At PACE Resources Federal Credit Union we offer a Regular Shares Account, also known as a Savings Account, and we also offer Club Accounts to help you reach your savings goals.
When you open an account with PACE Resources Federal Credit Union you will automatically open a savings account. To open an account you must meet our membership requirements and have a minimum opening deposit of $5.00.
Money in the Regular Share Account can be accessed any time for withdrawals and dividends are credited quarterly.
Club Accounts are used to help you reach your savings goals. We have four different accounts listed below:
The Christmas Club allows you to save money for the most wonderful part of the year. Money can be transferred in or Payroll Deduction can be set up to help you reach your savings goals.
Dividends are credited at maturity and funds saved throughout the year will be transferred into your Regular Share account in the beginning of October.
Convenience Club Accounts are used to help you save for insurance premiums, appliances, or any other large purchases. You are allowed one withdrawal per quarter, or 4 withdrawals per year. Money can be transferred in or Payroll Deduction can be set up to help you reach your savings goals.
Dividends are credited at withdrawal.
Tax Clubs allow you to save money to pay school taxes, property taxes, etc. Money can be transferred in or Payroll Deduction can be set up to help you reach your savings goals.
Dividends are credited at withdrawal.
Save money throughout the year to help pay for that special vacation for you and your family. Vacation Club funds are transferred into your Regular Shares in April and dividends are credited at maturity. Money can be transferred in or Payroll Deduction can be set up to help you reach your savings goals.
VISA Clubs are used to help you save money to make your monthly credit card payment. Money can be transferred in or Payroll Deduction can be set up to help you save money for your monthly payment.