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Savings Accounts

Chesterfield Federal Credit Union is proud to offer a variety of services for members wishing to put a little money aside for a rainy day. 

From a basic savings account with no monthly fees to our higher yield money market savings and checking accounts, we have the savings products to help you earn more on your money.

 

Share Savings Account
To open an account with us, members must place $25 in their share savings account. This deposit gives them a share of ownership in the credit union. After this initial deposit, members may continue to put money away in this account, or may take part in any of the services we offer. This account pays interest quarterly on balances over $100.

Fees
$5.00 per withdrawal in excess of six (6) per quarter if the balance is less than $250.00 after the withdrawal. 

Money Market Savings
Perfect for members looking to earn a little extra on their deposits, our Money Market Savings account earns a higher dividend, with limited access. Member may make one withdrawal per calendar month. Additional withdrawals will be assessed a fee.

Fees
$5.00 per withdrawal in excess of one (1) per month.

 

Savings ($100 Minimum2 Rate APY1
Primary Share  1.10% 1.10%
Money Market Savings
$100-$1,999.99
$2,000-$4,999.99
$5,000-$24,999.99
$25,000+

1.09%
1.29%
1.59%
1.80%

1.10%
1.30%
1.60%
1.81%
 1Annual Percentage Yield     2 To earn stated APY
All savings accounts are variable rate and as such,
rates are subject to change at any time without prior notice.
The APY is accurate as of 7/1/2008.
Fees or other conditions may reduce earnings.
Please consult a credit union employee for more information.


 

 


 

 

   


Chesterfield Federal Credit Union - PO Box 820 - Chesterfield, VA  23832



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