| Savings and Investment | Share Savings
A great way to start saving.
Share savings accounts are the most basic accounts we offer and
a great way to start saving. All of our share accounts pay quarterly
dividends when you maintain an average daily balance of $250 or
more. There are no monthly service fees for maintaining a share
account, and you can make deposits at any time through payroll deduction,
in person, through the mail or by transferring funds using MetroWeb
or MetroWeb Mobile.
Primary Share Account - By opening a primary share account,
you establish your membership in the credit union. We call it a
share account because the first $5 you deposit represents your ownership
stake in the credit union--one share. As long as you maintain at
least $5 in your Columbus Metro account, you are eligible to utilize
and/or apply for all the great products and services we have to
offer. Maintain an average daily balance of $250 or more throughout
the quarter, and you'll earn dividends at a competitive rate.
Secondary Share Account - Secondary share accounts allow
you to save for a specific purpose and keep those funds separate
from your primary share account. You can have up to four secondary
shares per account. Best of all, you can choose the name for each
secondary share you have--to help you remember why you're saving
in the first place! Like a primary share, a secondary share account
earns dividends when an average daily balance of $250 or more is
maintained throughout the quarter.