|
Savings products
Fannie Mae Federal Credit
Union offers you a variety of savings options to help you manage and increase
the value of your hard-earned money. Dividend rates paid are dependent upon
the credit union's net earnings and may vary from quarter to quarter.
 Share savings accounts
Share savings accounts are regular savings accounts. Your membership in
Fannie Mae Federal Credit Union is established by depositing a minimum of
$60.00 in a share savings account. Once you have a share account, you are
eligible to take advantage of any of the other services offered by the credit
union.
Dividends are computed and earned from the
date of deposit to the date of withdrawal. Dividends are paid and compounded
quarterly. You will receive a quarterly statement detailing activity on your
share savings account.
Share draft checking
Fannie Mae Federal Credit Union offers no-fee and dividend-earning checking to its members
through share draft checking. There is no minimum balance and you earn
dividends on your funds no matter how much you have in your account. In
addition, your first 50 checks are free. Overdraft protection for share draft
checking accounts is available to eligible members in the form of a line of
credit.
Holiday Savings Club
 Save throughout the year for your holiday purchases with our Holiday
Savings Club. Make deposits as you wish, or fund your account automatically
through direct deposit.You will earn dividends
at the share savings account rate, and receive your funds in October.
Share certificates
Fannie Mae Federal Credit Union offers share certificates for terms of six
months, one year, and two years. Our certificates are available for a minimum
investment of $500. Please contact us for rate
information.
Individual Retirement
Accounts (IRAs)
Build up your retirement savings with an IRA from the credit union. An IRA is
a personal retirement plan. All dividends
earned on an IRA are tax-deferred. Both IRA share accounts and IRA share
certificates are available. Contact us for terms
and rate information.
CU Home | About
us | Membership | Savings
products
Loans | Visa Check and credit
cards | Convenience services
Rates/Fees | Want to volunteer?
| Chairman's Corner | Contact
us
|
|
|
|
|
Your savings insured to $100,000
by NCUA.
|
|
The Fannie Mae Federal Credit Union does business in
compliance with the Federal Fair Housing Laws and the Equal Credit
Opportunity Act.
|
©1999-2008 Fannie Mae Federal Credit Union. All Rights
Reserved.
|
