 Cheque Account
Visa Card
Bill Paying Overdraft
Direct Credit
Payroll Deduction
Direct Debit
At Heritage Isle Credit Union , we believe savings accounts should encourage you to save, not merely provide access to your funds when you have the urge to spend. We offer many different options to suit you and your families needs. - Junior Savers Account
- Christmas Club Account
- Budget Account
- Cheque Accounts
- Savings Investment Account
- Housing Department Rent Account
- Planned Savings
- Junior /Teen Saver Account
Junior Saver Have you heard about the wonderful savings accounts that Heritage Isle Credit Union has for children under the age of 18? Parents, grandparents and family members can encourage junior family members to save by opening a Junior Saver Account today. There are some excellent saving incentives available for studious savers. These accounts encourage our junior members to save and also play an important role in helping to establish sound money management skills that will last a lifetime. Look at some of the magnificent rewards available when savings targets are reached. - Sipper bottle
- Library Bag
- T-Shirt
- Beanie
- Insulated lunch box
- Back Pack
- CD Holder
- Compendium
- Sports Bag
- Windcheater
These a just a few of the great prizes available. Next time you visit your branch just ask one of our friendly staff for an application form. A minimal subscription of $2.00 will open a Junior or Teen Saver Account. Christmas Club Account Whilst Christmas is a wonderful time to enjoy with family and friends it also brings with it considerable financial pressure. Why not be prepared? A modest allocation each week can mean your Christmas expenses are well and truly covered. Talk to our staff about a Christmas Club Account - your money can be building up without you being largely out of pocket. CHRISTMAS CLUB READY RECKONER
| F/N deposits from March | Savings by December | | $20.00 | $460.00 | | $50.00 | $1150.00 |
Key Features The Member can nominate to draw on the funds directly from the Christmas Club: or transfer the funds to another account type within the same membership number. If the Credit Union does not receive any advice from the Member, the funds will remain in the Christmas Club.
If the Member elects to have the funds transferred to another account, a signed transfer form will need to be presented to a Branch of the Credit Union.
The Credit Union will pay interest, calculated on the minimum monthly balance, on the 31st of October each year. The Christmas Club will be automatically renewed each year, if not closed. If you have a payroll deduction it will continue on for the next year. Budget Account This Account can be used as a budget account. The following facilities can be attached: - Bill Paying
- Payroll Deduction
Cheque Account Generally, this account is used to pay fixed periodical payments only. No interest is calculated on this account. - Cheque Accounts
- Cheques Cleared within 3 days
- Convenient non-electronic option
- Cheque account attached to your general savings account (S1)
The Heritage Isle Credit Union cheque account is ideal for people who prefer to pay bills and other expenses by cheque rather than electronically. This Cheque facility operates off members S1 account so no new accounts need to be opened. You can access your funds directly. Savings Investment Account This is an at-call savings investment account that pays a higher rate of interest and which requires a minimum balance of $1000. The following facilities may be attached to the account: - Bill Paying
- Payroll Deduction
The Credit Union will pay interest, calculated on the daily balance and paid quarterly. The minimum balance to be held in the account is $1000, if the balance of the account falls below $1000 the account will earn no interest for the days that it remains below $1000. Housing Department Rent Account This account is specifically for Housing Department Rent and must be credited by Payroll Deduction. A Periodical Payment must also be set up to allow the payments to be forwarded. The following facilities are available: Planned Savings This is an at-call savings account designed to help you budget, by keeping your money separate from your main working account. The following facilities may be attached to the account: - Bill Paying
- Payroll Deduction
The Credit Union will pay interest, calculated on a minimum monthly balance and is paid yearly on the 30th June each year.
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