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 $250,000 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

• There are no maintenance fees or service charges for active accounts.
• 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)

• 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.
• 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:

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.