Because you are a credit union member and owner, your savings are called “shares,” and the quarterly interest you earn on those shares are called “dividends.” Share savings accounts feature:
• An unlimited number of in person transactions
• Can be opened with a cash deposit or with direct deposit enrollment
• A low minimum balance requirement of $5.
• Can provide overdraft protection to your checking account (federal regulations require a limit of 6 electronic transfers per month from your savings account).
Open a Savings Account
If you are currently a First Credit Union member and would like to add a savings account:
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Submit an online application, visit any branch or call 480-831-2645, toll free 800-732-6986 to receive and complete your savings account application.
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Provide a minimum $5 deposit.
How to Join First Credit Union
You may submit an online application or complete a printed application and take or mail it to the nearest First Credit Union branch. With your application you must:
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Include a minimum $5 deposit. Provide a copy of your driver's license and a secondary form of identification.
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You may also open your account by arranging for a payroll deduction, net pay deposit, or a direct deposit through your payroll department.
