At POECU, we believe in the importance of saving for your future. That's why we offer members a variety of different ways to save and invest their money. To make it even easier to save, POECU also offers members the convenience of Direct Deposit or Payroll Deduction. Whether you're saving for retirement, college, Christmas or a rainy day, POECU is here to help! All savings accounts are insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), which is administered by the National Credit Union Administration (NCUA), an agency of the U.S. Federal Government.

Share/Savings Account
This savings account establishes your membership in POECU and is the starting point for all other membership benefits. Primary members (age 18 and older) can sign up for additional member appreciation benefits. Christmas Club Account Take advantage of one of the smartest benefits available and start saving for Christmas today. You can add to this account throughout the year with personal deposits or convenient Payroll Deduction. These funds are distributed on the 15th of October, just in time for all your holiday needs. A minimum balance of $10.00 is required and must be maintained to earn dividends.

Term Share Certificates
Enjoy higher dividends for your savings with a certificate from POECU. These accounts offer a fixed dividend rate for a fixed number of days, ranging from 6 month to 2 years. Rates vary according to terms. The minimum balance is $1,000.00.

SAVINGS RATES - Effective for the quarter ending March 31, 2009

Certificate Rates

Effective October 1, 2008

6 months 1.50 percent APY**
12 months 1.90 percent APY**
24 months 2.00 percent APY**

APY = Annual Percentage Yield

Regular Shares 0.75 percent APY**
For the quarter ending March 31, 2009

To obtain maximum APY** dividends must remain on hand and be redeposited in account.

**APY = Annual Percentage Yield