Share Savings Account

Opening an Illinois Valley Credit Union regular share account with a minimum deposit of $25.00 entitles you to full membership and all credit union services. Because we are a financial co-operative financial institution, it is those funds saved by members that we loan to other members. This enables us to offer some of the best loan rates and competitive savings rates.

Dividends accrue daily and are paid quarterly on your daily balance, and you receive a quarterly statement. Deposits to this account may b made through payroll deduction, direct deposit, ATM, mail, or in our lobby.

Share Draft Checking Account
 
Our basic checking account is a great way to manage your finances and at the same time earn dividends that accrue daily and are paid out monthly. No minimum balance requirement, overdraft protection, ATM/Debt Cards, and direct deposit availability are just a few of the benefits of this account.
You can also order checks from an assortment of styles from both Liberty Check Printers and Clarke American.

Saving for a comfortable, secure retirement is more than just a good idea; it’s an absolute necessity. IRA’s are retirement savings accounts with special tax advantages. It is best to contact our office for details on how a credit union IRA can benefit you. (consult your tax advisor for tax advantages) We also offer the Roth IRA and Educational IRA. Call us today for further details on these types of special savings products.

This account is a great way to save for the holidays! Utilize payroll deduction and watch your balance grow. The account balance is transferred October 31st to your share account.

Make sure you have money for that summer getaway vacation by opening this type of account. The account balance is transferred April 30th to your share account.

Our newest special savings account is for those unavoidable annual real estate taxes. Dividend period begins June 1st and ends May 31st the following year. Funds are deposited to your share account that night. Payroll deduction is a great way to feed this account.

Having trouble building that nest egg for your retirement? Worry no more. The Payday Savers account is available to any member who has payroll deduction or direct deposit. You simply elect the amount from each pay to go to the account. You will earn a dividend much better than regular savings or money market accounts. Contact the credit union for an account disclosure statement. Start your Payday Savers account today; tomorrow will be sooner than you think.

You’re never too young to start saving and our kid’s club is a great way to begin that process. A quarterly newsletter is sent to the child and birthday greetings sent on that special day. Periodic contests also are available to all the youngsters. Open an account for your child today. You’ll be amazed how fast both the child and the savings grow.