Savings | Money Market | Christmas Club | Vacation Club | CD's | IRA's

Savings Accounts

A $5 minimum deposit is required to open this account. It enables you to become a member/owner of Hoosier Hills Credit Union. This lifetime membership gains you access to the many products and services that HHCU provides including checking accounts, mortgage products, business services and much more. Your membership qualifies your family members to join HHCU as well. We offer some of the highest savings dividends and lowest loan rates available in our market and your accounts are insured up to $250,000 by the National Credit Union Administration (NCUA) and an additional $250,000 by Excess Share Insurance (ESI). The more you use your credit union's services, the greater you and other members will benefit. For account details, see Relationship Rewards. For current rate, see the Rates page.

Money Market Accounts

A $2,500 minimum deposit is required to set up your Money Market Plus Account. This account offers high CD type rates without early withdrawal penalties. Members may make deposits over the counter, through ACH, and/or through a Hoosier Hills Credit Union ATM. They may also make withdrawals over the counter and through the ATM. There is no service charge for this account. Dividends are earned daily and paid monthly. The rate of interest received is tied to your average balance for the month. Different earning levels on this account are:

• $2,500-$9,999,99
• $10,000-$24,999.99
• $25,000-$99,999.99
• $100,000-above

Christmas Club Accounts

The Christmas Club Account is a special account for the purpose of having money during holiday season. There is no minimum deposit to start a Christmas Club. Deposit when you want, and as much as you want.there are no coupon books to lose or forget. You may choose to have your Christmas Club funds deposited directly into your account in mid-October. Or, if you prefer to receive your funds in the form of a check, you will receive the check in early November. There is no cash penalty for early withdrawal, however, your Christmas Club will be closed and a new Christmas Club cannot be opened until the new Christmas Club year starts in October. For current rate, see the Rates page.

Vacation Club Accounts

Our Vacation Club Account can help make your dream vacation a reality. The Vacation Club year runs from May 1 - April 30 and there is no minimum deposit required to open a Vacation Club. Deposit when you want, and as much as you want.there are no coupon books to lose or forget. You can even fund your vacation club through direct deposit or payroll deduction. Funds are transferred directly into your savings or checking account on May 1. There is no cash penalty for early withdrawal, however, your Vacation Club will be closed and a new Vacation Club cannot be opened until the new Vacation Club year starts in May. For current rate, see the Rates page.

Certificates of Deposit

Hoosier Hills Credit Union members may save with Certificates of Deposit, which earn dividends that are higher than regular savings vehicles and are based on the opening balance and term invested. We offer numerous minimum balance options and maturity choices for CD purchasers. A minimum deposit of $500 is required to open any certificate and terms range from 91 days to 60 months.* Rates on new CD's may change every Thursday. Rates are available in the lobby, upon request, or on our Rates page. Click to apply online. For Jumbo CD rates, please call your nearest service center. Click for contact information.

*Early withdrawals are subject to a penalty.

Individual Retirement Accounts

An Individual Retirement Account (IRA) is an excellent way to supplement your retirement funds. If you work and are under age 70 ½, and have earned income, whether or not you have another retirement plan coverage, you can open an IRA. Members can purchase CD's with IRA deposits at competitive rates; the longer the term, the better the rate. Hoosier Hills Credit Union offers Traditional, Roth, Educational, CD and Money Market IRA's. IRA accounts are also available through the Credit Union's brokerage service, Hoosier Hills Investments. Click for IRA CD rates or IRA Money Market rates.