OARDC Employees' Credit Union
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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.  The latest dividend payments were made on September 30, 2005 at the following rates:

Shares APR APY
$0 - 49.99     0%    0%
$50 - 1,999.99     0.50%    0.50%
$2,000 - 4,999.99     0.50%    0.50%
$5,000 and greater     0.50%    0.50%

Accounts closed before dividends are paid will not earn dividends.

Additional benefits:

We provide at no extra cost to you insurance on your loans up to $25,000 and members under 70 years of age.  We also provide a dividend paying Christmas Club.  Dividends of 0.50% APY were paid in November when the Christmas Club checks were distributed. 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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