Savings Accounts

Our savings accounts are also called share accounts because they represent your ownership in Prairieland Federal Credit Union. Each share account pays monthly dividends on the average daily balance.

We offer children (0-12) /teen (13-17) savings' accounts for members. And, when a child/teen opens their savings account, they will be signed up for the Children & Teen ADVANTAGE Savings Club for chances to WIN prizes quarterly!

A $25.00 deposit into a savings (share) account, along with your driver's license and social security number, will be required to activate your membership. Once you become a member, you are eligible for any other accounts and may apply for loans.

NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” are insured in full by the National Credit Union Association from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the NCUA's general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov