No one can predict the future, which is why it’s important to prepare for the unexpected. At Hidden River Credit Union, we are committed to helping you become financially secure. By setting money aside, you’re giving yourself the flexibility to make financial decisions with less stress. Whether you want to build an emergency fund, plan for retirement, or save for a specific goal, you’ll find the Savings account you’re looking for at Hidden River Credit Union.

Piggybank

Regular Share Savings

Thanks to our competitive interest rates–the more you save, the more you earn!

Regular Share Savings offer the following benefits:

  • Minimum balance is $5.00
  • No monthly service fees for active accounts
  • Dividends compounded and paid monthly

Please note: You may not exceed six (6) transfers per month from a Regular Share Savings account per Federal Regulation D.

Father and daughter at the beach

Club Accounts

Are you planning a vacation, saving for Christmas, or preparing for tax season? HRCU makes saving easier with a specialized Club Account!

Club Accounts offer money-saving benefits:

  • No minimum balance requirement
  • Vacation, Christmas, or Tax Club options
  • Dividends compounded and paid monthly
  • Direct deposit, payroll deduction, and automatic transfer availability
  • Unless a check is requested, funds automatically transfer to Regular Share Savings per the schedule noted:
    • Vacation Club* – First week of July
    • Christmas Club* – First week of October
    • Tax Club* – Transfers or withdrawals limited to one (1) per month as requested

*Please note: Initiating a transfer/withdrawal request from a Vacation/Christmas Club Account before the next annual maturity date OR from a Tax Club Account more than once per month will incur a fee per transaction request. Click here to refer to the Miscellaneous and Other section of the Fee Schedule. If more than FIVE (5) transfer or withdrawal requests are initiated, the Vacation/Christmas Club Account may be subject to closure. Tax Club Accounts are not subject to closure.

Calculator

Money Market Accounts

A Money Market Account enables you to earn a higher rate of interest while maintaining access to your funds, unlike a certificate of deposit.

Money Market Account benefits include:

  • Minimum balance is $2,500
  • Up to three free transfers or withdrawals per month
  • Tiered rate levels offer higher rates for higher balances
  • Dividends compounded and paid monthly
Grandparents holding grandchildren

Individual Retirement Accounts (IRAs)

These specialized savings accounts allow you to set money aside throughout your earning years to help cover living expenses during retirement. Part or all of your contributions may also be tax-deductible, depending on your overall income and pension plan participation status. HRCU offers Traditional IRA, Roth IRA, and Coverdell Education Savings Accounts, all with no minimum account balance requirements or monthly fees.

Traditional and Roth IRA Account benefits include:

  • No minimum contribution or limit on number of deposits
  • Dividends compounded and paid monthly
  • Competitive interest rates
  • Freedom to access or move assets
  • Independence from employer participation
  • Flexible investment options and contribution amounts
  • Willable asset options

Coverdell Education Savings Account features include:

  • No minimum contribution or limit on number of deposits
  • Dividends compounded and paid monthly
  • Competitive interest rates

*Due to the complex rules affecting IRAs and the fluid nature of government regulations, members requesting specific IRA-related information should contact an HRCU member service representative. Please seek tax advice from a professional tax Adviser or accountant regarding tax questions. Transfer of any IRA type to another financial institution or closing of any IRA type will incur a fee from HRCU.

Split in road

Share & IRA Certificates

Start planning your future, make the right choice and open an HRCU Share or IRA Certificate. Share Certificates of Deposit (CDs) are share savings accounts that yield higher interest rates because the funds are inaccessible, without penalty, by the member for an allotted time frame.

HRCU offers the following features for Share & IRA Certificates:

  • Minimum account balance to open is $500.
  • Choose terms of three months, six months, one year, eighteen months or two, three, four or five years.
  • Dividends are compounded and paid monthly.
  • Competitive interest rates.
  • Penalties apply for early withdrawal.
  • At CDs maturity, the member will have seven (7) days to withdraw the funds without penalty; otherwise the CD will be renewed on the previous terms with the current rate.
People counting money

Jumbo Share & IRA Certificates

Make the right investment with your money and open an HRCU Jumbo Share or IRA Certificate. Jumbo Share or IRA Share Certificates of Deposit (CDs) are share savings accounts that yield a higher interest rate because the funds are inaccessible, without penalty, by the member for an allotted time.

HRCU offers the following features on Jumbo Share & IRA Certificates:

  • Minimum account balance to open is $75,000.
  • Choose terms of three months, six months, one year, eighteen months or two, three, four or five years.
  • Competitive interest rates.
  • Dividends are compounded and paid monthly.
  • Penalties apply for early withdrawal.
  • At CDs maturity, the member will have seven (7) days to withdraw the funds without penalty; otherwise the CD will be renewed on the previous terms with the current rate.

If you have questions about any HRCU savings accounts or if you would like to open an account of your own, please visit one of our branch locations or call us at (570) 622-3399. All accounts insured up to $250,000 by the NCUA.