Savings Account Available at New Century CU

Savings & Certificates (click to see our specials!)
All NCCU accounts are insured to at least $100,000 and backed by the full faith and credit of the United States Government. NCUA, National Credit Union Administration, a U.S. Government Agency.

NCCU has several savings plans designed to meet the various needs of our members. The savings accounts are usually referred to as "share" accounts, which better indicates your membership in, and ownership of, the credit union.

Share Accounts:
Type 1 - Primary Share/Life Insurance: Interest is calculated daily, paid quarterly and also has a matching life savings insurance policy, which could increase the account value by a maximum of $2,000.

Type 2 - Primary 2 Share: Interest is calculated daily, paid quarterly and does not include life savings insurance, yet pays a higher dividend than Type 1.

Type 3 - Individual Retirement Account (IRA): Dividends are paid in the same manner as Types 1 and 2.

Type 4 - Roth IRA: Dividends are paid in the same manner as Types 1 and 2.

Type 5 - Educational IRA: Dividends are paid in the same manner as Types 1 and 2.

Type 7 - Uncertificate Account: Dividends are calculated on a daily basis and paid at the end of each quarter. There is a minimum of $300 required and a higher rate is paid when the balance exceeds $1,000.

Type 8 - Christmas Club Account: Dividends are paid in the same manner as Types 1 and 2. Funds are available for withdrawal November 1 through December 24 each year.

Type 9 - ExpandaChek Account: Dividends are calculated on a daily basis and paid monthly. You will receive a monthly statement for reconcilement purposes. (Please refer to the ExpandaChek page for more information.)