Account Options

Catholic Aid Association Credit Union offers account options that assist every part of your financial life, from long-term savings to everyday expenses and everything in between. Ownership on your accounts can be individual, joint or in the name of your trust. Unlike many investments, the National Credit Union Administration (NCUA), a government agency, insures your credit union deposits to $250,000.

Savings Options	Checking Options
Membership Savings Account Sub-Savings Account Money Market Savings Account Coverdell Education Savings Account Certificates of Deposit (CDs) Saving Saints Certificate	Checking Accounts Checkcards

Membership Savings Account

Your membership savings account establishes your membership in the credit union when you maintain the minimum balance of $10.00 This account provides complete safety and convenience. Dividends are declared and paid quarterly on the average daily balance. Your account number serves as your primary member number.

$10 minimum balance
Funds available anytime (on collected funds)
No monthly fees
Quarterly dividends

Sub-Savings Account

You may open additional savings accounts to help save for Christmas, taxes, vacation or whatever you need.

Complete liquidity
No minimum balance
No monthly fees
Quarterly Dividends

Money Market Savings Account

For members who have larger savings balances but want to keep their funds liquid, CAACU now offers a Money Market Savings Account.Dividends are paid quarterly on the daily balance.

$3,000 minimum balance
Higher dividend rates
Tiered rates at $10,000, $25,000 and $50,000
Funds available anytime (on collected funds)
No monthly fees
Monthly dividends

Coverdell Education Savings Account

The Coverdell Education Savings Account (formerly the Education IRA) is a tax-preferred account to encourage taxpayers to save for educational expenses. When used for qualified expenses, the earnings on this account are tax-free!

Certificates

Certificates allow you to earn higher rates on your savings by investing your funds for set periods of time. Certificates are available for terms from six months to 4 years. Click here to view the most current rates offered for certificates.

Minimum balance of $1,000
Competitive rate
Quarterly dividends

Saving Saints Youth Certificate

The Youth Certificate is a special youth program designed to teach children & teens the importance of saving for the future.

Low minimum balance of $200
Six-month term
Deposits accepted anytime during the term
Competitive rate

Checking Accounts

We offer a checking account with all of the convenience you expect.

Earn dividends on average daily balances over $500
No monthly fee
No minimum balance
No per check fees

The following services add even more convenience to your CAACU checking account:

Line of Credit (overdraft protection)
Online Banking
ATM Card
Visa Check Card
Direct Deposit/Automated payments
Flexible Online Bill Pay