Regular Savings
Start saving to go beyond ordinary and open a world of opportunities.
Go Beyond “Good Enough”
Our Regular Savings is not just savings, it’s your key to membership at Meridia–which turns into the key to your new car, the key to your new home, and, ultimately, the key to living well.
Everything has to start somewhere. At Meridia, we start with the basics and help you build upward. Just a $5 deposit to become one of us: smart people making wise financial decisions.
Benefits
- Safety: Federally insured by NCUA.
- Membership: Establishes your membership at Meridia with a minimum deposit of just $5.
- Save for a Rainy Day: Have funds available if you fall on hard times.
- Grow Your Wealth: Earns dividends starting with the first dollar!
- Convenience: Deposit into your Savings Account via cash, transfers, payroll deduction, or electronically.
“I started with my Meridia savings account when I was a junior in high school. Now, I added an auto loan and a checking account and wouldn’t even consider going anywhere else to do banking. Meridia just does it better.”
–– Dave C.
Additional Information
Open the Door to Other Products & Services
A savings account opens the door to all of Meridia’s products and services, including checking, loans, secondary savings, and our awesome GoOnline and GoMobile technologies.
Rates
| TERMS | APR | APY |
|---|---|---|
| Balances $1 and greater most accounts; minimum balance may apply*. | 0.30% | 0.30% |
APY = Annual Percentage Yield. For Club Accounts, withdrawal fees apply if withdrawals are made prior to the club disbursement date. Minimum Balance is $5.00 for Regular Shares. |
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Calculator
The accuracy of our calculators and their applicability to your circumstances are not guaranteed. You should consult with a qualified professional regarding your particular circumstances.
Fees
| DESCRIPTION | FEE |
|---|---|
| Transfers in excess of 6 per mo. | $3 each |
| Non-Sufficient Funds | $29.99 per item |
| Other fees may apply. | |
Frequently Asked Questions
Are savings deposits insured?
Yes. On July 22, 2010, the $250,000 federal insurance protection became permanent. Properly established member accounts in federally insured credit unions are insured up to the Standard Maximum Share Insurance Amount (SMSIA). The basic insurance amount is $250,000 per individual account holder, per federally insured credit union. This includes principal and posted dividends up to a total of $250,000. Joint account holders are insured up to $250,000 per joint account holder, per federally insured credit union. For example, an account with two joint account holders is insured for $500,000 separately from the holders’ individual accounts. This includes principal and posted dividends. Individual retirement accounts (IRA) and KEOGH accounts are insured separate from other accounts and up to $250,000 per institution, including principal and posted dividends.
Can a Regular Savings account be closed if I still have other services (checking, visa, loans, etc) open?
No. The savings account is what makes you a member, a shareholder in the credit union. It must remain open for you to have other services with us and only requires a minimum balance of $5.
Can an automatic deduction come from either a savings or checking account?
Yes. To set up an automatic deduction you will need our routing number (222380731) and your member number when associated with your savings account, or the 14-digit MICR number associated with your checking account.
Go Beyond Ordinary, Start Saving
Saving and earning interest on your money will help you create the financial freedom you want for yourself and your family.