SAVINGS
&
INVESTMENTS
Premium Savings
If you keep a bigger balance in your savings, consider opening
a premium account for a higher dividend rate for members.
Visit our website for up-to-date rates and terms.
' $2,000 minimum deposit required
' Dividends paid monthly based on tier amount (as your balance
increases, so does your rate)
' No restrictions on withdrawals
Health Savings Accounts (HSAs)
If you have a high-deductible health plan, you may want to open
a health savings account. Save specifically for medical expenses without
paying federal income tax on the funds contributed to this account.
' Earn monthly dividends
' No monthly or annual service fees
' Free Visa debit card to access funds quickly
Individual Retirement Accounts (IRAs)
Save for retirement with a tax-advantaged IRA.
*
Choose from
a Traditional IRA, Roth IRA, SEP or Coverdell Education IRA.
Certificates of Deposit (CDs)
Earn higher dividends by keeping your savings deposited for a fixed
length of time. Choose a term from three months to two years.
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Minimum deposit of $500 required under the age of 18.
Rising Market Certificates
Similar to a CD, this certificate is for a set length of time (36 months),
but you can request up to three rate increases during the term.
Please note, a share draft checking account is required.
Investment Services
WV Central offers comprehensive investment services to our members
through Commonwealth Financial Services, which has an office
conveniently located at our Murdoch location. Services include:
' Financial planning
' Investment strategies
' Retirement preparation
Visit www.cfswv.com for more information.
*
Early withdrawals are subject to a penalty.
