Alliance Financial Credit Union offers a variety of savings/investment services to help our member meet their financial goals. The following types of accounts are available at the credit union:

Regular share savings accounts
Our most basic savings account is our regular share savings account. This highly liquid account allows members easy deposit/withdrawal access without any limitations. A small $50.00 deposit is the only requirement and all members are required to maintain a regular share savings to enjoy the benefits of credit union membership. Deposits can be made through a variety of methods including electronic deposits, mail deposits, office visits, and/or payroll deduction. The account pays a competitive dividend (interest) rate which is paid quarterly and subject to change.

Club accounts
Club accounts are liquid investments similar to regular share savings accounts with no deposit/withdrawal limitations and no minimum balance requirements. Competitive dividends are paid on club accounts to help members meet their goals.

Share Certificate Accounts
are term investments which pay higher dividends. Unlike regular share savings and club accounts, Share Certificate Accounts are restricted from regular deposits and withdrawals. A wide variety of share certificates are available including a variety of minimum balance requirements ($500—$25,000.00), rates, and terms (3 months—60 months) to meet our members’ investment needs. Dividends may be deposited into credit union share savings, share draft (checking), share certificates, or mailed to members. Share certificates may be closed early but are subject to penalty. Members are reminded of upcoming renewals of share certificate investments and are allowed ten days after renewal to modify or withdraw the certificate.

Money Market Share Certificate Accounts
combine the convenience of liquidity while earning higher dividends. These accounts are available for a one-year term and a low minimum balance ($500.00). Additional deposits and withdrawals (minimum $100.00) are allowed with no limitations or penalties (assuming minimum balance is maintained) during the one-year term. After the one-year term is completed, all funds are available without penalty. Earn a competitive, variable, quarterly dividend. Similar to regular share certificates members are reminded of upcoming renewals and are allowed ten days after maturity to modify or withdraw the certificate.

Credit Union deposits are insured
All funds deposited in Alliance Financial Credit Union up to $100,000.00 per member are insured by the National Credit Union Administration, an agency of the federal government. No depositor has ever lost principle invested with the credit union. A deposit with Alliance Financial Credit Union is a safe and wise investment.