Regular Savings
To establish your FRSA Credit Union (FRSACU) membership you need to open a regular share savings account with a minimum of $7, which includes $5 initial deposit, and a one-time $2 FRSACU membership fee. A minimum of $500 must be maintained to earn dividends on the account. Must have a minimum of one transaction on account per year to avoid a dormant account fee.
Benefits
- Funds easily transferrable to other accounts
- Earns competitive dividends
- Deposits insured up to at least $250,000 per individual depositor by the National Credit Union Administration.
- Other savings account options available
NCUA Share Insurance
Each member's account is federally insured to at least $250,000 and backed by the full faith and credit of the National Credit Union Administration, a United States Government Agency.
Feel free to contact a member services representative if you would like more information.