762-0583
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