Savings, Club Accounts and Investments
Throughout all the stepping stones of life, Abbey Credit Union is committed to being there for our members. This includes building wealth for themselves and their families. To make this goal more attainable, we have created a variety of savings accounts.
Our Regular Share Account is the basic account that each member must maintain in order to preserve membership in Abbey Credit Union. With a $5.00 deposit, you will begin to experience all the benefits we have to offer our members. You will also earn tiered dividends on the monies on deposit in the account.
With your account you will also be eligible for Free Online Banking and an ATM card. You can also check balances, transfer funds, request withdrawals by check and more with “Otto”, Abbey Credit Union’s audio response teller available 24 hours a day, 7 days a week.
Nifty Fifty Club
To become a member of Abbey’s Nifty Fifty Club, simply present your driver’s license at the Credit Union, showing proof that you are 50 years old or older. You must maintain a $1,000.00 minimum balance in your savings account or certificate of deposit at the credit union; or have Direct Deposit of your Net Pay, Social Security or any other retirement benefit check to your Abbey Credit Union account.
You will be entitled to the following benefits:
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FREE Checking |
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FREE Notary Service |
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FREE Direct Deposit |
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FREE Home Banking |
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FREE Web Bill Pay |
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FREE Copy Service (max. 15 per month) |
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FREE Box of Checks/Year |
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FREE Money Orders (limit 2 per month) |
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FREE Official Checks (limit 2 per month) |
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Regular Savings Accounts (tiered dividends)
Savings accounts earn tiered dividends. The more you invest, the more your rate increases.
And the more your rate increases, the more money you earn. This great program helps you save more, while creating a plan that suits your lifestyle. |
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Business Accounts |
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Children and Youth Savings Accounts |
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Charm Investments (a special investment program for children) |
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Individual Retirement Accounts |
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Christmas Club Accounts |
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Vacation Savings Accounts |
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E-Statements
Available online at Abbey@Home |
Dividend Rates Effective April 1, 2012
| Regular Savings / Special Accounts ** |
| Savings accounts earn tiered dividends. The more you invest, the more your rate increases. And the more your rate increases, the more money you earn. This great program helps you save more, while creating a plan that suits your lifestyle. |
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Rate |
A.P.Y. * |
| $300.00 & Over |
.05% |
.05% |
| PRO: (Minimum .5% above savings Rate) * |
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Rate |
A.P.Y. * |
| $100.00 to $2,499.00 |
.05% |
.05% |
| $2,500.00 & Over |
.55% |
.55% |
| * No longer offered as a new account. |
| Maximizer: * |
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Rate |
A.P.Y. * |
| $2,500.00 & Over |
.05% |
.05% |
| * No longer offered as a new account. |
| Children & Youth Savings Accounts / Kidz Account* |
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Rate |
A.P.Y. * |
| $25.00 & Over |
.05% |
.05% |
| * Balances less than $25.00 do not earn dividends. Dividends are declared by the Board of Directors and must be paid out of current earnings per NCUA rule #1763.117. |
| Other Share / Savings Accounts |
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Rate |
A.P.Y. * |
| Christmas Club |
.05% |
.05% |
| Escrow (Real Estate) |
.05% |
.05% |
Balances less than $300.00 do not earn dividends. Dividends are declared by the Board of Directors and must be paid out of current earnings per NCUA rule #1763.117.
** Minimum daily balance of $1,000 must be maintained to earn dividends. |
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Charm Investments
Abbey Credit Union understands that it’s never too early to begin saving for a child’s future. Our Charm Investment Plan provides earnings in an investment plan for any little one (perhaps a grandchild, niece, nephew, or your own newborn). Added benefits include tax savings for eligible participants. Also, all funds up to $250,000 are insured by the National Credit Union Administration (NCUA), an agency backed by the federal government.
24/7 OttoTeller Access
Make account inquiries, transfers, withdrawals, and more... anywhere and anytime (24 hours a day, 7 days a week) over the telephone. Abbey’s Response Telephone Banking Service offers a Toll Free Telephone Number for your convenience. Local 937-898-0281 Toll Free 800-222-3989
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