Personal savings are important whether you're saving for a specific item or simply building financial security. And ... there's not a better place to save than Capital City.

 

When you save at your Credit Union, you're actually investing in your financial institution - with interest paid to you in the form of dividends. And, you receive statements regularly detailing all your savings transactions and earnings on your dollars.

 

Please check with the Credit Union for current rates, terms, yields, deposit and withdrawal requirements on each savings program.

 

Paying yourself first is the key to financial security, and you can get ahead by saving at your Credit Union.

 

 

Regular Savings Account - The regular savings account is a passbook-type account that gives you immediate access to your money. There is a $50 minimum deposit to open the account, and a minimum balance of $50 or more must be maintained on deposit in order to earn dividends. Dividends are compounded and paid quarterly.

 

Certificates - Credit Union share certificates are available at higher rates to members with larger sums to put into savings for a fixed period of time. Please check with the Credit Union for current rates and terms. Certificate dividends can be paid monthly or at maturity, and there is a penalty for early withdrawal.

 

Money Market Account - This special investment account combines high dividends with the ease of limited draft access to funds. And, you earn monthly dividends on the average daily balance for each month with a minimum deposit of $2,500. (rates)

 

Individual Retirement Account (IRA) - The Credit Union offers IRAs - your plan to supplement Social Security benefits and/or company retirement benefits. IRAs can generate solid tax deferral today and a sizable retirement benefit tomorrow. (rates)

 

Special Savings Accounts - Capital City offers Christmas savings and vacation savings accounts to help members reach a desired savings goal for a specific purpose. Dividends are compounded and paid quarterly. And, Christmas checks are mailed the first week in November.