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Alabama Credit Union Savings Account Rates

Building trust and value for members is as important as running an organization. It becomes possible by prioritizing and keeping the members’ interest in the forefront. Alabama Credit Union operates on the principle of providing the highest level of service to its members. It believes in providing the maximum benefit to its members. Practising the not-for-profit philosophy, Alabama Credit union passes great assistance to its members.

As a member you may start by opening your savings account. You will earn higher interest as compared to other financial institutions and get an insurance cover of up to $350,000. You earn dividends calculated on your daily balances which are credited and compounded on a quarterly basis.

- Share Savings Account gets you 1.00% interest, 1.01% APY.
- Special Savings Account gets you 1.00% interest, 1.01% APY.
- Organizational Savings Account gets you 1.00% interest, 1.01% APY.
- Student Organizational Savings Account gets you 1.00% interest, 1.01% APY.
- Holiday Club Account gets you 1.00% interest, 1.01% APY.
- Vacation Club Account gets you 1.00% interest, 1.01% APY.
- IRA Savings Account gets you 1.00% interest, 1.01% APY.

Savings Account Features:
@ The dividends are compounded and credited quarterly.
@ Minimum balance required is $25.
@ Account transfer limitations apply.
@ Your savings federally insured to at least $250,000.
@ The above rates have been noted as on November 12, 2008.

Savings accounts also earn life insurance benefits on balances up to $5,000 at no direct costs to you. By combining your Savings and IRA accounts, you get a combined level of savings insurance of up to $700,000. In order to offer an extended coverage to its members Alabama Credit Union has joined an elite group of institutions recognized for their safety and soundness. So you may open your savings account today! For any queries you may call at 888-817-2002 or 205-348-5944 or send an email to info AT AlabamaCU.com.

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