Chattanooga Federal Employees Credit Union Savings
Regular Share Accounts
A deposit of $25 will establish your Share account and make you eligible for all the other services.
Dividends, based on daily balances, are posted to your Share account on the first day of the new quarter. Dividends are paid on balances of $100 or greater.
Special Share Accounts
To maximize your dividend potential we offer a higher dividend rate on amounts over $500.
A special 09 account can be opened with a minimum amount of $500 and will earn a higher dividend rate.
Once the balance reaches $10,000, an even higher dividend rate will be paid.
Christmas Club Accounts
Christmas Club accounts are designed for members who want a special Christmas savings account.
A minimum of $25 is required to open the account.
A penalty of $15 is charged for early withdrawals.
Disbursements are transferred to your checking account (or savings if there is no checking) in early November.