DEPOSIT ACCOUNTS
Century Credit Union has the tools you need to build a secure
future for yourself and your family. Let us help you develop
a smart savings plan so you'll be ready for just about anything
life tosses your way.
Take advantage of one or more credit union investment opportunities.
Your credit union accounts are fully insured to $100,000 by
the National Credit Union Administration, the federal government's
strongest deposit-insurance agency. Century Credit Union is
without a doubt the safest place for your money.
A variety of savings options are listed here. Select one
or more that fit your needs and the needs of your family.
Regular Share Account (Savings)
Just $50 (representing one share in the credit union) opens
your basic savings account, which has no service charges and
pays a competitive dividend on balances over $100. Members
who shop around have discovered that our dividend rates are
often 1/2% to 3/4% above the competition!
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Christmas Club
 Holiday
shopping is more fun than ever when you spend the money that
you've saved all year long. Your Christmas Club account will
earn quarterly dividends and grow throughout the year with
regular deposits made through payroll deduction, in person,
or by mail. This restricted account allows you to access your
funds without penalty between October 1 and December 31 each
year, and automatically renews for the next holiday season.
Setting up your Christmas Club account is as simple as letting
a Century staff member know, or completing a Payroll Deduction
form.
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The Next Century Kids' Club
Led by C.C., the Century Centipede, The Next Century Kids'
Club will teach children everything they need to know about
saving money early and spending money wisely. Our club members
receive their very own accounts so they can learn first-hand
how to manage their own finances. And we promise to make learning
fun!
Here is what the children in your life can look forward
to in The Next Century Kids' Club:
- Savings accounts (with easy-to-remember three-digit numbers)
opened with just $1.00. The child is the Primary Owner,
with a parent or guardian as Joint Owner. Gifts upon opening
a Kids' Club account include the Centipede savings bucket
and a Centipede passbook.
- Quarterly dividends earned on balances of $1.00 or more.
- Fun Centipede gifts for every fifth visit to the credit
union (for example, to make a deposit) and a very special
prize for the 25th visit. *
- Educational and amusing quarterly club newsletters.
- A birthday card from C.C. and the entire Century Staff.
- Four Centipede activities each year, giving club members
the chance to meet each other and have a great time.
- The opportunity for adults to use Payroll Deduction service
to make regular deposits into a child's account.
- And we're thinking of even more everyday.
If you would like your children to join The Next Century
Kids' Club and receive program benefits, just bring your child
in to complete a membership application (or contact
us to request an application by mail). Help us teach the
children in your life savings habits that will go a long way
toward securing their future. The satisfaction they receive
from doing business "just like Mom and Dad" is a
dividend that will pay out over a lifetime!
*To encourage children to learn about their accounts
by managing them directly, payroll deduction transactions
do not count toward the Centipede gifts. Children who live
too far away to visit regularly are encouraged to handle credit
union business by mail.
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Vacation Savings & Special Accounts
Planning to take the family on a spectacular getaway? Start
setting money aside now in a special account for your vacation.
A Century representative can help you set up a savings account
(separate from your regular shares) for any special need (such
as college or income tax), and you can still take advantage
of payroll deductions for deposit convenience. Dividends are
paid quarterly.
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Smart Savers
With Money Market Checking
Whether you’re already taking advantage of our Smart
Savers Account or you’re looking for an account with
a great return and high liquidity, you’ll be happy to
hear about our new Smart Savers Checks. 
Contact the credit union if you
would like Smart Savers Checks to access your money market
account. They’re great when you need to make larger
purchases or payments for items like tuition, down payments,
large appliances—just about anything over $250.
Smart Savers Accounts pay a higher yield than our regular
share account (check out our rates).
These accounts must maintain a minimum balance of $2,500 and
allow two withdrawals per month of $250 or more. If you would
like the convenience of checks to access this money market
account, contact the credit union for more information.
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Certificates of Deposit*
This investment option allows you to lock in a terrific rate
of return over a fixed period of time, and is a great place
to park funds that you won't need for awhile. You can put
your money to work for terms of 6, 12, 24, 36, 48, or 60 months.
Choose from regular certificates of deposit or IRA certificates,
which give you the added benefit of tax-deferred earnings.
(Advantage 55 members also earn a bonus of 1/4% on certificates.)
Current CD Rates
*penalty for early withdrawal
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Individual Retirement Accounts*
An IRA is one of the smartest investments you can make for
your future. Deposits may be made up to the limit set by federal
law, and all earnings are tax-deferred, which allows you to
make the most of those compounding dividends. Payroll deduction
makes contributing to your IRA practically painless. Best
of all, IRAs are separately insured to $100,000 by the NCUA.
*penalty for early withdrawal
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