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Financial Services For Individuals & Families

Personal Savings Account and Benefits

A savings account (Primary Share) is your key to all the membership benefits of AGCU. Once you have a savings account, you have access to our many products and services including free checking, personal loans, and much more!

Here are some of the requirements in order to open and maintain your personal savings account:

  • The minimum to open a savings account is $25.
  • A $25 minimum balance is required.
  • 6 withdrawals are allowed per month. This does not include ATM or “in person” withdrawals.
  • Members must maintain a minimum balance of $100 to earn dividends.
  • Dividends accrue on the average daily balance and are paid quarterly.

View our current savings rates and contact us to open an account


CO-OP ATM & Shared Branch Networks

Withdrawing from your savings and checking accounts is an important part of any banking experience. AGCU’s membership with the CO-OP ATM and Shared Branch Network ensures that our members are able to access their funds whenever and wherever they need.

In order to serve our members nationwide and in more than 190 countries around the world, you have access to your money at nearly 30,000 surcharge-free ATMs in the United States and Canada and can make deposits to your account at over 9,000 deposit-taking ATMs through the CO-OP ATM Network. Plus, just like visiting an AGCU branch, members also have access to their accounts at over 5,000 Shared Branches nationwide through CO-OP Shared Branches.

 


Certificates of Deposit

A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time or a term. When you cash in or redeem your CD, you receive the money you originally invested plus any interest. Certificates of deposit are considered to be one of the safest savings options.


Money Market Accounts

Grow your savings faster and earn higher dividends with easy access to funds via money market accounts. There are many benefits to these types of accounts, and AGCU is happy to provide this flexibility and customized experience to our members.

Here are some of the ways money market accounts differ from other types of accounts:

  • With a money market account, you earn higher dividends than a regular savings account.
  • Free checks for easy access to your money are included.
  • You have 6 withdrawals with no fees per calendar month.
  • There is a $10 monthly fee if your balance falls below $2,500.
  • A minimum balance of $2,500 is required to earn dividends.

Health Savings Accounts (HSA)

If you have an HSA-qualified high deductible health plan (HDHP), you may be eligible to open a Health Savings Account. With an HSA, you can save money for medical expenses* while earning a high rate of dividends on the account.

Here are some of the benefits of an HSA account and how it differs from other types of savings accounts:

  • There are no monthly fees for an HSA account with AGCU.
  • You can access your money easily with a Free HSA debit card.
  • Contributions to HSAs are tax-free.
  • The balance in your HSA rolls over year after year. There is no “use it or lose it” rule, so you will not forfeit any accrued funds.
  • Money in your HSA account can be used to pay for qualified medical expenses for yourself, your spouse, and dependent children.
  • HSAs are portable. You can keep it even if you: change jobs, change medical coverage, become unemployed, move to another state, or change marital status.

For more information about HSAs (including annual contribution rates), visit the Internal Revenue Service HSA website.

*includes most medical care and services, dental care, vision care, and prescriptions


Individual Retirement Accounts (IRA)

Whether you’re interested in a traditional or Roth IRA or a Coverdell ESA, we can help you set up an account that fits your needs. An IRA is a great way to save for retirement. However, IRAs are not just for retirement anymore!

Annual contributions and withdrawal limits are set by Federal Law.

AGCU IRAs are federally insured up to $250,000 by the National Credit Union Administration (NCUA)  and contributions may even be tax-deductible.


Sub-Savings Accounts

Make it easier to save for specific things by adding a sub-savings account that can be created under your primary savings account number.

  • You can name each sub-savings account to match your specific need (e.g., Vacation, Furniture, School Expenses).
  • You can create multiple sub-savings accounts.
  • No minimum balance is required.

Christmas Club Accounts

The Christmas Club allows you to make deposits throughout the year in order to save for the expenses that come during the holiday season.

  • Dividends are paid regardless of the balance.
  • Balances are transferred to your primary share (savings) account in October.
  • Your account is automatically renewed and ready for you to start saving for the next year.

Each account is insured by the National Credit Union Administration (NCUA) to at least $250,000. Additional coverage of up to $250,000 per depositor for other types of accounts, such as IRAs, is also available. For more information about your account’s coverage, see the NCUA’s insurance estimator here or contact us. NCUA maintains one of the largest and strongest levels of financial reserves in America and is backed by the full faith and credit of the United States Government.

Contact one of our representatives today to open your account! Call (417) 831-4398 or fill out our contact form and we will reach out to you!

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