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A minimum of $25.00 must be maintained in your share account to remain a member. It is recommended that you establish a regular savings plan. This plan is not necessary to become a member, but is the best way to assure yourself of a better financial future. "PAY YOURSELF FIRST" is the motto we want our members to adopt.
At Med Park Credit Union, your share account is insured up to $100,000 by the National Credit Union Administration, a U.S. Government agency.
The credit union pays high dividends on savings, because unlike banks, it is not required to make a profit. Instead, earnings are paid to you, the shareholder. A dividend rate is declared quarterly by the Board of Directors.
Children's Accounts
Children can also be members of the credit union and have their own savings account. They earn the same rate of interest and payroll deductions may be set up as well. A minimum of $5.00 must be maintained for membership. Available to children 17 years of age and younger.Christmas Club
This special account can help you meet holiday expenses. Deposits earn the same dividends as share savings accounts. In October the Christmas Club money will be deposited to your savings account just in time for your Christmas shopping!Vacation Club
If you are planning a family vacation or just a trip to see a ballgame, this account helps you plan ahead. Great way to save for taxes, too! Vacation Club is deposited to member accounts in April.Sub-Share Savings
Create your own savings account.
