Saving money is the ticket to many of the the things
you want in life. Saving regularly lets you enjoy
the good life - not just dream about it!
At Vigo County Federal Credit Union, we offer a
wide variety of savings accounts so you'll find a
savings plan for most every budget and every goal.
Please be sure to check our Savings
Rates to see why you should keep your money
at Vigo County Federal Credit Union.
Share Plus Savings Checking Accounts Holiday Club
Accounts Share Certificates Individual Retirement
Accounts Select a Vigo County FCU Financial
Share Plus Savings
Our Share Plus Savings account earns dividends calculated
on the daily balance in the account. Dividends are
paid and compounded at the end of every month. There
is a $50 minimum deposit.
As a not-for-profit financial cooperative, your
Credit Union is able to pay highly competitive dividends
on all our savings plans. As a federal Credit Union,
we're insured by the National Credit Union Administration,
a thriving federal fund that backs each Credit Union
account up to $250,000.
Find out why so many members are saying we're the
smartest, safest place to save!
Checking Accounts that Make Sense
of getting hit with high fees on your checking
account? Vigo County FCU's checking account is
with our members in mind. With our Share Draft
Checking Account you can save money on high service
fees and enjoy convenient features!
- No service fees
- Earn dividends on days when account balance is
at least $2,000.
- Dividends are posted monthly
- Unlimited check writing capability
- Duplicate copy of each check you write
Holiday Club Accounts
Nothing takes the hurry and flurry out of holiday
planning like being prepared. Open a Holiday Club
Account and you won't have to cut your holiday plans
short because you're short on cash! Payroll Deduction
makes saving for the holidays extra easy. Sign up
for a Holiday Club Account once and each week the
designated amount will be deducted from your paycheck.
There's no need to come into the credit union and
no pass-book to worry about.
In addition to the amount you deposit, you'll receive
a dividend at the end of the cycle based on the amount
of money you have saved.
The money in your Holiday Club Account is automatically
transferred to your checking or savings account every
October 31 giving members plenty of time to take
advantage of pre-season bargains.
While the Holiday Club Account can be opened at
any time, there is a small $10.00 fee to close it
before November 1 of any year.
Remember, the sooner you start, the more you'll
save! Sign up at the Credit Union today.
Save with our Share Certificates
Vigo County Federal Credit Union offers share certificates
in terms ranging from three months to five years.
You may receive your earnings monthly by check, transfer
your earnings to another account, or compound the
earnings back to the certificate.
Penalty for early withdrawal is a 90 day loss of
earnings. Minimum deposit is generally $500.
Jumbo Share Certificates are available on deposits of $25,000 or more.
All certificates have an automatic rollover at maturity
Individual Retirement Accounts
Individual Retirement Accounts are important for
a smooth transition into your senior years. Vigo
County Federal Credit Union offers several types
of IRAs to meet your long range financial needs:
This IRA allows you to make routine deposits at any time. Save until the balance
in the account has reached the point you can transfer it into an IRA share
certificate. Payroll deduction is a safe and easy way to accumulate funds
in an IRA Deposit Account.
One of the most exciting opportunities available, the Roth IRA offers the opportunity
for tax-free earnings and withdrawals for retirement and other important
goals. The Roth IRA is a five year certificate. Distributions are penalty
free and can be made at any time of the share certificate term.
IRA Share Certificate
The IRA Share Certificate has a three year term. Distributions are penalty-free
and can be made at any time of the share certificate term.
The new Education IRA is a great way to save for future education expenses
because it offers tax-free earnings and withdrawals for higher education
expenses. Contribute up to $500 per year, per child (under age 18) into an
Education IRA. The Education IRA is a deposit account and earns monthly dividends.
Young Members Club
Open to any young saver through age 12. When the
Young Members Club account is opened, the young member
receives a special membership card and a Young Members
Club bank. When their savings account balance reaches
$100, they will be eligible to visit the Treasure
Chest to choose a gift. Each time their savings account
balance reaches another $100 level, they can visit
the Treasure Chest again! What a great way to reward
that youngster in the family. Our Young Members Club
helps them learn the importance of saving money by
giving them a little reward when they reach those
Bring in your young saver and open a Young Members
Club account today. Let us reward them for being
one of our exclusive Young Members Club account savers!