Membership at New Horizons Credit Union requires opening a regular Share Savings Account. You only need to maintain a $10 minimum balance and the account earns interest if the average balance is $50 or higher. This account does not have monthly service fees but does pay a competitive dividend on your deposits. The option to use an ATM card is available for a monthly charge of $5.
For higher savings returns, invest in a New Horizons Credit Union Share Certificate. Featuring minimum balances of just $500 and terms from 3 – 60 months. Dividends are earned monthly, and can be reinvested for even higher yields or transferred into your Checking or Savings Account upon maturity.
Save for this special time of year in a New Horizons Christmas Club by optionally making regular deposits through payroll deduction. Earn interest on the deposits and on October 1st, the funds are automatically transferred into your regular Share Savings. Giving you plenty of time for the Holiday shopping season. It’s an “out-of-sight, out-of-mind” savings plan that lets you rest assured you’ve got the Holidays covered. Early withdrawal penalty of $10 applies per withdrawal.
Save year round for extra fun in a New Horizons Vacation Club account. Simply make regular deposits through payroll deduction. Earn interest on the deposits and on April 1st. the funds are automatically transferred into your regular Share Savings. So go ahead and plan your vacation knowing you have it covered. Vacation Club helps you relax and make memories that will last a lifetime! Early withdrawal penalty of $10 applies per withdrawal.
Health Savings Account (HSA)
A Health Savings Account (HSA) allows members to use pre-tax dollars to pay for future medical expenses. Adding cost savings on their health insurance and flexibility for paying medical expenses. Including doctor visits, prescriptions, dental and vision care. Make payments using a debit card or by check from an HSA. Members own their HSAs regardless of their source of employment and balances are carried over at year end. Consult your tax professional to determine if your medical expenses qualify for tax advantages.