At First United Federal Credit Union your savings account rates and services are convenient as well as competitive. Let us make your dollars and cents earn more than that piggy bank. We offer competitive earnings and convenience on your savings account with services like direct deposit and payroll deduction. Remember every dollar and cent counts.

Savings account
A Saving account is the “First” account you will open to be part of our Family. The only requirement is a deposit of $5.00 to establish membership. As long as you maintain this balance you will be eligible to take part in the many services we have to offer

Club Accounts (Christmas and Vacation) accounts
Save for that special time of the year with our Christmas and Vacation Club. No deposit or withdrawal restrictions. With Direct Deposit or Payroll Deduction it is fast, easy and convenient.

Share Draft/Checking account
In today’s hectic world, the convenience of a share draft/checking account is essential. But high fees are not a necessity. (A $25.00 deposit is required to open the account.)

• No Minimum Balance Requirement
• No Per Check Charge
• Overdraft Protection
• Master Money Debit Card
• Direct deposit/payroll deduction available
• Reorder checks safely and conveniently online

Retirees: With Direct Deposit of Social Security or Pension receive two free orders of checks per year. The service charge of $3.00 per month is waived.

Net Pay: We also will waive the $3.00 fee for any member that has direct deposit of their entire paycheck to their account.

Newlyweds: Upon presentation of a marriage license, you will receive a one year waiver of the Monthly Service Fee and one free order of checks.

Graduates: Upon presentation of a High School or College Diploma, you will receive a one year waiver of the Monthly Service Fee and one free order of checks.

Share Plus Savings account
Earn money market rates with none of the risks associated with most investments. Share Plus offers you a higher interest rate than our regular share account with a minimum balance requirement of $1,000.00 and limited 3 withdrawals a month. With Share Plus you receive great rates without tying up your money.

Direct Deposit/Payroll Deduction
Direct deposit or Payroll deduction is fast, easy, safe and convenient. A portion of your net pay or your full social security, pension, or recurring income can be deposited into your account(s) immediately and are available every pay period. It’s a great way to save and to make loan payment automatically.

Savings at First United Federal are federally insured up to $250,000 by the National Credit Union Administration, a U.S. Government agency.

Overdraft Protection/Line of Credit
You can write yourself a loan whenever you want with a First United Line of Credit. Once you’re approved, you can borrow up to your limit by simply drawing on your checking account in excess of your balance. Low minimum payments and interest rates make the Overdraft Protection easy on your budget. It also protects you from overdrawing your checking account.

IRAs

TRADITIONAL IRA
Earnings grow tax-deferred until withdrawn.
Contributions may be fully, partially or non-tax deductible.
Certain withdrawals may be penalty-free for qualifying reasons.

ROTH IRA
Contributions are made after tax dollars and can be withdrawn tax and penalty free at any time, for any reason. Earnings are tax and penalty free if the account has been open for five tax years and the withdrawal is for a qualified reason.

COVERDELL EDUCATION SAVINGS ACCOUNT
Anyone with qualifying income can make qualified contributions.
Withdrawals are tax and penalty free for qualified education expenses.
Contributions are not allowed once the designated beneficiary reaches age 18.

TERM SHARE CERTIFICATES (CD’S)
Short term and long term we can meet your needs. We offer competitive rates with a low minimum balance requirement of $500.00. This is a risk-free investment with guaranteed earnings.

ALL OF THE ABOVE ACCOUNTS CAN BE INVESTED IN A SHARE (SAVINGS) ACCOUNT OR TERM SHARE CERTIFICATES (CD).