Membership Share/Savings Account
Enjoy all the advantages of Total Choice membership by opening a Membership Savings account with an initial deposit of only $5.00. This $5.00 share in Total Choice, which must remain in your account, identifies you as a member and owner of Total Choice. Your membership savings account also establishes a lifetime of financial benefits including our tradition of “Once a member, always a member!”.
- Quarterly dividends paid using Average Daily Balance Method
- Funds insured up to $250,000 by the National Credit Union Administration
- Use savings as collateral for a Share-secured loan
- Transfer funds to and from this account by using Que — our free automated telephone teller, Online Banking, or by visiting any branch location
Usually members use Subshare Accounts for an escrow account or perhaps establishing a separate vehicle with the intention of building specific savings for insurance payments, education expenses, or even vacations!