Club Accounts

Wish you had extra cash for holiday shopping or that much needed vacation? Well, now you can!

Plan your expenses and begin saving throughout the year with our Christmas and Vacation Club Accounts! Club Accounts are a designed specifically to help you save for certain expenses such as Christmas Shopping or a very much needed Vacation! Best of all, the money is ready at just the right time; when you need it! Club Accounts are a type of savings account where the balance is sent directly to your account at MyCU66 by Automatic Transfer or by Check; all just in time for that Christmas Shopping Spree or that awesome Family Vacation. All you need to do is let us know how much you want to save each week and when you will need the money and we will take care of the rest. So, sit back, relax and quit stressing because with our Club Accounts, the money will be there exactly when you need it!

 

Club Accounts termed savings account designed to curb spending habits and help you save for special occasions and large purchases. IBEW local 66 Federal Credit Union offers two different type of Club Accounts. These Accounts earn Dividends which are paid Quarterly directly to your Club Account. So, make some extra money while you save and Join a Club Today!

MINIMUM BALANCE TO OPEN: $10.00
MONTHLY MAINTENANCE FEE: NO MONTHLY MAINTENANCE FEE
EARLY WITHDRAWAL PENALTY: $10.00 to $25.00

Christmas Club

Want to go all out for Christmas this Year? Need to buy a special gift for that special someone? Our Christmas Club Accounts lets you do just that. By having weekly transfers, your money will be safe and secure and held for you until the date you choose. Simply tell us how much you want to transfer each week and we will take care of the rest! Then, when it’s time enjoy the rewards of your savings, we will deposit the money into your account without you lifting a finger! So, enjoy the convenience of Savings and be prepared to eliminate the Holiday Stress.

Union Club

Whether you're planning a vacation, wedding or saving for a down payment on a house; a Union Club Account can help you accomplish your dreams! By having weekly transfers, your money will be safe and secure and held for you until a date you choose. Simply tell us how much you want to transfer each week and we will take care of the rest! Then, when it’s time enjoy the rewards of your savings, we will deposit the money directly into your account without you lifting a finger! So, enjoy the convenience of Savings and watch your dreams come true!

Key Account Features & Benefits

  • No Monthly Maintenance Fee
  • Automatic Weekly Transfers from an account of your choosing (even at another Bank)
  • Set your own Term (from 6 to 60 months)
  • Maturity Deposit by Check or directly into account of choice at end of term
  • Earns dividend quarterly on qualifying balances

At IBEW LU 66 Federal Credit Union, we are committed to helping you to manage your Accounts and to help you avoid fees. To get a complete listing of fees, including examples of what can cause them, please ask a Member Support Representative for more information or visit our Truth in Saving Disclosure at www.MyCU66.org.