Savings (Shares)

In credit union terminology, savings are referred to as shares as once you open an account with a mimimum of $50.00 and pay a $1.00 membership fee, you become a member and owner of our credit unionWe offer a variety of savings accounts with very competitive rates. In addition, you can rest assured knowing that the funds deposited in our credit union are insured by the National Credit Union Share Insurance Fund (NCUSIF) for at least $250,000.00 per account.  Please click here to calculate how much of your savings (shares) are insured or if you have questions regarding the NCUSIF.

Regular Savings (Share) Account

Open a Regular Savings (Share) Account with a minimum balance of $50 plus a $1 non-refundable membership fee and you become a Member-Owner of Wailuku Federal Credit Union.  Once you become a Member-Owner, you are able to take advantage of all the great products and services that we have to offer and you also become an owner of our credit union.  Deposit money into your Regular Share (Savings) Account in case of an emergency or for a financial goal while earning a very competitive yield.

Membership Eligibility  

Checking (Share Draft) Account

Open a Checking (Share Draft) Account with a minimum opening deposit of $50.00.    Some of the features of our Checking (Share Draft) Account are:

  • No minimum balance after account opening which means no below minimum fee that many institutions charge
  • Initial order of checks of a selected design is free
  • Use of a debit card for cash withdrawals from an ATM and point-of-sale purchases
  • Free Bill Pay
  • Pays dividends
  • View your cancelled checks online

Share Certificates (Certificates of Deposit)

Want to earn a higher yield and don't need access to your money for 6 months or longer?  Open a Share Certificate with terms starting from 6 months to 24 months. Shop around and you'll agree that we offer very some of the higher yields.  The minimum balance to open a Share Certificate is $1,000.00.

Holiday Savings (Share) Account

Ever been short of cash for the holiday season?  Make sure that this doesn’t happen to you by making deposits on a regular basis throughout the year into a Holiday Savings Account.  The funds that you deposit during the year will be available for withdrawal annually on October 1, which will be just in time for the holiday season or any other expense you’d like to save for.  Open a Holiday Savings (Share) Account and start saving today!