Savings / Investments

CERTIFICATES OF DEPOSIT

Share Certificates at your Credit Union offer a unique and secure way to
save money at a competitive rate of return.

All you need to do is instruct the Credit Union to open your Share
Certificate. Then sit back and relax – we’ll do the rest for you!

Certificate rates and terms may vary. See current rates.

MONEY MARKET

If you’re looking for an interest-bearing option, look no further than Illinois Educators Credit Union’s Money Market Account!

Account highlights include:

  • $1000 minimum deposit required.
  • Six withdrawals or transfers are allowed per month, with a limit of three transactions by check.
  • No minimum/maximum dollar withdrawal amount.
  • $1000 daily minimum balance requirement to avoid a service fee.
  • Interest calculated using the daily balance method.

For more information about this service, contact IECU today.

 

SAVE TO WIN CD

Learn more about our savings product with the best rate of return here! With just $25, you’re able to open your Save to Win account with the chance to win monthly and quarterly prizes up to $5,000!

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HOLIDAY CLUB SAVINGS

This savings account is designed specifically for members to save for the holidays.

Account highlights include:

  • Deposits can be made by any method.
  • Dividends are compounded daily and paid on October 15.
  • Your funds are disbursed, by check or by transfer to your designated account, on October 15.

For more information about this service, contact IECU today.

SUB-SHARE SAVINGS

Sub-share savings accounts can be opened for your special savings needs (i.e. taxes, travel, education, etc.).

Effective February 1st, 2016, the credit union will begin to charge a $5.00 fee for every transaction in violation of Regulation D. In other words, each member will be charged $5.00 for every transaction over the six (6) allowed in each of their share/savings accounts.  The fee will be deducted from the member share savings account each time a transaction is posted that is in violation of the regulation.

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