PortAlliance Federal Credit Union

Share Savings Accounts

A share savings account is similar to a regular savings account at other financial institutions. Credit unions often call them share accounts because it represents your “share”, or ownership, of the credit union. PortAlliance requires $25 minimum balance in this account to be a member. Dividends are paid on balances over $100, and are accrued daily and paid quarterly.

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Your Accounts are Federally Insured


Your savings are federally insured to at least $250,000 by the National Credit Union Administration, a U.S. Government Agency. For more information about the NCUA and share insurance, please follow the links below:

NCUA's Share Insurance Estimator
NCUA's brochure about How Your Accounts are Federally Insured
NCUA's Frequently Asked Questions
NCUA's brochure about Your Insured Funds
NCUA Share Insurance & You - How to Maximize Your Coverage