When you become a member of the credit union a savings account is opened in your name. All members must maintain a $5 balance in their savings account to remain a member, and demonstrate regular activity in their account to keep it active.
Other features of Regular Savings include:
- A competitive interest rate paid quarterly on the average daily balance in your savings account. Click here for current rate information.
- 24 hour account access through Home Banking.
- Quarterly statements by mail or email.
- Payroll deduction: You may have deposits to your savings account deducted directly from your paycheck.
If you have any other questions about regular savings accounts at Sewerage and Water Board Employees' Federal Credit Union, please contact us.