Share Account

Share Account application
Guarantees your lifetime membership in the Securityplus FCU.
$5.00 minimum deposit to open account.
Accounts may be individual or joint, with special provisions for group funds, in trust, or gift funds under the Uniform Gift to Minors Act.

Holiday Club Account

Holiday Club Account application
Each November 1st, balance is automatically transferred to your checking or share account.
Minimum opening deposit of $25.
Easy method to save for special occasions and to earn dividends too.
Regularly scheduled deposits can be conveniently made.

Name Your Club Account

Minimum opening deposit of $25.
Dividends are earned based on your day-in, day-out balance and are compounded and credited monthly. The balance is available whenever you want - any time of the year.
Easy method to save for special occasions and to earn dividends too.
Name the account whatever you want, and it's easily recognizable on your statements and on e-Banking.
Regularly scheduled deposits can be conveniently made.

Individual Retirement Accounts

IRA application
Traditional IRA
- A minimum opening deposit of $100 required.
- Provides financial security for your future with a tax-deferred IRA share account.
- Individuals who are under age 70 1/2 and have earned income may contribute.
- No required minimum distribution until you reach age 70 1/2.
- The annual contribution limit is $4,000 for 2006; additional $1,000 catch-up contribution for individuals over age 50.
- You can withdraw funds from your IRA any time after you reach age 59 1/2.
- Traditional IRA FAQ
Roth IRA
- A minimum opening deposit of $100 required.
- The annual contribution limit is $4,000 for 2006; additional $1,000 catch-up contribution for individuals over age 50.
- The Roth IRA gives investors tax-free earnings and penalty-free withdrawals after five years and after having reached age 59 1/2.
- As long as you have earned income, you can establish and contribute to a Roth IRA even after age 70 1/2.
- Roth IRA FAQ

Coverdell Education Savings Account

CESA application
The Coverdell Education Savings Account (CESA) allows investors to make non-deductible annual contributions up to $2,000 per year for each child up to age 18.
Coverdell Education Savings Accounts are trust accounts for the same designated beneficiary, established by the same grantor, and are insured up to an aggregate $100,000.
Earnings from a CESA account grow tax-free and can be used to pay qualified elementary and secondary school expenses as well as those for higher education.
Coverdell Education Savings Account FAQ

IRA Share Certificates

IRA Share Certificates application
Minimum initial opening deposit of $1,000.
Terms range from 1-5 years.
Earnings are tax-deferred until withdrawn.
Offered as either a Traditional or Roth IRA.

Share Certificate Accounts

Share Certificates Account application
Minimum initial opening deposit of $1,000.
Share Certificates offer flexible opportunities for higher earnings
Terms range from 3 months to 5 years.

Minimum Balance Account (MBA)

MBA application
Minimum initial deposit of $15,000.
Extremely competitive rate of return.
No penalties for withdrawal.

Money Market Accounts

Money Market Account application
Minimum initial deposit of $1,500.
Better than market dividend rates.
Money Market Accounts with a balance of $5,000 - $49,999.99 will earn our Plus dividend rate.
Money Market Accounts with a balance of $50,000 or more will earn our Premier dividend rate.
Easy access to your funds.
Limited check writing capabilities.

Youth Savings Clubs

Planet M™ Savings Club
- Planet M Website
- The Securityplus FCU is proud to introduce a new, FREE savings program geared especially for kids ages 12 and under. It's called Planet M™ and it's designed to assist your child's journey into the world of saving money.
- Planet M™ features fun space characters to help your child learn the value of money. As a member of Planet M™, children ages 12 and under will have their own savings account and will be encouraged to develop savings goals. Planet M™ club members will receive a membership card and a customized Website.
Boom!™ Savings Club
- Boom! Website
- The Securityplus FCU has an exciting new program designed to help parents introduce their children, ages 13 - 17, to the world of personal finance. It's a FREE savings program called boom!™, and it's especially for teens!
- As a member of boom!™, your teenager will have a savings account and learn to develop savings goals. Boom!™ members will receive a membership card and a customized website.
- Boom!™ members' ages 16 and older will also be able to apply for an Securityplus FCU Checking Account.
SCI-FI Program
- Guides to Independence
- CSN College PayWay®
- Whether you're about to enter college or are already in college, achieve your financial independence with our new and improved SCI-FI program! Designed for members' ages 18 - 23. SCI-FI, or our Special College Introduction to Financial Independence, puts all the financial services you'll need at your fingertips.
- You can take advantage of the following products and services:
  College Student VISA® - no annual fee and very competitive interest rate, plus an automatic credit line of $500