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Your credit union's savings plan offers several accounts designed to meet the needs of
all types of members. Each account pays competitive dividend rates based on money
market rates earned by the credit union. Member accounts are insured to at least $100,000 by
the National Credit Union Share Insurance Fund.
The dividends are determined by the average daily balance method which applies a
periodic rate to the average daily balance in the account for the month. Dividends are
compounded and are credited monthly.
Share Money Manager Account
Offers competitive money market rates to all share accounts based on average daily
balance levels.
Dividend Earning Tiers
$0 - $99.99 | No Dividend Paid Under $100 |
$100 - $2,499.99 | Dividend Rate Could Change Monthly |
$2,500 + | Dividend Rate Could Change Monthly |
- There are no maintenance fees or service charges.
- 24-Hour access at all PAM locations.
- Transfers and withdrawals through Phone Access Teller.
- Account must be open at month end to earn dividends.
Special Share Money Manager Account
You may open additional Share Money Manager Accounts for any purpose you like.
Perhaps you would like to save for a large purchase, such as a new car or down
payment on a home, or just set aside money for a "rainy day".
Holiday Club Accounts
Our Holiday Club Account dividends are calculated by the same method. Transaction
methods are the same also, meaning you are not confined to a rigid coupon book. The
entire balance of the Holiday Club is transferred to your prime Share Money Manager
Account on November 1st.
Pacesetter Plus Accounts
Pays market sensitive rates without sacrificing liquidity for higher balances.
Dividend Earning Tiers (Based on Average Daily Balance for
the Month)
$0 - $99.99 | No Dividend Paid Under $100 |
$100 - $4,999.99 | Dividend Rate Could Change Monthly |
$5,000 - $19,999.99 | Dividend Rate Could Change Monthly |
$20,000 - $49,999.99 | Dividend Rate Could Change Monthly* |
$50,000 + over | Dividend Rate Could Change Monthly* |
- There are no maintenance fees or monthly service charges.
- Minimum deposit - $100.
- Minimum withdrawal - $250.
- 24 Hour access at all PAM locations.
- Transfers and withdrawals through Phone Access Teller.
- Account must be open at end of month to earn dividends.
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For average balances of $20,000 or more, you may qualify for even higher Relationship dividend rates*.
*To qualify for the relationship dividend, you must be a member in good standing and maintain one relationship from Column A and one relationship from Column B:
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Column A
- VisionsPlus Checking with Visa Check Card
- VisionsDirect Checking with direct deposit
- Visions "E" Checking
- HSA Checking with Visa Check Card
- Business Checking
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Column B
- Gold or Platinum Credit Card
- Consumer loan balances of $10,000 or more
- Mortgage/HELOC loan balances of $25,000 or more (includes TaxSaver)
- Business loan balances of $50,000 or more
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Other Important Information Regarding the Share Money Manager
and Pacesetter Plus Accounts
- Loan Collateral - funds in Share Money Manager and Pacesetter Plus
Accounts can be pledged as collateral security to a loan or loans with
Visions Federal Credit Union.
- Changes in Agreement - the credit union reserves the right to
terminate the offering of these accounts to members at any time without
notice. The credit union may also change any of the terms or conditions
on existing accounts with 30 days prior notification.
- Assignment of Account - these accounts are not transferable except on
the books of the depository institituion.
- Note - dividends are based on the credit union's earnings at the end of a
dividend period and cannot be guaranteed.
To open any of these accounts or to find out more information, you may visit any of our
branch offices and ask to speak with a Service & Sales Representative or you may call
the Telephone Member Account Specialists.
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