This account is your gateway to membership in our credit association. As a financial cooperative, we’re owned by our members. Your $25.00 opening deposit is your “par value share” – i.e. your ownership stake – in FECA. So you will need to maintain it in your savings account the entire time you’re a member.
More than just an “entry” account, your share savings is a dividend-paying account designed to help you easily hit your savings goals. Conveniently grow your balance by setting up automatic payroll deductions or automatic transfers from your checking account.
|Balance||Annual Percentage Yield|
|$500 - $999.99||0.01%|
|$1,000 - $2,999.99||0.03%|
|$3,000.00 and up||0.05%|