To become a member of Forsyth County Employees' Credit Union, you must open a REGULAR SHARE Account.

Minimum Deposit: The minimum amount required for a REGULAR SHARE Account is $50.00. To remain a member in good standing and to use the services and other accounts of the Credit Union, a member must keep the REGULAR SHARE Account open with a least $50.00 on deposit in this account. The $50.00 minimum  must remain on deposit until all loans are paid.

Interest paid on savings by the Credit Union is called dividends.

Dividend Rate: The dividend rate paid is determined by the Board of Directors based on Credit Union earnings and is subject to change quarterly. Dividends are computed on the daily balance, compounded, and paid quarterly. No dividends are paid on closed accounts.

Charges and Fees: There is a $1.00 charge to open a REGULAR SHARE Account. Two withdrawals per month are allowed on the REGULAR SHARE Account after which there is a fee of $1.00 per withdrawal.

Minimum Withdrawal: Minimum withdrawal amount is $25.00. All withdrawals are paid to members by check. The Credit Union does not have any cash for withdrawals. Checks may be cashed at Wachovia Bank located across the intersection from the Credit Union.

Payroll Deduction: Payroll deduction is available to actively working employees of Forsyth County, Center Point and Airport Commission. A payroll deduction of at least $10.00 per pay period may be used in lieu of a $50.00 deposit when opening a REGULAR SHARE Account.

Statements: Statements are printed and mailed quarterly. Included on the statements are balances, dividends paid, fees or charges and transactions. REGULAR SHARES are listed under "Shareno" as S-0 on your statement. Members may use the FCCU24 Voice Response system for current information on their accounts.

Loans: Funds deposited into REGULAR SHARE Accounts may be used as collateral on Credit Union loans. Rates on Share Secured loans are lower than other types of collateralized and unsecured loans.

Holiday Share Accounts are available to members who have at least $50.00 on deposit in a REGULAR SHARE account.

Minimums: A Holiday Share Account may be opened with a deposit of $5.00 or a minimum payroll deduction of $20.00.

Dividend Rate: The dividend rate is determined by the Board of Directors and is subject to change quarterly. Dividends are computed on the daily balance, compounded, and paid quarterly. No dividends are paid on closed accounts.

Scheduled Withdrawal: Checks will be written the 1st business day in October for the account balance. Checks will be mailed to member's address and the account will remain open.

Fees: Unscheduled withdrawal fee is $10.00. Account is closed and may not be reopened until AFTER the next scheduled withdrawal date. There is no fee to open a HOLIDAY SHARE Account.

Statements: The HOLIDAY SHARE Account is included as part of your REGULAR SHARE Account statement. HOLIDAY SHARES balances, dividends, and transactions will be listed under "Shareno" as S-8.

Loans: Funds deposited into HOLIDAY SHARE Accounts may NOT be used as collateral on Credit Union loans.

Super Share Accounts are available to members who have at least $50.00 on deposit in a REGULAR SHARE Account.

Jr. Super Share Account

Minimum Balance: A Jr. SUPER SHARE Account may be opened with a minimum deposit of $2,500.00.

Minimum Deposit: Additional deposits to the Jr. SUPER SHARE Account must be at least $500.00 per deposit.

Dividend Rate: The dividend rate is determined by the Board of Directors and is subject to change quarterly. Dividends are computed on the daily balance, compounded, and paid quarterly. No dividends are paid on closed accounts.

Fees: One withdrawal per calendar month is allowed on the Jr. SUPER SHARE Account after which there is a fee of $10.00 per withdrawal. There is no fee to open a Jr. SUPER SHARE Account.

Minimum Withdrawals: Minimum withdrawal amount is $100.00. All withdrawals are paid to member by check.

Limitations: A minimum balance of $2,500.00 must be maintained or the account will be closed and remaining balance transferred to the REGULAR SHARE Account.

Statements: The Jr. SUPER SHARE Account is included as part of the REGULAR SHARE Account statement. Jr. SUPER SHARE balances, dividends, and transactions will be listed under "Shareno" as S-18.

Loans: Funds deposited in Jr. SUPER SHARE Accounts may be used as collateral on loans.

Sr. Super Share Account

Minimum Balance: A Sr. SUPER SHARE Account may be opened with a minimum balance of $50,000.00.

Minimum Deposit: Additional deposits to the Sr. SUPER SHARE Account must be at least $1000.00 per deposit.

Dividend Rate: The dividend rate is determined by the Board of Directors and is subject to change quarterly. Dividends are computed on the daily balance, compounded and paid quarterly. No dividends are paid on closed accounts.

Fees: One withdrawal per calendar month is allowed on the Sr. SUPER SHARE after which there is a $10.00 fee per withdrawal. There is no fee to open a Sr. SUPER SHARE Account.

Minimum Withdrawals: Minimum withdrawal amount is $100.00. All withdrawals are paid to member by check.

Limitations: A minimum balance of $50,000.00 must be maintained or the account will be closed and the remaining balance transferred to the REGULAR SHARE Account.

Statements: The Sr. SUPER SHARE Account is included as part of the REGULAR SHARE Account statement. Sr. SUPER SHARE balances, dividends, and transactions will be listed under "Shareno" as S-19.

Loans: Funds deposited in Sr. SUPER SHARE Accounts may be used as collateral on loans.