Share Savings Account
We offer a variety of basic savings accounts including Regular, Special Savings and Holiday Club Savings Accounts. When you open a share savings account, you become an owner in Sonoma Federal Credit Union. A $5 deposit into a share savings account is required to establish your membership ($100 balance required to earn dividends). This account offers a variety of benefits including:
- Competitive dividend rates
- Dividend rates may increase as balances grow
- Up to 3 withdrawals per month penalty-free
- Direct deposit available
- Receipts and quarterly statements replace passbooks
- Dividends compounded and paid monthly
Special Share Savings
These accounts are available at the same rates and terms as a Share Savings account. Use these accounts to assist you with budgeting for future bills that need to be paid such as property taxes or insurances or special occasions or purchases such as vacations, weddings or that big screen TV. You can actually have your special share savings titled with a specific name chosen by you, for example: taxes or wedding.
Holiday Club Savings
This is an easy way to save for any holiday. You can have direct deposits from your Share Savings account or checking account to your holiday club savings on a monthly basis. The Holiday Club Savings may pay a higher dividend rate from time to time. The terms are the same as the Share Savings account.
Contact us by email at firstname.lastname@example.org or (707) 527-6216 to open your new Special Share Savings or Holiday Club Savings.
To print and complete the membership application prior to joining Sonoma Federal Credit Union, Click here. To check on membership eligibility or how to join, click here.