Savings

Reasons to Save

There are plenty of reasons to save: retirement, a child’s education, a special occasion, or just the security of putting away money for the future. Whatever your reason, Kerr County Federal Credit Union has a savings product that’s right for you. Our savings accounts, certificates, and IRAs offer competitive dividend rates and convenient features such as direct deposit and payroll deduction.

Payroll Deduction

When you establish payroll deduction at Kerr County Federal Credit Union, money is automatically deducted from your paycheck and deposited in your savings account or checking account or used to make loan payments. It’s an easy way to save or to ensure that you’ll never miss a loan payment.

Federal Insurance

The National Credit Union Administration (NCUA) provides insurance coverage of up to at least $250,000 for your Credit Union account(s). To learn more about the type of accounts and the total amounts that the NCUA may insure, visit this link directly to NCUA: https://www.ncua.gov/services/Pages/share-insurance.aspx.

Christmas Club Account

A Christmas Club Account is a smart and convenient method to save for the holiday season or any occasion.

Features included in the Club Account include:

  • Pay-out on November 1

  • A competitive dividend rate

  • No minimum balance required

  • Access through Home Banking, our internet account access system

  • Quarterly statement

  • Payroll deduction for convenient automatic deposits

  • Deposits at any branch or by mail

Please contact us if you have any questions about our Christmas Club Account, or click here for the savings calculator.

Money Market Accounts

You can open a Kerr County Federal Credit Union Money Market Account with a minimum deposit of $5,000. A minimum average daily balance of $5,000 is required to obtain an Annual Percentage Yield and a limit of six (6) withdrawals per month to avoid fees on your account.

Other features include:

  • A competitive dividend rate

  • Deposits at any branch or by mail

Please contact us if you have any questions about Money Market Accounts.