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Savings
Contributions may be made in any amount by payroll deduction for any OSU or USDA
employee by completing a form available in the Credit Union Office. (USDA
employees must pick up their payroll deduction from from their administrative
office in room 001, Administration Building). Members may also make cash
deposits. Non employee members may make cash deposits.
Dividends are paid on shares quarterly on March 31, June 30, September 30, and
December 31.
| Shares |
Annual Percentage Rate |
Annual Percentage Yield |
| $0 - 49.99 |
0% |
0% |
| $50 - 1,999.99 |
.15% |
.15% |
| $2,000 - 4,999.99 |
.15% |
.15% |
| $5,000 and greater |
.15% |
.15% |
Accounts that are closed before accumulated dividends are paid will not be
paid dividends for that quarter.
Additional benefits:
We provide at no extra cost to you insurance on your loans up to $25,000 under
70 years of age. We
also provide a dividend paying Christmas Club. Dividends were paid at the rate
of 0.15% when the Christmas Club checks were distributed in November 2012. Open end credit is available
providing quicker loan service with a minimum of forms to fill out after the
initial request is approved.
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