The share (savings) account establishes your membership and eligibility for all other services offered. Your shares earn dividends at very competitive rates and deposits may be made in person, by mail, through payroll deduction or direct deposit. A minimum balance of $50.00 is required at all times. HCEFCU offers, at no direct cost to members, Life Savings Insurance which insures eligible shares up to $4,000.00. In addition, $2,000.00 of Accidental Death and Dismemberment insurance is provided free to each member over age 15, with additional coverage available at minimal rate.

• Federal Insurance
• Christmas Accounts
• Share Certificates
• Money Market Accounts
• Share Draft Accounts
• Individual Retirement Accounts

Each account is federally insured to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

Christmas accounts are a great way to save for the Holidays. The account can be opened at any time during the year with a $5.00 minimum balance required. Dividends are paid monthly. Checks are distributed by the first week in November, and may be directly deposited to your share account upon maturity. Accounts are automatically renewed each year. Deposits may be made by payroll deduction, direct deposit, in person or by mail.

IRA accounts are available as a personal tax-sheltered retirement plan. IRA's are used to reduce present taxes and to build for a more secure future. HCEFCU offers a variety of IRA plans that will fit your individual needs, including ROTH IRA & Coverdell Education Savings Account.

Certificates are offered in a variety of short and long terms to suit every financial need. Dividends are paid monthly and can be transferred to a share account, or a dividend check can be mailed to a specified address.

Money market accounts take advantage of market rates with the additional feature of insured safety. Dividends are compounded monthly. A minimum of $2,500.00 is suggested to take full advantage of the higher earnings rate. Transactions are limited to three withdrawls and three transfers a month.

Share Draft checking accounts offer the convenience of checking with no monthly service fees, no per check fee, and no mimimum balance requirements, while earning you interest. Dividends are computed on an average daily balance for the month and paid monthly. You can also take advantage of the credit union's VISA debit card for convenient access of your draft account through ATM's.