A savings account at a credit union is generally called a share account.
Share account
You can open a savings account at any bank or credit union. There are online bank savings accounts, too.
depends on your bank/credit union
form_title=Credit Union form_header=How can joining a credit union benefit you? Better rates and fewer fees are just a few of the many reasons as to why. Have you used a credit union before?*= () Yes () No Are you looking to open a checking or savings account?*= () Checking () Savings Do you have any outstanding accounts with another bank?*= () Yes () No
One of the main differences of and investors savings bank, and a Credit Union is ownership. The members of a Credit Union are the owners of the bank, with every depoist into their account buying shares in the bank. A savings bank is directed by an elected board of directors, and usually deal with real estate financing.
A savings account at a credit union is generally called a share account.
Share account
You can open a savings account at any bank or credit union. There are online bank savings accounts, too.
The average rates for a regular savings account at Park Community Federal Credit Union is 0.11%. This information can be found on Park Community Federal Credit Union's website.
Credit Union have a savings plan where the amount of interest earned is dependant on the amount of money being saved. Further information can be found on the Credit Union website.
what is a chekcing account at a credit union
depends on your bank/credit union
At a credit union, you can have checking, savings, money market, etc. just like you would have at a bank. One difference is that credit unions are owned by its members (account holders), rather than stockholders.
Kootenay Savings Credit Union was created in 1969.
Kootenay Savings Credit Union's population is 250.
form_title=Credit Union form_header=How can joining a credit union benefit you? Better rates and fewer fees are just a few of the many reasons as to why. Have you used a credit union before?*= () Yes () No Are you looking to open a checking or savings account?*= () Checking () Savings Do you have any outstanding accounts with another bank?*= () Yes () No
If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.