UKRAINIAN SELFRELIANCE OF
WESTERN PENNSYLVANIA
FEDERAL CREDIT UNION
PRODUCTS AND
SERVICES
Regular
Shares
Share Drafts
Share
Certificates
IRA
Savings Accounts:
A share account is like a regular savings account. This is the basic account and makes you eligible for the other credit union products and services. You earn competitive dividends. The minimum balance is $5.00. You earn dividends on all amounts in your account. Dividends are calculated on the Average Daily Balance and are paid quarterly.
The share draft account is your checking account. Unlike other financial institutions, there is no minimum balance or monthly maintenance fee. In addition, your account earns a dividend calculated on the Average Daily Balance and paid monthly.
Increase your earnings on savings by investing in a share certificate for terms of 6, 12 and 36 months. The minimum balance to open a share certificate is $1000.00. The dividends are compounded and credited quarterly until maturity. You can choose to post the quarterly dividend to your certificate, your regular share account or sent directly to you.
You can earn high dividends on an IRA account at the Ukrainian Selfreliance of Western Pennsylvania Federal Credit Union. This account allows you to defer taxes on your earnings until withdrawal. Contributions may be tax deductible in the year they are made.
Educational IRA Account:
Establish an
account to help pay for a child's future post-secondary education. These
contributions and earnings are tax free when withdrawn to pay for qualified
education expenses. Contributions of $500 per year are
nondeductible, but distributions are penalty free and tax-free.
Dividends
are the same as for traditional IRA accounts.
LOAN PRODUCTS: See Loan Rates Page
Your savings federally insured up to $250,000
National Credit Union Administration, a U.S. Government Agency
We do business in accordance with the Federal Fair Housing Law
and the Equal Credit Opportunity Act