Summer Saver
Having the summer off often means having no paycheck. But with our Summer Saver account you'll be prepared. For classified and certificated school employees on a 10- or 11-month pay schedule, the Summer Saver account ensures you will have sufficient funds to get you through the months you don't receive a paycheck. Or, if you prefer, you can use the account to save for that summer vacation you've been daydreaming about.
Features
- Variable rate account
- Available to all school employees
- Flexible withdrawals—penalty-free withdrawals allowed anytime during the summer months or throughout the year
- Monthly deposits through payroll deduction or direct deposit only
- Minimum monthly deposit is $50; maximum monthly deposit is $2,000.
- Choose any date between June 1 and August 31 of each year to have funds automatically transferred to your share account.
Summer Saver Account Rates
Variable rate account. Rates effective as of 11/20/2009 and are subject to change daily.
|
Min. Opening Balance
|
Dividend Rate
|
APY
|
 |
No minimum opening balance. $50 minimum monthly deposit by payroll deduction or payroll direct deposit only.
|
3.92%
|
4.00%
|
 |
APY = Annual Percentage Yield
For more information, or to open your Summer Saver account, simply visit any
branch or call our Telephone Service Center
at 714/258-4000 or 800/462-8328, Monday through Friday, 7 a.m. to 7 p.m., and Saturday, 9 a.m. to 3 p.m. Or, print and mail
a completed
Summer Saver enrollment form.