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216.663.6800 330.733.6002
USA PATRIOT ACT requires IDENTITY VERIFICATION for all new accounts.
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Savings
Choose the Savings Account That Meets Your Growing Needs Ohio Catholic Federal Credit Union offers a variety of savings accounts to fulfill the ever-changing needs of our growing membership. Our members have access to a variety of savings products. The U.S.A. Patriot Act requires that we verify the identity of any one opening an account, document and retain that information. Share Saving Accounts Basic savings account used to establish membership with a low minimum deposit. • Dividends Paid Quarterly on Average Daily Balance of $100 or more • ATM and Debit Card Access Money Market Accounts (Tiered Rates) A money market account is a dividend-bearing account designed for members with higher balances who want a higher rate of return with complete liquidity. A $1,000 minimum is required to open a money market account. • Dividends are calculated on average daily balance and paid at the end of each month • Six Withdrawals Allowed per Month Share Certificates Share certificates pay a higher rate of dividends, with varying terms • Terms Ranging from 3-84 Months • Dividends Withdrawn without Penalty • Low Risk Investment • Dividends Posting to Different Accounts Available • Withdrawal Penalties on Only Principle Amount Withdrawn Custodial/Student Share Saving Accounts They are designed to teach money management skills and to make saving money fun for members who are 18 years or younger. • Dividends Paid Quarterly on Average Daily Balance of $5 or more Club Accounts Holiday and Vacation Club accounts allow members to save for Christmas and vacation expenses in a separate account earning higher dividends than a standard share account. • Dividends are calculated on average daily balance and paid annually.
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