Deposit Products

Tue, 01/01/2013 - 14:09 -- admin

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Main Share Accounts

Establish your Andover Federal Credit Union membership with a $25.00 deposit. Your main share savings account will begin to earn dividends when you achieve a $50.00 balance. The main share is a basic savings account for your everyday needs.

Your savings dollars at the Credit Union are called "shares". The funds you deposit in your Credit Union share (savings) account are in turn invested by the Credit Union or loaned to your fellow members.

Club Accounts

Our Club accounts help you save a little each payday so you'll have the cash to pay holiday bills, take a vacation, or meet any special need without dipping into your savings. The minimum deposit requirement is $25.00.

Share Draft Account (Checking Account)

Our checking account requires no minimum balance, and has no monthly service charge or per check charge. Overdraft protection and a VISA debit card are available for eligible members and best of all, we give you the first 50 checks free!

Money Market

Our Money Market Accounts offer a tiered interest rate, based on your account balance. Open a Money Market Account for as little as $2,500.00 and watch your money grow.

Share Certificate of Deposits

Share Certificate of Deposits may be opened with any amount over $500.00 for terms of six, twelve, eighteen or twenty-four months. Dividends may be paid monthly, or may remain in your certificate of deposit or deposited to your regular share, checking or money market account.

Federally insured by NCUA