
Share Savings
RiverLand savings accounts are federally insured to at least $250,000 by the National Credit Union Administration. As a not-for-profit credit union, RiverLand generally returns higher dividends to its members than for-profit institutions such as banks. Regardless if your savings goals are short-term or long-term, we have investment products that can meet your needs. And you will always have free 24-hour access to your savings accounts with NetTeller, our Free Online Banking Service and "TONEY" our Touch-Tone Teller.
To become a RiverLand member it costs just $6 (a one-time new membership fee
of $1 plus a savings deposit of $5). By maintaining a $5 savings account balance and having an active account in good standing, you can be a member of RiverLand Credit Union for life. And you have the opportunity to have all other services with RiverLand like Free Checking
Accounts, Loans, Credit Cards, Free Internet Banking, Free Online Bill-Payment and much, much more.
For a complete list of our services, visit our Membership Page Click Here.
When you open your savings account with RiverLand Credit Union you become a member, a share holder, and an owner. As a not-for-profit financial cooperative, our earnings are returned to our members in the form of lower rates on loans, higher dividend rates on savings and investments, and fee-free services such as Free checking accounts, debit cards, free online and phone banking, and credit cards.
Casualty Coverage Accounts
A Casualty Coverage Account is a special savings account that can help you with the unexpected expenses of an accident, evacuation, casualty, or disaster. It’s a savings account that you open, separate from any other RiverLand accounts, and it is designated for those unwanted, unexpected expenses that would typically cause you to create debt.
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Christmas Club Savings
Members may open a Christmas Club account at any time during the year. There is no minimum balance requirement, no minimum contribution requirements, and no deposit frequency requirements. You decide how much, and how often, you make deposits into your Club account.
Each year, on October 1st, balances are transferred into the savings accounts of participating members. If deposits are set-up automatically, they will continue without interruption.
Dividend rates are declared monthly while earnings are paid on the last day of the
month and are compounded monthly.
Current
Rates
Health Savings Account (HSA)
A Health Savings Account combines a qualified high-deductible health plan* with a tax-sheltered savings account. Eligible individuals may contribute and easily withdraw tax-free dollars to pay for routine medical expenses. No setup or monthly maintenance fees!
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