Share Accounts

By: Eric Rich  09-12-2011
Keywords: credit union, Holiday Account

Share Account

A Share Account, also referred to as a savings account, provides a safe and secure way to reach the savings goals that you've established and and still have complete access to your funds when you need it.

In order to become a members of First Priority Credit Union, you must deposit and maintain a balance of $25.00 in a Share Account, which provides to you one share ownership in the credit union and makes you eligible to receive all the benefits of membership.

Vacation Account

You work hard every day of the year, at home, at work in everything you do.  So, when it is time for vacation you deserve to treat yourself for a job well done.  Begin each vacation with unlimited possibilities by opening a Vacation Account and start saving while you plan your dream get-away. 

Vacation accounts can be opened at any point during the year and the funds from the account will automatically disburse around June 15th of each year.

Holiday Account

Holiday parties, visitors from out of town, gifts for all..each holiday season brings joy to every heart and the squeeze to every wallet.  With a holiday account you can save to cover your holiday spending needs and take some of the stress out of the season.

Holiday Accounts can be opened at any point during the year and will automatically transfer to your Share Account around October 15th each year.

All-Purpose Account

Sometimes your need for extra funds doesn't fit the schedule of a vacation or holiday account.  Perhaps your real estate taxes are due quarterly, your car insurance annually, your tuition payment in July, or the month you prefer to take a vacation is February. 

The benefit of an All-purpose account is that you choose the month you want your funds to automatically transfer to your Share Account.  


The information in this article was current at 06 Dec 2011

Keywords: credit union, Holiday Account

Other products and services from Eric Rich


IRA Certificates

Roth IRA contributions are not tax deductible, but if funds are disbursed in a "qualified contribution" then it would not be subject to federal income tax or subject to the IRS early distribution penalty. Educational Savings Account Certificates are designed to assist saving specifically for the higher education expenses of a designated beneficiary.


FA$TCA$H Deposit

Simply log onto online banking.


Share Certificates

If you are looking to maximize your earnings and are willing to invest for a specific amount of time, then a Share Certificate is a great investment instrument for you. Simply choose a term that will provide the highest Annual Percentage Yield while allowing access to funds when a need is anticipated. Call 800-949-7628 and a credit union representative can assist you in openting a Share Certificate, or answer any questions you may have.


Share Draft Account

If you want to earn a higher rate of interest than a typical Share Draft Account Money Market Account would be another option. These additional benefits for those with direct deposit of net check make FPCU's Share Draft Account even better. FPCU's MasterMoney Debit Card will provide access to funds in Share or Share Draft accounts at any ATM. A checking account that is simplicity at its best -- no minimum balance, no service fees.