Savings Accounts

The Prime Share Savings Account is the cornerstone of credit union membership. Each member must maintain a minimum of $25.00 in a Prime Share Account to be eligible for any credit union services or loans. So, because you already have a savings account, it is a perfect vehicle for building savings for the future. And, you can add other financial services to make your life easy. Make depositing easy by signing up for payroll deductions or direct deposits.

 

Apply for an ATM Card and enjoy the freedom of knowing you can access your accounts at hundreds of ATM locations around-the-clock throughout California and nationwide as well. All ATMs at 7-Eleven Stores are free for Health Associates' members. And all ATMs of the CO-OP Network are also free to Health Associates' members.

 

The par value of a share in the Health Associates Federal Credit Union is $25.00. This is not a fee.

 

Share Dividend Rates*

(Effective August 1, 2010)

 

Savings/Shares*

APY*

Terms

Prime Share Account

0.150%

Balance Greater than $25.00

Youth Prime Share Account

0.750%

Balance Greater than $25.00

Money Market Account

0.250%
0.350%
0.550%
0.650%
0.850%

Up to $2,500.00
Up to $25,000.00
Up to $50,000.00
Up to $75,000.00
$75,000.01 and Up

IRA Share

0.200%
0.350%
0.450%
0.550%

Up to $10,000.00
Up to $25,000.00
Up to $50,000.00
$50,000.01 and Up

Holiday Club

0.350%

Disbursed Yearly on November 1st

*Notes: All rates presented are APY (Annual Percentage Yield).

The Helping Families Save Their Homes Act of 2009, signed into law May 20, 2009, includes a provision extending $250,000 share insurance coverage provided by the National Credit Union Share Insurance Fund through December 31, 2013. Previously, this level of coverage was set to expire December 31, 2009. The new law also requires NCUA to use the higher $250,000 standard maximum share insurance amount when making decisions about premiums and administering insurance deposit adjustments.

NCUA will shortly update its guidance about share insurance coverage to address the provisions of the new law. Information about NCUA insurance coverage is available online via the Share Insurance Tool Kit.

The National Credit Union Administration is the independent federal agency that regulates charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.