SLO Credit Union offers several different types of accounts – from club and checking accounts to certificate, IRA, and savings accounts. The Member Savings Account is the only required account for members. You must keep a minimum of $5.00 in your share account at all times. Your membership entitles you to open any of the other account types.
Share Accounts
| Account Type | APY | Minimum Deposit | Minimum Balance |
|---|---|---|---|
| SAVINGS | 0.10% | $100 | |
| GROW WITH SLO YOUTH | 5.10% | $1 | |
| GROW WITH SLO YOUTH | 0.10% | $1,000 | |
| SHARE DRAFT ACCOUNT | 0.10% | $0 | |
| HOLIDAY CLUB ACCT | 0.10% | $100 |
Checking
Convenience and affordability without sacrificing quality, our checking account features:
- First box of checks are FREE
- Unlimited check writing
- No per check charges
- FREE Online Banking access
- FREE Mastercard Debit Card
No minimum balance required.
Certificates
Maximize your savings with a Certificate Account – a great way to lock in a higher interest rate on your savings. Your money is deposited for a specific amount of time and in return, the Credit Union offers you a rate that is typically higher than a regular savings account. We currently offer certificates with terms of 6 through 60 months. Choose your term, earn consistent dividends, and reinvest to earn our highest dividend rates. The best thing about these accounts is that they require a deposit of only $100.
| Certificate Term | APY | Minimum Deposit |
|---|---|---|
| 7 MO. IRA CERTIFCATE SPECIAL | 5.10% | $100 |
| 7 MO. CERTIFICATE SPECIAL | 4.84% | $100 |
| 6 MONTH IRA CERTIFICATE | 2.02% | $100 |
| 12 MONTH IRA CERTIFICATE | 2.02% | $100 |
| 24 MONTH IRA CERTIFICATE | 2.02% | $100 |
| 6 MONTH CERTIFICATE | 2.02% | $100 |
| 12 MONTH CERTIFICATE | 2.02% | $100 |
| 24 MONTH CERTIFICATE | 2.02% | $100 |