Savings at Appalachian Federal Credit Union

Savings

Share Savings Accounts

When you open your credit union account your savings are called shares. One share equals $5.00. Members need at least $5.00 in a share account to earn quarterly dividends (interest). Dividends are based upon Appalachian Federal CU's earnings, and rates are set at the end of each quarter. Your shares are insured up to $250,000 by the National Credit Union Association (NCUA). We offer several types of savings accounts to fit your needs.

Regular Share Savings
Debit account with debit card
Money Market
Certificates of Deposit
IRA, including Traditional, Roth and Coverdell Education Savings Account
SEP (Simplified Employee Pension
Christmas and Homebuyer Club accounts
Individual Development Accounts (IDA): The IDAs are in partnership with other non-profit organizations and offer matched savings when qualifying low-income people save for education, business or homeownership.

Your Savings are Always Safe

Each members' shares in Appalachian Federal Credit Union are insured up to $250,000 by the National Credit Union Administration (NCUA), a U. S. Government agency. Regular examinations are conducted by the NCUA examiners, the credit union's Supervisory Committee, and an outside auditor.

Appalachian Federal CU sends statements of accounts quarterly.

Savings Rates
Fees

Truth In Savings Disclosure
available on request.