Savings Information

Easy Saving

Members can utilize direct payroll deductions into their savings account.
The IWU Federal Credit Union pays competitive dividends (interest) quarterly.

Share Savings Account


less than $5,000.


from $5,000 to $20,000.


$20,000 or more.


Dividend Rate

.30 percent


.40 percent


.50 percent




Dividends Compounded
Dividends Credited
Dividend Period
Minimum Opening Deposit
Balance Method

Calendar Quarter
$ 5.00
Daily Balance

Holiday Club Account   

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 Rate

Dividend's Compounded Quarterly
Dividend's Credited Quarterly
Balance Method Daily Balance


NCUA Insurance
Each account is insured up to $250,000 by the NCUA