­

Savings

Offering a wide range of Financial Solutions to keep your Money working harder!

Hand putting coin into piggy bankGet the security you want with NCUA-insured savings and certificate accounts through Silverado CU. Let us help you reach your goals. We continually monitor all the dividend rates in the financial market place. We pride ourselves on offering competitive rates for all of our accounts. These rates change on a regular basis.

SAVINGS OPTIONS

Regular

Think of your credit union as the place to save…Silverado Credit Union strives to provide you with a wide variety of savings plans to meet all of your financial needs. Our regular Savings account offers a competitive rate with easy access to your funds. Deposits can be in person, by mail, through ATM’s, payroll deduction, direct deposit or our night depository. Savings can be withdrawn at any time and are totally liquid.

This account offers a variety of benefits to our Member-Owners:
No monthly fees or service charges

  • Automatic deposit of Government or Retirement checks
  • Automatic deposits may be set up with your employer
  • Penalty-free withdrawals
  • Payroll Deduction – a systematic way to save
  • Receipts and quarterly statements replace passbooks
  • Dividends compounded and paid quarterly
  • 24-Hour ATM access
  • Deposits are federally insured up to $250,000.00 by NCUA
  • Immediate family members eligible for membership
  • $50.00 Minimum Balance Required

The regular Savings account is key to establishing your membership with Silverado Credit Union. An initial deposit of $50.00 in your Savings account is required and represents your “ownership share” in the credit union. This $50.00* minimum balance must be maintained as long as you are a member of the credit union. The “first-named owner” or “primary member” on a regular Savings account may make loan requests* and vote at our membership meetings.

CURRENT RATE INFORMATION: For current savings rate information please go to our Savings Rates page or call us at our home office (707) 965-2483.

APPLY TODAY! To open a Silverado Credit Union regular Savings account simply complete the on-line Savings Application and either E-mail or mail the form back to us. If you have any questions please call us at (707) 965-2483 or drop by one of our offices.

 

Special Purpose

Christmas Club

Money Management

Certificates of Deposit

Your Insured Funds

The NCUA, National Credit Union Administration, is an independent agency of the United States Government. NCUA regulates, charters and insures the nation’s federal credit unions. The shares in this Credit Union are insured by the NCUA Share Insurance Fund (NCUSIF), an arm of the NCUA. Established by Congress in 1970 to insure member share accounts at federally insured credit unions up to $250,000.00. Not one penny of insured savings has ever been lost by a member of a federally insured credit union. The NCUSIF Fund is currently at the strongest and best reserved level in its history.

Funds Availability Policy

Our general policy is to allow you to withdraw funds deposited in your account on the first business day after the day we receive your deposit. In some cases, we may delay your ability to withdraw funds beyond the first business day. Then, the remaining funds will generally be available by the second business day after the day of deposit. The first $200.00 of your deposits, however, will be available on the first business day. Funds deposited after 4:00 p.m. will be considered deposited the next business day and will become available the following business day.

USA PATRIOT ACT: Important Information About Opening A New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your valid state issued Driver’s License or other identifying documents.

Regulation GG Notice to Business Account Members – Unlawful Internet Gambling Enforcement Act of 2006

The U.S. Department of the Treasury and the Federal Reserve Board have issued a final rule to implement applicable provisions of the Unlawful Internet Gambling Enforcement Act of 2006 which is effective June 1, 2010. The Act prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in ‘unlawful Internet gambling,” defined as ‘placing, receiving, or otherwise knowingly transmitting a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any Federal or State law in the State in which the bet is made. In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, this notification is to inform you that restricted transactions are prohibited from being processed through your account or relationship with Silverado Credit Union. Restricted transactions are transactions in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling. By maintaining a Silverado Credit Union (SCU) account, you agree to not use your account, including any access device or service made available to you by SCU for conducting any illegal activity including unlawful Internet gambling. SCU may terminate your account relationship for this activity.