Members can utilize direct payroll deductions into their savings account.
The IWU Federal Credit Union pays competitive dividends (interest) quarterly.
less than $5,000.
from $5,000 to $20,000.
$20,000 or more.
Our holiday club account allows members to save any amount through October 31. Holiday club checks for the total account balance are mailed on November 1st. A holiday club account is not offered as a regular share savings account. Therefore, only one withdrawal is allowed in any account year; a second withdrawal will cause the holiday club account to be closed and the entire remaining balance transferred to a share savings account.
Dividend's Compounded Quarterly
Dividend's Credited Quarterly
Balance Method Daily Balance
Each account is insured up to $250,000 by the NCUA