Share accounts are a traditional savings account. Remington FCU pays a competitive rate on this account. This account allows you quick access to your cash. You can make as many deposits, withdrawals and transfers form the account as you like. Interest is paid monthly and is paid on all accounts with balances over $100.00. Deposits can be made to this account in person, via mail, or via payroll deduction. You can withdraw from this account and have a check sent to your home through our home banking system.

Our share draft account is a basic free checking account. There are no monthly fees for the account. You do not need to maintain a minimum balance to avoid charges. The credit union accepts direct deposits to the share draft account. You can access the funds in this account by using checks, Visa debit card, or coming into the office. Remington FCU has recently started a fee on-line bill payment program for the share draft account.

Club accounts are the same as savings accounts. These accounts are designed to separate the funds form your savings if you are saving for a vacation, Christmas, taxes, or any other reason. We pay a competitive rate on these accounts on any balance over $100.00.

Money Market accounts are similar to the savings account except your access to funds is limited. You can not make more than three electronic transfers in a month. We pay a higher rate of interest on these accounts. If you have money that you do not need to have frequent access, a money market will provide greater interest with no additional risk.

IRA accounts help you save for retirement on a tax deferred basis. If you qualify you can put aside money each year and deduct the deposit form your taxes. This allows you to save for your retirement and reduces your taxes now. You will need to pay taxes on the deferred amount plus interest when you withdraw the money from the account. If you withdraw from this account early you will be subject to IRs penalties.

A certificate of deposit pays the most interest of any of our deposit accounts but if you need to access the funds early you will be responsible for a fee of 180 days worth of interest. However, if you know you will not need access to the funds during the period of time the certificate runs you can earn a higher rate of interest.

The NCUASIF is an independent agency of the Us Government and guarantees your deposit up to $250,000. This promise is backed full the full faith and credit of the United States Government, Current Rates