For a Savings Account of Windsor Locks Federal Credit Union, only a minimum deposit of $25 is required. Checking Accounts are interest-bearing accounts with a minimum required balance of $1000. This account has no minimum balance requirements, per check fees, or monthly fees.
Being Savings accounts designed for members under 16, Johnny Appleseed and Youth Accounts can make dividends on a maintained minimum balance of $25.
Jumbo Share Certificate, ranging from 2 to 5 years, requires a minimum deposit of $100,000. Its annual percentage rate is 15% higher than the posted one.
There’re many other products, including IRAs, Share Certificates, Money Market Accounts, Holiday/Vacation Savings Accounts, High-deductible Insurance Plans, and Coverdell Education Savings Accounts.
Opened in 1940, Windsor Locks Federal Credit Union has over 5,300 members and assets of more than $50 million today.
516 Spring Street
Windsor Locks, CT 06096