Some of the Most Attractive Savings Rates Anywhere!

Wave Share Savings…ownership with interest.

A Wave Share Account is the foundation of your membership. We call it a share because it represents ownership in Wave Federal Credit Union. You can join the credit union with a $5 minimum deposit. Your share account earns interest and you can choose from a basic share account or, for higher interest plus additional benefits, open an Electronic Share Account. As an added advantage, borrow up to 90% of your Share balance at a rate 3% over the interest you are earning on your Share Account.

Basic Share

• Earn interest
• No monthly fees
• Monthly/Quarterly statements
• Low $5 minimum balance

E-Share

• Earn a higher rate of interest than Basic Share
• No monthly fees
• Electronic statements
• Low $5 minimum balance

E-savings is a great way to earn tiered interest rates while enjoying all the benefits of the electronic media. You’ll be able to access your account 24-7 from anywhere there’s Internet access, pay bills, get e-statements immediately at the end of the month, obtain advance notification of upcoming general promotions and more. Plus, you can borrow up to 90% of your E-Savings balance at a rate 3% over the interest you are earning on your E-Savings Account. You’ll also be doing your part by “going green.”

• $2,000 minimum to earn interest
• Tiered interest rate levels
• Unlimited withdrawals per month
• Convenient electronic statement

Whether saving for the short or long term, there’s a CD that’s just right for you. Choose terms ranging from 3 months to 5 years. Some of our CDs even have a “bump up” feature letting you increase the rate of your CD should interest rates increase during the period. You can also borrow up to 90% of your CD balance at a rate 3% over the interest you are earning on your Certificate of Deposit.

Planning for the holidays or a vacation can be made easier by opening a Wave Club Account. Our Holiday account runs from October 1 to September 30 with distribution to your Share account in early October. Vacation Clubs run from June 1 to May 31 with distribution in early June. Club accounts are easy to open anytime and you can contribute as much or as little as you wish automatically. Deposit funds online, over the counter, by mail, payroll deduction or direct deposit.