Personal

Share Account (Savings)

As a member of Health Care Credit Union, you are a shareholder of the Credit Union. Your Primary Share Account has a minimum balance of $25 that signifies your equal ownership of Health Care Credit Union and qualifies you for all of the benefits of membership.

We offer secondary savings accounts to help you with budgeting or saving for a specific purpose. And if you’re looking for a higher interest rate savings, our Plus Accounts have tiered interest rates depending on the average daily balance you keep in the account.

Each savings account can provide overdraft protection for your checking account. However, federal regulations limit electronic transfers from your savings account to 6 per month.

To open an account: An initial deposit of $25.00 (for the Primary Share Account only) will be needed and must remain in the account until the time it is closed. Member must also qualify for membership eligibility by meeting one or more of our field of membership requirements. Identification will also be verified upon account opening.

Draft Account (Checking)

Our personal draft accounts give you everything you need to have convenient access to your money. You can request a debit card without a credit check; however, we also offer overdraft protection loans with debit cards, if you choose to apply. What’s more, our draft accounts also offer:

  • No monthly fee
  • Dividends paid on your average daily balance
  • Free online banking and bill pay services
  • No minimum balance or direct deposit requirements
  • Debit card access at over 30,000 CO-OP ATMs nationwide
  • Account access at shared branching locations nationwide
  • Privilege Pay overdraft protection on eligible accounts (see Privilege Pay)

Youth Club Members

CHECK YOUR EMAIL OR OUR FACEBOOK PAGE FOR THE YOUTH ACCOUNT ACTIVITY!

youth

Savings Account

Health Care Credit Union is offering youth accounts for children ages 0-17.

Our youth accounts are a great way to teach children the importance of banking as well as an opportunity to set aside funds for further education purposes. Contact your credit union office today for more information about the youth accounts as well as this month’s youth activity.

To open an account: An initial deposit of $25.00 (for the Primary Share Account only) will be needed and must remain in the account until the time it is closed. For a youth account, a joint owner above the age of 17 is required to be listed on the account. The member must also qualify for membership eligibility by meeting one or more of our field of membership requirements. Identification will also be verified upon account opening.

Youth Club

Welcome to the Health Care Credit Union Youth Club!  We are so excited to have you be a part of our credit union and help you learn about saving money while having fun!

  • Get a sticker each time you make a deposit at one of our branches

 

You can pick up a special deposit register to help you keep track of your growing savings. There will also be additional activities throughout the year. During each month, you can stop in at our Main or Cottonwood branch and participate in activities to win cash or prizes.

business

Share Account (Savings)

Health Care Credit Union offers savings and checking accounts to DBAs, LLCs, and other corporations. As a member of Health Care Credit Union, you are a shareholder of the Credit Union. Your Primary Share Account has a minimum balance of $25 that signifies your equal ownership of Health Care Credit Union and qualifies you for all of the benefits of membership.

Each savings account can provide overdraft protection for your checking account. However, federal regulations limit electronic transfers from your savings account to 6 per month.

To open an account: In addition to the items required for a personal account, we will verify that your business name is registered with the State of Utah. If applicable, please provide proof of the Tax Identification Number for the business, as well as the Articles of Corporation.

Draft Account (Checking)

Our draft accounts give you everything you need to have convenient access to for your business. What’s more, our draft accounts also offer:

  • No monthly fee
  • Free online banking and bill pay services
  • No minimum balance or direct deposit requirements
  • Debit card access at over CO-OP ATMs nationwide
  • Account access at shared branching locations nationwide

more account options

Plus Account

As the name infers, this account will pay a higher rate of return similar to a money market account. Health Care Credit Union Plus Accounts can be opened in addition to your Primary Share account. You must have at least a $2,500.00 balance to be elligible to earn dividends and there is no time or transaction restriction on this account. The dividends paid on this account increase as the average daily balance reaches certain levels.

Certificate Account

This program is for those who may not need immediate access to their savings. The Certificates come in 6 month, 1 year, 2 year and 5 year terms.

IRA Account

Individual Retirement Accounts are designed to assist members in saving for retirement and may be added to any current Share Account. We offer both Traditional and Roth IRAs eligible for rollover or transfer from a qualified retirement plan. We also offer IRA Certificate accounts that may offer higher dividend rates to assist with your retirement planning.

While Health Care Credit Union acts as a custodian for your IRA funds, we are not qualified to advise on tax matters. Please consult your tax advisor for the best option for your situation.

Current Share Rates

Share Account Rates RATE APY
Primary Share Account 0.10% 0.10%
Secondary Share Acct. 0.10% 0.10%
Education Savings 0.10% 0.10%
Escrow 0.10% 0.10%
Plus Account RATE APY
$0.00 - $2,499.99 0.00% 0.00%
$2,500.00 - $9,999.99 0.13% 0.13%
$10,000.00 - $19,999.99 0.15% 0.15%
$20,000.00 - $49,999.99 0.20% 0.20%
$50,000.00 - $99,999.99 0.23% 0.23%
$100,000.00 - + 0.28% 0.28%
Checking Accounts RATE APY
Primary Draft 0.05% 0.05%
Business Account 0.00% 0.00%
Certificate / IRA Certificate RATE APY MIN.
6 Month Certificate 0.60% 0.60% $500.00
12 Month Certificate 1.09% 1.10% $500.00
24 Month Certificate 1.34% 1.35% $500.00
60 Month Certificate 2.37% 2.40% $500.00
IRA Accounts RATE APY
Share Regular 0.22% 0.22%

*Rates effective as of February 1, 2017.