Members can take advantage of several types of savings and investment accounts from Sentry Credit Union. There are regular savings, Piggy Bank and Christmas Club accounts available.
Regular savings can be used for setting aside your funds until you need them. These funds are available to you at anytime. Piggy Bank and Christmas Club accounts can be used to save for a specific purpose or special event.
A Security Money Market account requires a minimum balance, has certain transaction restrictions, but pays a higher dividend than a regular savings account.
Share certificates require a minimum deposit to open, are on deposit for a set period (from 6 months up to 5 years), have penalties for early withdrawal, but pay a higher dividend than regular savings and month market accounts.
All deposits at Sentry Credit Union are federally insured to $250,000 by NCUA, a US government agency.
A $5.00 deposit in a Share Savings Account starts your membership in Sentry Credit Union. Dividends are earned daily, compounded, and posted quarterly. As a Member, you are a owner, with profits being returned to you in the form of dividends on your Share Savings Account. Check out our Rates, then request a Share Savings Account Application today!
Earn a higher dividend rate with a Security Money Market Account from SCU. Feature of this account include:
- High daily dividend rate that is paid weekly
- Low initial required deposit of $2,000
- Low minimum average daily balance of $1,000 required to avoid $3.00 below minimum balance fee
- Withdrawals/transfers must be minimum of $250 — there are no restrictions on deposits
- Some restrictions apply to the number of checks/internet banking transfers per month (ask for details or refer to account disclosure). There are no restrictions on the number of counter withdrawals, but they must be at least $250 or more.
This is a great account to put money into that you don’t need access to on a regular basis, but don’t want to tie it up as long as a share certificate of deposit.
As with all deposits at the Credit Union, the Security Money Market Account is federally insured up to $250,000 by NCUA, a US government agency.
Check out our rates, then request a Security Money Market Account Application today!
If you would like a better yield on your money, look into a Term Share Certificate of Deposit. Term Share Certificates earn a higher annual percentage yield than regular Share Savings because your money is locked into the certificate for a given period of time. Certificate dividends are earned daily, compounded, and posted quarterly.
Attractive market rates are paid on your deposits. Length of deposits range from 6 months to 5 years. Minimum deposit of $500 with higher rates paid on deposits of $10,000 or more.
Learn about a “Customiser” coupon for your CD. With a qualifying Term Share Certificate, you can increase your rate and/or make additional deposits. Whatever option you use with a “Customiser” coupon, the original maturity of the Term Share Certificate remains the same.
Check out our Rates, then request a Term Share Certificate Account Application today!