Accounts

SAVINGS ACCOUNTS

A minimum deposit of $25 is required to open an account. This initial deposit remains in the account for as long as you are a member. Dividends are declared monthly and paid monthly on the average daily balance. Six Free Withdrawals (including transfers) are permitted per month. If you exceed 6 withdrawals per month, there will be a fee assessed per withdrawal on the last day of the month. Statements are mailed quarterly.

If you close your account before the end of the month, then no dividend will be paid.

CU Saver Kids Account

CU Saver Kids accounts are for children ages 0-13 years of age. A minimum of $25.00 is required to open an account and we require at least one adult (parent, grandparent, aunt, uncle or guardian) to be joint -owner(s) on the account. There are (6) free withdrawals permitted per month. If you exceed (6) withdrawals per month, there will be a fee assessed per withdrawal on the last day of the month. (No Dormancy Fees) Each child will receive a CU Saver Kids Account Kit upon opening an account. Statements are mailed quarterly.

***When the child turns 14 years of age, the account will be converted to a Regular Share Account and no longer be a minor account. (Dormancy Fees will apply).

Christmas Club Accounts

A minimum deposit of $3.00 is required to open an account. It earns a higher dividend than the regular Share Savings. Only one withdrawal is allowed per 12 month period. Unlimited balance allowed. We currently have a Christmas Club Special that earns 2.10% on up to $5,000.00, (Deposit amounts over $5,000.00 will earn dividends at the standard rate). Club disbursements for 2019 will be made on Wednesday, November 6th.

Share Certificates

Open with a minimum balance of $1000.00. We have three terms available: 6-Months, 12-Months and 24-Months. There is a 90-day dividend penalty for early withdrawal of any Share Certificate.

Click here to review and print our New Account Disclosures.

At White County Federal, we are absolutely committed to the protection of your funds. Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government, by the National Credit Union Administration, an agency of the federal government.

CHECKING ACCOUNTS

White County Federal Credit Union has three types of Share Draft Checking Accounts available for members to choose from.
They are as follows:

Regular Share Draft Checking

  • No Minimum Balance Required ($1.00 initial deposit to open)

  • No Monthly Service Charge

  • Unlimited Check Writing

  • Free Debit Card

  • Free Online Bill Pay

Preferred Checking

  • $300 Minimum Deposit

  • Dividends paid monthly

  • Dividend Rate 0.10% APY

  • A $300 daily balance must be maintained to earn dividends. If the balance falls below $300.00, a $10.00 fee will be assessed.

  • Free Debit Card

  • Free Online Bill Pay

White County 55 Checking

  • Only for Members 55 years +

  • $500.00 Minimum Deposit

  • Dividends paid monthly

  • Dividend Rate 0.15% APY

  • A $500 daily balance must be maintained to earn dividends. If the balance falls below $500.00, a $10.00 fee will be assessed.

  • Free Debit Card

  • Free Online Bill Pay

Various checks styles are available.
Draft/checks will not be returned to the member in their monthly statements.
These accounts are for individuals only. No business accounts are offered.

Dividend Rates are determined and subject to change periodically by the Board of Directors.
The APY is accurate as of 08/01/2012

APR = Annual Percentage Rate
APY = Annual Percentage Yield

**Fees or Penalties may reduce the APY earnings.

For the most accurate and up-to-date rates, please contact WCFCU.