A deposit account in SHCU offers the security of a federally insured investment, and a market rate
of return. Deposit accounts make a difference by providing home and small business loans to
families and businesses that otherwise wouldn't have access to credit.
Accounts are open
to individuals, nonprofits, religious organizations and foundations that are specifically
interested in the security of a federally insured investment, a good rate of return, and most
importantly, an investment with a positive community impact.
SHCU account services
Savings Account: Provides members a safe place to invest their money with no
minimum balance. Money Market Account: Offers members nationwide ATM access (no charge),
three checks per month, automatic investment, and electronic bill paying. ($500 minimum balance)
Certificate of Deposit: Self-Help Credit Union offers Childcare and Environmental CDs,
which specifically assist in their lending to childcare centers, community resources, and
environmentally friendly businesses. ($1,000 minimum; rates and terms vary) Individual
Retirement Accounts: Offers members an opportunity to plan for their retirement or establish
an education fund. ($25 minimum investment) Economic Development Deposits (EDD): Offers
members certificates at lower interest rates (0-2%). Specialized EDDs are offered targeted to
disaster victims and special needs projects.