Share Savings Accounts
Credit Union savings are called share accounts, FREE of monthly maintenance service charges. Dividends are earnings paid to members' share accounts. These dividends are paid quarterly and added to the account. The credit union pays dividends on a quarterly basis, with dividends compounded quarterly, and calculated on a day in day out basis. Quarterly statements are mailed showing the share balance, loan balance, dividends for the quarter and other pertinent information.
HEFCU also has a Christmas Club Savings Account reserved just for you!
The credit union offers a convenient place to save, and your account is insured up to $100,000.00 by the strongest federal insurance fund -- the National Credit Union Share Insurance Fund (NCUSIF). This fund is administered by an independent agency of the federal government, the National Credit Union Administration (NCUA).
Truth In Savings Accounts Disclosure
Share Draft Accounts
Ultimate Checking - With Ultimate Checking there is no minimum balance required, no per check charge, and you get: two boxes of free personalized checks per year; accidental death insurance, nationwide discounts on travel, a medical emergency data card, purchase protection and extended warranty services, plus much more! You pay only $5.00 per month for this exciting account. No fluctuating finance charges, no minimum balance worries plus added benefits that will save you money every year.
Standard Checking
Standard Checking is your HEFCU no frills checking account. With standard checking you have no monthly service charge, no minimum balance requirement, and no per check charge.
TEEN Checking Account
Students age 13 to 18 receive a free box of 50 introductory checks and are eligible for an ATM/Debit card. If member is under 18, a parent or guardian is required as a joint owner.
*To obtain a share draft (checking) account you must have a regular share account. The credit union may obtain credit information from various sources before issuing a share draft account, as opening a share draft account is subject to approval.
Reorder your current check style online from Harland
Share Certificates
Share certificates are for a fixed amount of time earning a higher rate of return than a regular savings account. Terms are available from 3 months to 48 months with a minimum opening balance of $500.00. Dividend options include: monthly dividend check, transfer to another credit union account, or redeposit into the share certificate. For current rates contact us at 1-800-368-2618. *Penalties may apply for early withdrawal.
Individual Retirement Accounts (IRAs)
Halliburton Employees' Federal Credit Union offers IRA accounts including the traditional, Roth and Education. Terms range from 3 months to 48 months. Share accounts and share certificates are available. For more details and current rates call one of our retirement account specialist at 1-800-368-2618. *Penalties may apply for early withdrawal.
Market Index Certificates
Let your dividends soar - without taking high risks. Are you looking for higher-earning alternatives to fixed-rate certificates? While stocks and mutual funds can offer larger returns, many people aren't risk-takers when it comes to investing their hard earned money. Luckily, protecting your nest egg doesn't mean you have to settle for conservative returns. With the Market Index Certificate, you can have an investment that gives you the chance to earn stock market-like returns without losing a penny of your deposit.
Money Orders
Money Orders - Halliburton Federal Credit Union offers Money Orders. Money Orders are available from $1.00 to $1,000.00 at all four locations for only $2.00 each.
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