When you become a member of Fairfield Federal Credit Union
a savings account is opened in your name. An initial deposit
of $5.00 is required. All members must maintain a $5.00 balance
in their savings account to remain a member, and demonstrate
regular activity in their account to keep it open. Balance must be above $300.00 for dividends to be paid.
Other features of Regular Savings include:
- A competitive interest rate paid quarterly on the average
daily balance in your savings account. Click
here for current rate information.
- Withdrawals: To withdraw money from your savings account,
simply stop by a Fairfield Federal Credit Union location.
Members may make up to nine savings withdrawals per quarter
free of charge. After nine withdrawals in one quarter a
$5.00 charge per excessive withdrawal is applied. A closing fee of $5.00 will be charged if you close your account within 90 days of opening the account.
- Online access to your account.
- Quarterly statements by mail.
- Payroll deduction:
You may have deposits to your savings account deducted directly
from your paycheck.
- Life Savings Certificate of Insurance matching up to $2,000.00. Terms & Conditions apply.
If you have any other questions about regular savings accounts
at Fairfield Federal Credit Union, contact us. Click here for
the savings calculator.
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