The PrimeWay Holiday Club account is set up to
help you save money throughout the year so you’ll be ready to shop
at holiday time. Deposits made to this account are distributed to you during
the first week of November each year. All but the initial $25 is distributed,
keeping your Club Account open for the following year!
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Your
savings in PrimeWay are insured up to $500,000. This
exceptional level of coverage is attained through a combination of federal
insurance provided by the National Credit Union Administration (NCUA) and
private insurance by the Excess Share Insurance (ESI) Corporation.
Click here for complete details.
Account Features
- Dividends compounded and credited monthly.
- The yearly distribution is transferred to your primary savings account
(unless otherwise arranged) on or after November 1st and the account
will remain open. *
- NCUA insured funds.
Details
Minimum opening balance
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$25 |
Minimum balance
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None |
Monthly service charge
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None |
Withdrawal fee
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None† |
Dividend-bearing** |
Yes |
Services
- 24/7 account access through NetLink (online), MemberLink (phone)
or worldwide ATMs.
- One Monthly statement for all your accounts.
- Member Financial Services for all your financial management services
- And more valuable member
benefits!
Transaction Limitations apply. If you withdraw any of
the account balance at any time, you will be charged a low fee of $5. You may make transfers or withdrawals in the first
seven (7) days after the account is opened without restriction. * *Dividends
are calculated on an average daily balance. Dividends are compounded and paid
monthly. Refer to your Rate Schedule for the current interest rate. If you
close your account before the end of the month, you will not receive
accrued dividends. †Money saved is distributed on November 1st every year.
Any other withdraws made out of the account will be subject to a $5 fee. |
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