Member Share Savings Account
Every member at Interra has a savings account.
It represents your “share” of ownership in Interra because remember, you’re a member-owner!
- Low minimum balance of $51
- Earn a competitive rate
- No monthly service charge when conditions are met2
- Free ATM card
- Access to free electronic services
What is the minimum opening balance for a Regular Savings account?
There is a minimum of $5.00 to open a Regular Savings account, and you must maintain at least $5 in it while it’s open.
Can the APY change on a Regular Savings account?
Yes, all rates on Regular Savings may change at Interra Credit Union’s discretion.
Will Regular Savings members receive a 1099 at the end of the year reflecting dividends earned?
Yes, if applicable.
What is a Single Service fee?
Single service fee of $10.00 per month is accessed to members who only have a member share savings with an average balance under $250.00 and utilize no other qualified accounts or services. Services that do not qualify include, but may not be limited to, ATM card, e-Statements, Interra Connect, Online or Mobile banking, and safe deposit boxes. Members under age 23 or 62 and older are exempt.
1 Minimum balance to open and maintain the account is $5.00. 2 Single service fee of $10.00 per month is accessed to members who only have a member share savings with an average balance under $250.00 and utilize no other qualified accounts or services. Services that do not qualify include, but may not be limited to, ATM card, e-Statements, Interra Connect, Online or Mobile banking, and safe deposit boxes. Members under age 23 or 62 and older are exempt.
