Savings

Share Savings	Share Certificates	Money Market	Savings Bonds	Christmas Club
FSCU Youth Club	Health Savings Account's	Organization Accounts	IRA's

Share (Savings)

$10.00 minimum balance
Dividends compounded quarterly
Shares insured by NCUA
Click here for our current rates

Share Certificates

$1,000.00 minimum
There may be a penalty for early withdrawals
Click here for our current rates

* Be sure to check the What's New section for any CD Specials

Money Market

Dividends paid monthly
$2500 minimum to earn dividends
Click here to view our current rates

Savings Bonds

Purchase and Redeem

Christmas Club

Build savings for Christmas
$5.00 early withdrawal fee
Click here to view our current rates

Your Money is Insured…

Franciscan Skemp Credit Union is federally insured up to $250,000 by the National Credit Union Administration (NCUA). The NCUA is an independent agency of the US Government.

FSCU Youth Club

Our Youth Club is just for members who are between the ages of birth to 22 years. As a Youth Club member you will enjoy these benefits:

	Birth - 4 years old $100.00 CD for 12 months. You can add to the CD twice a year.
	4 - 8 years old - A-Club: Adventures with Money $100.00 CD for 12 months. You can add to the CD twice a year. A birthday card sent to you on your birthday. Coloring Contests (periodically).
	9 - 12 years old - K-Club: Kool Cash Club $250.00 CD for 12 months. You can add to the CD once a year. Share Draft account joint with your parents - Your first box of checks are FREE. Debit Card joint with your parents. A birthday card sent to you on your birthday.
	13 - 18 years old - E-Club: Extreme Growth $500.00 CD for 12 months. You can add to the CD once a year. Share Draft account joint with your parents - Your first box of checks are FREE. Debit Card joint with your parents. Visa Credit Card joint with your parents. A birthday card sent to you on your birthday.
	19 - 22 years old $500.00 CD for 12 months. Share Draft account - Your first box of checks are FREE. Debit Card Visa Credit Card Loans A birthday card sent to you on your birthday.

If you (or your child) currently have a share (savings) account, you are automatically enrolled in the Youth Club.

To join our Youth Club, please stop at our office and sign up. We only require a $10.00 minimum deposit into a share (savings) account.

So, stop in today and see what our Youth Club can do for you! If you have any questions, please call one of our Member Service Representatives.

Organization Accounts

Organizations that qualify for membership may open share, share draft and share certificate accounts
Different rate/fee structure may apply
Please contact Franciscan Skemp Credit Union at (608) 785-0377 for details

Health Savings Accounts

A Health Savings Account is a tax-exempt account established to pay for qualified medical expenses in conjunction with a high deductible health plan (HDHP).

Who can have a HSA?

Any adult can contribute to an HSA if you have coverage under a HSA-qualified HDHP. 2009’s single deductible is $1,150.00 and the maximum out of pocket is $5,800. Family coverage for 2009 is a deductible of $2,300.00 and the maximum out of pocket is $11,600.00. These amounts can change every year.

You can not generally be covered by other health plans (other types of insurance like specific injury insurance, accident, disability, dental care, vision care insurance are permitted). If you are unsure if you are eligible for a HSA, check with your HR Department.

You can not be enrolled in Medicare or receive Veterans Administration Medical benefits in the previous three months.

You can not be claimed as a dependent on someone else’s tax return.

HSA Contributions

Contributions can be made by you, your employer or both. However, the total contributions are limited annually and the amounts can change every year. If you make a contribution, you can deduct that amount when completing your federal income tax return.

Using your HSA

You can use the money to pay for any qualified medical expenses permitted under federal tax law. This includes most medical care and services, dental and vision care, and over the counter drugs such as aspirin. You can use the money in the account to pay for medical expenses for yourself, your spouse or your children.

FSCU now has HSA’s available - please contact us for more information.