|
Savings Accounts (Share)(Suffix 01)
A Share Savings Account is the gateway to Rutgers FCU membership. This is the
first account you open when becoming a member. It's called a Share Account because
it's your "share" of ownership in the credit union. It's also a convenient
way to save money and earn dividends. Simply deposit $25.00 to get started.
Membership
Application
Club Accounts
Rutgers FCU offers interest bearing Holiday, Vacation, and Me Club Accounts. You
may use payroll deduction or make payments at any time to your Club Account. The
funds are automatically transferred to your Savings Account for easier access
and renews for the following year. The following is a maturity schedule of the
Club Accounts:
Holiday: November 1st - October 31st
Vacation: May 1st - April 30th
Me: Member designated
Share Certificate Accounts
Looking for a worry free investment? Time deposit accounts offer premium dividend
rates with no risk to your principal investment, and you can get started with
as little as $500. You'll enjoy:
- 3, 6, 9, 12, 18, 24 month terms
- 3, 6, 9, 12, 18, 24 jumbo terms
Rates change weekly.
 Money Market Accounts
Our Money Market Accounts Work Hard & Pay You More!
Our high-yield Money Market
Accounts are a great way to
raise the return on your financial
investments. Put your money to
work and reap higher rewards!
High Yields & Easy Access
With a minimum deposit of only $2,000*, you
can earn higher dividends without locking into
longer-term CDs. You can make unlimited branch
withdrawals, so your money is always available
to you.
Daily Dividends
Dividends are earned and compounded daily, and are
posted monthly, as determined by the average daily
balance. If your balance drops below the minimum
amount required, no dividends will be earned until
your balance returns to the required amount.
Save More, Earn More!
Money Market Accounts are the ideal way to achieve
your savings goals. The larger your deposits, the
greater the yield – so it pays to maintain a higher
balance. The more you save, the more you’ll earn!
No Worries, Just Rewards
Your Money Market Account is insured to at
least $100,000 by the National Credit Union
Administration (NCUA), an agency of the U.S.
government. Your money is completely safe, so you
can just sit back and watch the dividends accumulate!
Put Your Money To Work Today –
Open A Money Market Account &
Start Saving!
To open a Rutgers FCU Money Market Account,
stop in and ask to speak to a Member Service
Representative, call us at: (732) 932-7645,
(723) 445-3050 or (973) 353-1353, or complete the
application and return it to us.
Rate Information
We reserve the right to change the dividend rates
for your Money Market Account, as determined by
the credit union Board of Directors. Rates are set
monthly but are subject to change without notice.
 Limitations
- $2,000 Minimum Balance Required To
Earn Dividends
- Unlimited Branch Withdrawals Per Month
- Overdraft Protection Does Not Apply To
Money Market Accounts
Money Market Account Tiers
$2,000 - $9,999
$10,000 - $24,999
$25,000 - $49,999
$50,000 and higher
*Minimum balance of $2,000 required for stated dividend. Minimum of
$25 required in Primary Savings.
|
