The Credit Union offers savings accounts to help you save and plan for your future. All of our deposit accounts are Federally Insured by the NCUA up to at least $250,000.00.
Your share account represents your share of ownership in the Credit Union. This is the primary account for all members. It must have a minimum balance of $5.00 to be an active account. Dividends are paid quarterly and are based on the average daily balance in your account. Accounts must have a $100.00 minimum balance to earn dividends.
There will be a $10.00 “no activity fee” charged if your account balance is below $100.00 and has had no activity for one year.
If your account balance is over $100.00 and you have not had activity within 3 years, we will notify you. You will have to verify your balance and return the notice to the Credit Union or conduct a transaction on your account. If this is not done, the Credit Union is required by law to turn the funds over to New York State’s abandoned property division.
Persons 18 years and under can open a savings account with a deposit of $5.00.
AFGM Enterprises FCU also offers Christmas Club Accounts.
Our Share Draft Account offers you a convenient way to manage all your financial needs.
Visa Debit Cards are obtainable through this account. Overdraft Protection is available from your Share Savings Account. The Share Draft Account is offered to members who are at least 18 years old.
We will be enforcing our “Excessive Withdrawal Policy”. This means that accounts with less than $500.00 will be allowed 2 free withdrawals per month. There will be a $5.00 charge for each additional withdrawal.
Also, due to increased postage costs, we will be charging a $1.00 fee to have a check mailed out.