Share Accounts

Share : Share Accounts (Savings Accounts)

To join FWCCU you need to open a Regular Shares Account (Membership Account). Your share account establishes your credit union membership. After opening your Regular Share account you qualify for all benefits available to our members. You can open your membership account with $25.00 (which represents one share). The share account pays dividends at the end of each quarter and is based on the average daily balance. The dividend rate is set by the Board of Directors and is based on the performance of the credit union during the quarter. Four (4) free withdrawals are allowed each month before an excess withdrawal charge of $5.00 for each excessive withdrawal. This is a federal regulation that differentiates savings accounts from transaction accounts like a checking account.

Payroll deductions, direct deposits and automatic deposits are available with this account.

Check out our home page to see if you qualify for our field of membership.

Special Club Accounts

Special Club accounts is another type of savings account offered by FWCCU. Saving money for special occasions, setting aside money each payday for that much needed vacation or maybe your planning a special event and you want to keep funds separate from your regular shares, this is the account for you. Dividends are paid at the end of each month based on the average daily balance. No minimum balance is required, unlimited withdrawals without fees and payroll deductions, direct deposit and automatic deposit are available for this account.

Christmas Club Accounts

Saving money for the holidays is made easy with a Christmas Club account. Payroll deduction, direct deposit and automatic deposits are available with this account, making it easy to save funds for holiday spending. A check for the balance of the account will be issued on the first business day in November and mailed to you. The account will remain open so you can began saving again for the next holiday season. Dividends are paid at the end of each month and based on the average daily balance. No minimum balance is required. A $10.00 early withdrawal fee is charged for any withdrawals prior to the first business day in November.