The Credit Union offers a variety of savings and term deposit accounts to help you save and plan for your future. All of our deposit accounts are Federally Insured by the NCUA up to $250,000.
Your share savings account represents your share of ownership in the Credit Union. This is the primary account for all members. It must have a minimum balance of $5.00 to remain an active account. Dividends are paid quarterly and are based on the average daily balance in your account.
ILA Local 1235 FCU offers 6 month to 1year term certificates. The minimum deposit is $1,000. You will not be able to make additional deposits to an existing account. We may impose a penalty if you withdraw from your account before the maturity date.
Persons 18 years and under can open a savings account with a deposit of $5.00. A legal guardian or parent must sign as joint owner. There is no monthly service or withdrawal fee.
Our Share Draft Account offers you a convenient way to manage all your financial needs.