SHARE SAVINGS ACCOUNTS
Share
Savings The minimum deposit to open this account is $5.00.
The money in your share account earns dividends based on the lowest
monthly balance. Dividends are earned from the time of deposit and paid
on the first of the following month.
Money
Market The funds in a money market account can earn a higher
dividend rate by maintaining a minimum balance of $2,000.00. The difference
between a share account and a money market account is that the minimum
amount of $2,000.00 must be maintained to earn the disclosed annual
percentage yield.
Share
Savings & Money Market Rates
Accounts for Revocable Trusts are
available at Del Norte Credit Union. Various options of this service
are available that provide for the fiduciary relationship involving
three parties, whereby one party (settlor, grantor) transfers property
to a second party (trustee) and such second party has responsibility
for managing that property for the benefits of a third party (beneficiary).