(regular savings)
A savings account is the first step to becoming a member-owner in Premier Credit Union.
- $25 minimum balance
- Dividends paid monthly on average daily balances of $100 or more
- Accounts insured up to $500,000. The first $250,000 is federally insured through the National Credit Union Share Insurance Fund (NCUA) and an additional $250,000 is privately insured through ESI.
You can designate your Premier CU savings as a single, joint, single/joint with one or more beneficiaries or living trust ownership account.
You can access your account through:
Move your savings and direct deposits to Premier CU with our Online Switch Kit.
Save for a Specific Goal
With a Premier CU Club Account, you'll enjoy all the benefits of our regular savings account, including high monthly dividends, and save toward a specific financial goal or objective.
- High dividends paid monthly on average daily balances of $100 or more
- At least $250,000 in NCUA insurance through the National Credit Union Share Insurance Fund
You can designate your Club Account as a single, joint, single/joint with beneficiaries or a living trust ownership account.
Use a Club Account to set aside funds for:
- Travel
- Taxes
- Special occasions
- Large purchases
- Holiday expenses
- Emergencies
- A wedding or a honeymoon
- And more
Automatic transfers from savings to checking are limited to six per month.
A loan application must be approved for an overdraft line of credit.
Save a little extra for the holiday season with a Holiday Helper Account!
- Earn extra dividends*
- Start account with a zero balance
- Add to it as often as you like
- Account matures on October 31st
* Account begins earning dividends on average daily balances of $100 or greater. The penalty for early withdrawal is the loss of all dividends earned. This is not a fixed rate product. Rate subject to change without notice.
Designed for members who do not like restrictions, penalties, and fine print. You will find the low minimum balance, high reliable yields, and flexible terms very attractive.
- Open with as little as $1,000
- Free money market checks
- No monthly maintenance fees
- Unlimited ACH/electronic withdrawals
- Federally insured investment
- 24-hour access through online banking and PAM telephone banking
- Up to six withdrawals per month (up to three by check)
- Low check withdrawal minimum of $500
- Monthly dividend compounding and posting
Click Here to View Current Rates
Have more to invest? Earn greater dividends with Premier CU's Wealth Builder Money Market
Account.
- Minimum opening balance: $100,000
- Insured up to $500,000
- No monthly service fees
-
Withdraw from the account up to six times per month
Contact us today
for more details.
- We have Share Certificates with a variety of maturity dates
- Low minimum required deposit of $1000
- Students ages 15-22 may open their certificates with as little as $250
- Dividends are paid quarterly
- You have the option of letting the interest remain in your Share Certificate, depositing it directly into another account, or withdrawing it.
Click Here to View Current Rates
(Individual Retirement Accounts)
Traditional IRA
A Worry-free Retirement Solution
A traditional IRA is the foundation of any retirement plan. That's because it's a simple, effective and easy-to-manage way to save for a comfortable lifestyle tomorrow, while giving you some significant tax advantages today.
- Allows your earnings to grow tax deferred
- Contributions may be tax deductible
- This up-front tax break may reduce the current income taxes you owe
Some Facts about Traditional IRAs
- You must be less that 70 1/2 years old and have received compensation to qualify for making an IRA contribution.
- You are automatically eligible for a tax deduction if neither you, nor your spouse, are covered by an employer-sponsored retirement plan and your MAGI is under IRS limits.
- In addition to the up-front tax break, money in a traditional IRA accumulates tax-deferred.
- When you take distributions, both your deductible contributions and earnings will be taxed at your regular income tax rate.
View Disclosures
Roth IRA
Save for Retirement...the Flexible Way
Roth IRAs are often more attractive to people than traditional IRAs because of their tax-free growth and more flexible withdrawal rules.
- Allows you to withdraw earnings tax free if they remain in the Roth IRA for at least 5 years and you are 59 1/2 or older.
- Contributions are non-deductible and may be withdrawn anytime without penalty or taxation.
- You can make contributions up to the maximum limit or your earned income, whichever is less.
- You can continue to make contributions even after you reach age 70 1/2 and have earned income.
- Distributions are not required after age 70 1/2.
Some facts about Roth IRAs
- If you are employed and have earned income, you can make contributions to a Roth IRA, even after turning age 70 1/2.
- Unlike a traditional IRA, a Roth IRA doesn't require you to take required minimum distributions when you turn age 70 1/2.
- Participation in an employer-sponsored retirement plan has no bearing on your eligibility for a Roth IRA.
- Since no annual required minimum distributions apply during your lifetime, you can let your savings accumulate tax-free much longer - and on your schedule.
- You must meet income limits to make contributions.
View Disclosures
Your savings insured to $500,000 — $250,000 federally insured by the National Credit Union Administration and $250,000 privately insured by ESI.