Covenant Health Federal Credit Union

Share Accounts (Savings)

See Also: Payroll Deduction Form | Direct Deposit Form

Share (savings) accounts are the backbone of the credit union savings program. Dividends are calculated daily and paid quarterly. Your share account may be owned individually or with one or more joint owners. Deposits may be made in person, by mail, direct deposit or payroll deduction.

Christmas Club

CHCU Christmas ClubEarns dividends daily and compounds quarterly. Set up payroll deduction and your Christmas money is there for you with no worry or hassle. Your Christmas Club funds plus earnings are deposited into your share draft or share account in October each year. Accounts renew automatically.

Pace 55Pace 55

For our senior members. One of the most exciting times of your life is now and our Pace 55 Club offers many special benefits to make your life easier.

Special Savings

You may set up a savings account for vacation, school tuition, insurance, etc. Just sign a payroll deduction form and your money is waiting for you in your Special Savings Club Account when you need it. Dividends are paid the same as on regular share accounts.

 


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Saving Resources

  • Saving Rates
  • Savings Calulator