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Savings
Information
Alco Federal Credit Union is your credit union. We offer a full line of services for all your financial needs. Here are a few of the services offered…
SHARE SAVINGS ACCOUNT
A competitive dividend rate is compounded and paid quarterly to accounts with an average daily balance of $100.00. Opening and minimum balance requirement of $50.00.YOUTH SHARE ACCOUNT
Persons 18 years and under can open a savings account with a deposit of $5.00. A legal guardian or parent must sign as joint owner. There is no monthly service or withdrawal fee.
- Additional Share Accounts
- Christmas Club
- Vacation Club
SHARE CERTIFICATES
We offer certificates for 6 months and 1 year. The Board of Directors determines rates monthly. All certificates have a minimum balance requirement of $500.00.IRA SHARE CERTIFICATES
We offer certificates for 1 year and 3 years. Dividends are posted at maturity.SHARE DRAFT ACCOUNTS
Our individual share draft accounts offer the benefits and convenience of a traditional bank checking account. No per check charge. Carbonless duplicate drafts and comprehensive monthly statement. No minimum balance requirement.
INDIVIDUAL RETIREMENT SHARE ACCOUNTS
Minimum opening deposit $500.00. Dividends compounded and posted monthly.MONEY MARKET ACCOUNT
Minimum opening deposit of $2500.00. Three withdrawals allowed per month after which a fee will be imposed and withdrawal amounts must be at least $300.00. Dividends compounded and posted quarterly.
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