Savings Products ...

We offer a variety of savings accounts designed to help you increase the value of the money you earn and the way you choose to save. All accounts can be accessed thru FREE On-line Banking and FREE Select 24 telephone audio response system. You will receive quarterly statements unless your account has ACH activity in which case you’ll receive a monthly statement. All of your savings are insured by the National Credit Union Administration.

Regular Savings (Share) Accounts - this is the account that all members are required to open in order to take advantage of all the other services we offer. The account requires a minimum balance of $5.00. The opening deposit can also be made by payroll deduction and/or direct deposit. Dividends are earned and paid monthly. The first four (4) withdrawals per month are free and $4.00 per withdrawal after that. This type of account can be accessed using a Pulse ATM card. There is a $10.00 early closing fee if the account is closed within 60 days of opening. SEFCU does not charge a membership fee.

$uper Teen $avers Accounts - this account was designed for teens 13-17 who are learning about the advantages of saving money. We encourage saving by sponsoring quarterly contests and providing educational information in our quarterly newsletter. The account requires a minimum balance of $5.00. The opening deposit can also be made by payroll deduction and/or direct deposit. Dividends are earned and paid monthly. The first four (4) withdrawals per month are free and $4.00 per withdrawal after that. This type of account can be accessed using a Pulse ATM card. There is a $10.00 early closing fee if the account is closed within 60 days of opening.

The Zoo Crew Club Accounts - this exciting and fun club is for our youngest savers thru age 11. There is even a special area of the credit union dedicated just to them! We have regular quarterly contests and prizes to encourage them to save. The quarter newsletter features information about the club and its participants. The account requires a minimum balance of $5.00. The opening deposit can also be made by payroll deduction and/or direct deposit. Dividends are earned and paid monthly. The first four (4) withdrawals per month are free and $4.00 per withdrawal after that. This type of account can be accessed using a Pulse ATM card. There is a $10.00 early closing fee if the account is closed within 60 days of opening.

Share Certificate Accounts - allow you to invest your savings for specific periods of time with guaranteed higher dividends. Dividends are posted monthly and can be added back to the certificate for a higher annual percentage yield, paid monthly by check or posted to another SEFCU account. The minimum to open is $500.00. Certain restrictions and early withdrawal penalties apply. Terms available are 6, 12, 24 and 36 months. There is an automatic renewal option with a 10 day grace period.

I.R.A. (Individual Retirement Accounts) - these accounts are a great way to save for your retirement. The minimum balance is $100.00. We offer Traditional and Roth IRA Accounts. The dividends are paid and posted monthly. Payroll deduction and/or direct deposit contributions are available. Withdrawals may be subject to penalty (please consult the IRS or a tax consultant).

Holiday Club Accounts - a fun and rewarding way to save for the holidays because bonus dividends are paid monthly and each $10.00 deposit earns an entry for prize drawings held in November! Minimum to open is $25.00. There is a penalty for early withdrawal so you’re encouraged to save!