Saving is important – at any age and for any length of time. Integrity FCU knows everyone needs financial options, so we have a variety of ways for you to get into the saving habit.
Direct deposit enables you to have your entire paycheck, Social Security check, or other recurring payments automatically deposited into your credit union account. This eliminates standing in line to deposit your check or worrying about your check being lost or stolen if you’re out of town. If you would like more information on Direct Deposit, please contact a Member Services Representative.
Deposit Insurance - Your Account is Secure
The shares in your credit union are insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the U.S. Government. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, the NCUSIF is managed by NCUA (National Credit Union Administration) under the direction of the three-person NCUA Board. Your share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).
A Share Account is the first account that you will open with the credit union. You must maintain a $5.00 balance to maintain your credit union membership and take advantage of all our other services. Dividends are paid on $100.00 and above share balances (except for Custodial Accounts are paid on $5.00 and above). They are compounded daily and posted quarterly. Deposits may be made in person, by mail, night deposit, payroll deduction, direct deposit or ATM. Products and services offered with a Share Savings Account:
Share Certificates (sometimes called CDs) from Integrity FCU are excellent investment opportunities if you do not need immediate access to your funds and want to invest for longer periods to obtain higher dividend rates. You may invest your money for 6, 12 or 24 month terms. The minimum deposit is $1000 except on Custodial Accounts $500. Dividends are paid monthly and can be kept on the certificate or made available to you by being transferred into your Savings Account. The choice is yours. View our Share Certificate rates today!
Our Money Market Savings Account is a deposit account that is considered a share (savings) account, but has restrictions. A minimum balance of $2,500.00 will be required to open a MM Savings Account. A tiered structure will be used in order to retain higher account balances in return for a higher rate of interest. No more than 3 transfers or withdrawals are permitted per calendar month.
This account is not eligible for overdraft protection, ATM/Debit card, or as collateral on any loan account. A MM Savings Account will be subjuct to closure for continual attempts to exceed the withdrawal restrictions.
Our Club Accounts are great ways to save money year-round for the holidays, vacations or however you want to spend the money. Funds are available after a certain period, with no minimum balance or deposit requirements. Don’t wait! Enroll in a club account today, and when the money is ready to withdrawal, you’ll be grateful for the financial gain.
Do the holidays seem to roll around too quickly every year, when you’re financially strapped to buy gifts for loved ones? Don’t “charge” your Christmas, start planning now!
No minimum balance or deposit requirements.
Deposit as much and as often as you like.
Deposit a portion of your pay each pay period and watch how quickly it adds up. Dividends are compounded and posted quarterly. The balance of the account is transferred to your Savings or Checking Account on November 1st so you may begin using it for your holiday shopping.
Start planning for your retirement today by opening an IRA account at Integrity FCU! With outstanding rates and funds that grow tax deferred year after year, an IRA account is an important part of your long-term savings portfolio. Plus, we have no fees on our IRAs.
A Traditional IRA offers tax-deferred earnings and the possibility of tax deductible contributions.
A Roth IRA is funded by non-deductible contributions but gives owners the opportunity for tax-free withdrawals.
We also have Coverdell Education Savings Accounts! A Coverdell Education Savings Account, formerly known as an Education IRA, is a tax-advantaged investment account designed to encourage savings to cover future education expenses (elementary, secondary or college), such as tuition, books, uniform, etc.
This account can be opened to help differentiate between your regular longer term savings and the money you may need to set aside for short term needs. Dividends are compounded and posted quarterly. Use it for:
Teach your children the value of saving. A custodial account is designed to help young people understand the value of money, and to help families and individuals plan for important expenditures in the future. Get your child started on the road to savings!
Account requires a $5.00 minimum deposit.
Dividends are earned on the average daily balance and posted quarterly.
Withdrawals may only be made by the custodian to ensure the account is properly maintained.
Trusts are estate-planning tools used primarily to avoid the delays, costs, and publicity of the probate process. Members will generally work with a professional estate planner or an attorney to establish a formal living trust. Once the formal trust agreement has been created, members should transfer the title of their assets to be held in trust. This can be done at your credit union by converting your account(s) to trust accounts.