Savings Accounts
Though typically referred to as “Savings” accounts, in a credit union, they are called “Share” accounts. Hotel & Travel Industry FCU offers members the following types of share accounts:
Daily Share Account:
This account is a basic savings account that boasts no minimum balance restriction, and can be used as collateral against a Share Secured Loan. Dividends are paid and compounded quarterly back into the account.
Click here to fill out a membership application today!
Keiki Share Account:
Good financial habits start at an early age. Parents can help keiki learn how to save by opening them a savings account. Children under the age of 18 can enjoy the benefits of this membership so long as a parent is a joint member on the account.
Click here to fill out a membership application today!
Christmas Club Account:
Make saving up for holiday shopping a breeze by depositing a little bit of each paycheck into the Christmas Club Account. This interest-bearing account, accumulates dividends quarterly. When the account matures each year on September 30th, your savings will be auto-deposited into the account of your choice.
Example: If you were to deposit $50.00 from each paycheck, in one year, you will accumulate about $1,200.00 plus dividends (if you are paid 2x per month x 12 months).
Click here to fill out a membership application today!
Vacation Club Account:
Similar to the Christmas Club Account, this account helps you save up for future vacations by depositing a bit of each paycheck. This account is also interest-bearing and dividends are paid quarterly. The Vacation Club Account matures on May 31st of each year and will be automatically deposited into the designated account of your choosing.
Click here to fill out a membership application today!
Share Accounts
| Account Type | Dividend Rate/Annual Percentage Yield (APY) | Minimum Opening Deposit | Minimum Balance Required to Earn Stated (APY) | Dividends Compounded/Credited |
|---|---|---|---|---|
| Daily Shares Account | 0.10% | $- | $- | Quarterly |
| 2nd Daily Shares | 0.10% | $- | $- | Quarterly |
| Christmas Club Account | 0.15% | $- | $- | Quarterly |
| Vacation Club Account | 0.15% | $- | $- | Monthly |
| Keiki Daily Shares | 0.10% | $- | $- | Quarterly |
| IRA Passbook Share Accounts (Traditional, Roth & Education) | 0.25% | $50.00 | $50.00 | Quarterly |
*Federally insured by NCUA.
