Regular share account is a type of basic savings account which earns dividends every day on a minimum balance of over $5, while Share Draft Checking is a conventional checking account without minimum balance requirement. Except a minimum balance of $500, Share Certificates has also a stipulated maturity term.
Money Market Checking is an interest bearing checking account, with a minimum balance requirement of $5,000. It is featured with all benefits of a regular share account, but earns much more competitive dividends than that. IRA, namely individual retirement account, is a traditional account, and Roth IRA is a new one put forward by Senator William Roth.
Greater Watertown Federal Credit Union, established in 1935, has nowadays over 4,400 members and assets of $20 million.
Location: 48 Woodruff Avenue, Watertown, CT 06795