Share Management Account

The Multipurpose Account That Helps You Manage Your Money Better.

The name of our Share Management Account reflects your status as a member and co-owner of our financial cooperative. Unlike other financial institutions, where you're merely a depositor or borrower, at the Credit Union you're a member, a shareholder.

Use it for all it's worth:

• Direct Deposit: Authorize the automatic deposit of your pay, pension, royalties and recurring payments like social security, stock dividends, etc. Direct Deposit is simple, safe, and economical. You can also authorize automatic allocations of Direct Deposits to your other accounts or accounts of family members.
• Personalized Checks: For traditional payments by check, we suggest you use duplicate checks that create a carbonless copy each time you write out a check, for easy record keeping. Click here to view check designs.
• Overdraft Protection: Sign up for overdraft coverage from another account and/or from your credit lines for the peace of mind and convenience of automatic protection.
• Preauthorized Payments: You can authorize automatic direct payments from your SMA through the ACH (Automated Clearing House) for recurring items like mortgage payments, health club dues, etc. Give our Routing and Transit Number --221981063-- to the firm you want paid.
• Check Card Services: For convenience and cash access, ask for a Credit Union Visa Check Card. It looks like any other Visa card, and is just as readily accepted, but it works like a plastic check. Use it for cash advances and for purchases with the added bonus of Purchase Security and Extended Warranty Protection, $250,000 Travel Accident Insurance, Rental Car Collision Damage Waiver Insurance, and .5% Rewards Rebate on all qualified purchases. Transactions will be charged to your SMA; if your balance is low, charges will have the same Overdraft Protection as your checks. No annual fee. No finance charge unless you access a loan through overdraft coverage. What's more, your Check Card doubles as an ATM Card at ATMs and POS (Point of Sale) locations.
• ATM Access: With your Credit Union Check Card and PIN (Personal Identification Number), you can withdraw cash, transfer funds, and check your balances at most network ATMs (Automated Teller Machines) nationwide and even overseas. (The most favorable exchange rate for local currency overseas is through an ATM.) Sign up for cards for your joint owners, too.
• DIAL-UP and eBranch: DIAL-UP Audio Response and eBranch are at your service around the clock seven days a week for information, instructions, rates and account balances; for confirmation of deposits, payments, cleared checks, ATM withdrawals, transfers and card transactions; and for portfolio review, as well as other specialized functions.
• Electronic Transfers: By signing up for telephone and internet transfers, you can use DIAL-UP and eBranch to transfer funds between your SMA and another account or loan.
• Web Bill Pay: Pay anyone, anytime, anywhere in the domestic U.S. from the comfort of your home or office PC. No checks to write or postage to pay.
• eStatements: Retrieve your monthly statements online. No need to wait for your Credit Union Statement in the mail. An email notification is sent monthly.

More Benefits In addition to these special features, your Share Management Account provides the following benefits:

• Federal Insurance Protection: Your savings are safe. Member savings are federally insured to $100,000 by the National Credit Union Administration, a U.S. Government Agency.
• Daily Dividends: Dividends are compounded daily from the day of deposit to the day of withdrawal on your full collected balance, and posted monthly. Collected balances are cash or deposited checks for which the Credit Union has actually received credit from the Federal Reserve System. Balances up to $2,000 earn a specified base rate, while balances over $2,000 earn a higher money market rate.
• Statements: Statements are normally issued quarterly, but accounts with EFT (Electronic Funds Transfer) activity receive a monthly statement.
• Check Storage: Paid checks are microfilmed as a permanent record and held in safekeeping. This system eliminates the need for returned checks, although it's always possible to obtain a copy for a small fee if you need it.
• Special Services: For a small fee, you can request special services such as Stop Payments or Certified Checks.
• Automatic Loan Payments: Your loan payments are made by automatic transfer from your SMA. No need to remember due dates, no checks to write, no stamps, no envelopes.

Encore Checking: If you need a separate checking account in addition to your SMA, for a special purpose, open an Encore Checking Account. It offers all the benefits of an SMA except automatic loan payment transfers. Call for information.

Savings Plus & Club Accounts: If you prefer a separate account for savings, consider a Savings Plus for long-term systematic savings or Club Accounts for short-term goals. Both pay a higher dividend than the SMA because withdrawals are limited. Or invest in Certificate Accounts that reward you with higher dividends for longer terms.