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Savings & Deposits
"Building lifetime member relationships as a trusted financial partner." Share/Savings Club Accounts Pet & Sub Share Accounts Insured Money Market
ICCU Deposit Accounts Please review ICCU's deposit rates and account offerings to see which products will help meet your financial goals best. Feel free to ontact ICCU for any assistance you may require. Membership Club Accounts Money Market Certificates Membership Savings (Regular Shares) As a member-owner, you can use the services of the cooperative and take advantage of outstanding rates and low-cost financial products. You also have voting privileges at the Annual Membership Meeting held each spring to elect the governing (volunteer) Board of Directors. This is yet another area where credit unions differ from for-profit financial insitutions, like banks...ICCU has volunteer board members, not paid stock-holders, and each member in good standing has a voice and a vote! Please review ICCU's Field of Membership information to see if you are eligible. Then, proceed to the nearest credit union office with valid picture ID to get started. Small businesses and organizations may also join ICCU, if at least one of the signers is a already a member. Please review the special rules for business accounts for more information.
Club Accounts - No minimum balance required! "You Name It" Account: With "It'sMe247" ICCU's free online account access program, you can RE-NAME your club and regular accounts to anything you wish. For example, you could call one your "get-away account," "college fund," "spring break fund" or "Paris holiday." It's your account, and with "ItsMe247" you can choose to call it whatever you want!
There are times you just want to tuck money away that is earmarked for a specific purpose. Instead of having to open a new, separate account, ICCU gives members the opportunity to open sub-accounts. This way, you can have a separate place to save money for taxes, insurances, or any other reason you may have, while still having just one, simple-to-read statement and account number to remember. There is no minimum balance required to open or maintain a sub account at ICCU. Pet Sub-Saving Account  Pets are a significant part of many families. They can also use up a significant portion of your savings caring for hem. To save for vet bills, shots, general pet care or pet insurance, consider opening an ICCU Pet Sub-Savings account. You can open a Pet Sub-Savings Account under your existing account. This type of account is called a "sub account" and there is no minimum balance or withdrawal penalties. Also, if you pay a pet insurance premium, it can be automatically deducted from your Pet Sub-Savings Account. . Dog Bones: ICCU gives free dog bones to its four legged friends who visit the drive-thru's at BOTH locations. One member told us that "his dog made him come to ICCU" that day.
Insured Money Market Savings The Insured Money Market Savings Account is designed to provide a fully insured* investment option for larger deposits. Interest is compounded and credited monthly, with competitive rates assigned at the beginning of each month. The tiered rate structure allows you to earn increasingly more as your balance grows. Although the Money Market Savings is not designed to be a transactional account, you are able to access your funds when needed, without penalty. Please review the Truth-In-Savings Disclosure for more details. *Your savings federally insured to $250,000 and backed
The interest on both regular and Individual Retirement Account (IRA) certificates compounds (pays) monthly. The minimum deposit is $500. You may either have your interest left in the Certificate, which increases your earnings to the quoted Annual Percentage Yield (APY), or have the interest transferred monthly to an ICCU savings or checking account. If you choose the latter, your yield will be the same as the interest rate (APR) quoted. Click here for information on: Certificate Rates Home Apply/Bank Online Rates Contact Us
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As a not-for-profit finanical cooperative, your credit union works hard to offer the very best rates available on your deposits. We recognize that it is your deposit that helps the credit union function. When you make a deposit with ICCU, we are able in turn to make a loan to a deserving member/owner. When you need a loan, the deposits of other members can help you. In this way, ICCU is truly about "People Helping People!"
ICCU's Christmas Club account allows you to save money all year long, either through direct deposit, payroll deduction, or in person. On November 1st the balance is automatically transferred to your base share/savings account for holiday spending needs. If using direct deposit or payroll deduction, savings automatically continues after November 1st toward the following year. To encourage you to leave the money in the account until November 1st, there is a $5.00 penalty for early withdrawal. 
The Vacation Club account is designed - as the name suggests - to help you save for vacation expenses. You can use it, however for ANY type of saving like insurance, taxes or saving for a new car. You can save through direct deposit, payroll deduction, or in person. Like all club accounts, there is no minimum balance. Dividends are paid on balances of $100 or more. There are no withdrawal penalties. The funds are yours to access whenever you need them. 
If you are looking for a SAFE investment option, with competitive earnings, ICCUs Insured Money Market Savings Account is a great option!
Certificates of Deposit (CDs) allow you to earn a guaranteed rate of interest for a specified period of time (called the "term"). Because you are agreeing not to touch that money for the term of the certificate, you typically earn a higher rate than you would in a regular deposit account or money market. You can generally assume "the longer the term, the higher the rate." There is however, a penalty for early withdrawal. 
