Share & Club Accounts
When you join Red Wing Credit Union, you are required to set up a Share Account with a minimum of $25. This interest-earning account reflects your ownership share in the credit union.
Club Accounts act like a spare change jar – except they earn interest! You can automatically transfer a small amount each pay period into a Club Account and build a nest egg for your holiday shopping or for your dream vacation.
The Christmas Club is our most popular Club Account; other types include Escrow and Vacation. You can even create and name your own Club Account that’s just right for you.
All savings accounts earn dividends on a daily basis and are paid monthly. This gives you the highest yield possible on your investment.
Money Market Account
Want a high-dividend rate without a long-term commitment? Try a Money Market Account. You can make unlimited deposits, and up to three withdrawals or cleared checks each month, all with a minimum balance of $2500.00.