When you become a member of the credit union a Savings Account is opened in your name. An initial deposit of $10 is required and includes the $5 membership fee. Members must maintain a $100 minimum daily balance in their savings account to earn dividends. There is a $2 monthly minimum balance fee accessed when balances are below $100, which is waived if you have more than one EXCEL account.
**Please note: Savings Accounts are federally regulated accounts and federal regulation limits the number of withdrawals on Savings Accounts to six per month. For accounts that will require more activity, please refer to our Checking Account page.
Features of Savings Accounts include: