Save On Us (S.O.U.) Accounts
Think of a SOU SOU but with interest!
This type of planned saving for future purchases relieves you of the hassle of entering into interest-heavy credit relationships.
Each cycle starts in the months indicated above (January, May, and September) and runs until the respective maturity dates 10 months later (October, February, and June) at which point you will receive the lump sum of your collective savings (with interest) in time for Christmas, Easter or Summer!
NOTE: If you've missed the start of any of these plans; just ask your WCU Member Service Representative how you can "Pick Your Pay-out"!
The Save On Us Account provides all of the following benefits:
- Monthly Deposits can range between a minimum of $100.00 and a maximum of $1,500.00
- Interest is paid on the total amount saved at the end of the ten (10) month cycle.
- Savings can be transferred to shares for 1:2.5 loan of the amount saved.
- Penalties will apply for early withdrawals.