Share Account

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Share Account

An account at a credit union. A share account gives the account holder a percentage of ownership in the credit union. Because of this, share accounts earn dividends rather than interest.
References in periodicals archive ?
The $613 million Alabama One Credit Union saw its assets rise by $11 million over the close of last year as members increased checking and share accounts.
LearnLocker's "Personal3" and "Group3" subscriptions offer two free Share Accounts with every paid subscriber account.
Cash child trust funds, like any other savings accounts, have been affected by the numerous base rate cuts, although they remain a good option for those who don't want to take risks, compared to share accounts which have been badly hit by the turmoil in the markets.
WHEN deposit accounts are abolished, will they automatically become share accounts, or will you have to open a share account at a much higher minimum balance?
The NCUA has arranged the transfer of Telesis member share accounts to Premier America Credit Union.
The bonus dividend was based on dividends received on qualifying share accounts and/or interest paid on applicable loans.
Fryzel wrote that the extension, which was signed into law by President Obama last month, applies to all kinds of share accounts, including regular shares, share drafts, money market accounts and share certificates.
A SORRY, no These are deposit accounts - only share accounts qualify.
As of June 30, 2009, Watts United Credit Union had assets of approximately $800,000 and about 1,000 member share accounts.
Chartered in 1941, BFCU began operations with a small number of share accounts and limited loan availability but focused on providing quality member service.
The feature tracks the privileged checking accounts, queues the negative share accounts based on the number of days they have been overdrawn, and automatically generates letters to inform the account owners of the status and action required to "cure" the account.
There are already hundreds of applications available and licensing agreements have been signed with several phone manufacturers, whose combined handset market share accounts for around 60%.