Savings Accounts

Savings Accounts

Quaker Oats Credit Union offers several savings accounts to suit your needs. Each member is insured up to $250,000 by the NCUA (National Credit Union Administration).

Share Account/Saving:

  • Minimum of $5 to open a regular share account.
  • Dividends paid on balances of $100 and over.
  • Deposit and withdrawal upon demand without penalty.

Money Market Account:

  • Minimum of $2500 to open a Money Market Account.
  • Dividends paid on balances of $2500 and over.
  • Deposit and withdrawal upon demand without penalty.

Christmas and Vacation Club Accounts:

  • No minimum balance to open a Christmas or Vacation Club accounts.
  • Christmas Club money will be automatically transferred to regular savings accounts on November 1st every year.
  • $10 early withdrawal fee per withdrawal on Christmas Club accounts only.

LIFE Timer’s Club Account

  • The LIFE Timer’s Club is a savings account for members 55+ years old.

For a minimum balance of $1,000 you can get many benefits such as:

  • Free Liberty Checks (1 box a year)
  • Free Visa Gift Card (waive load fee of $2.50)
  • Free Cashier Checks
  • HIGHER CD Rates
  • LOWER Loan Rates