Open the door to all of our financial services when you establish your share savings account. Maintain a balance of $100 or more and earn dividends on your balance. Share savings is the basic building block of a solid financial future.

Dividends

The dividend rate is declared quarterly by the Board of Directors after operating costs and reserve requirements have been met. Dividends are calculated on the average daily balance and paid quarterly on March 31st, June 30th, September 30th and December 31st.

Deposits

Add money to this account via payroll deduction, automatic debit from another financial institution or complete a deposit slip and mail with a check payable to Peoples Energy Credit Union. The current maximum limit imposed by the Board of Directors is $100,000.

Withdrawals

For your protection, a signed request is required for any withdrawal. One withdrawal, without charge is allowed each month. A service charge of $5 for each additional withdrawal will be debited from your account monthly.

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