Share Accounts

A Share Account is the foundation of your VFCU membership. Similar to a savings account, credit unions call it share because by having this account each member owns a share of the Credit Union.

• Minimum deposit to open and balance is $50.00.
• Dividends are compounded daily and paid monthly.
• Dividend rate is set by the Board of Directors and is subject to change daily.
• Can be used as collateral on other VFCU loans.
• NCUA insured.

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Select your account ownership

When you open a Share Account, you must choose who will have access to the funds and be accountable for taxes and other ownership responsibilities. The following types of ownership are available:

• An Individual Account is in the name of one individual member of the Credit Union.
• A Joint Account is owned by joint members with the right of survivorship.
• A Payable Upon Death Account will release only to a designated beneficiary(s).

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Christmas Club Accounts

The Christmas Club Account lets you save money throughout the year for holiday shopping!

• No minimum deposit required to open
• No service charge
• Use Payroll Deduction or Funds Transfer
• Access account for inquiries or transfers via E-Banking, 24-Hour Voice Response Service or call 1-855-663-8328.
• Deposits can be made through October
• Dividends compounded daily and paid on the first business day in October
• Rate determined by the Board of Directors and subject to change.
• All withdrawals made before October 1st are subject to an early withdrawal fee (see Fee Schedule for details).

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