Effective February 1st, 2017: Par Value of a Share is $5.00
The Par Value of a Share is simply the minimum account balance required for a new member to open an account at the credit union, or for an existing member to maintain a membership at the credit union. On February 1st, this minimum balance requirement is dropping from $25.00 to only $5.00.
What this means for you, if you are...
...an existing member is that your available balance on your main share savings account will now reflect an additional $20 available to you. More money in your pocket!
...a new member you will only need $5.00 to open your main share savings account (i.e. Join the Credit Union). It is so much easier to become a member now!
If you have any questions about this information please do not hesitate to contact us!