As Crosstown Civic CU has Accelerate.................... | Page 2 | General financial discussion | Discussion forum

Please consider registering
guest
sp_LogInOut Log Insp_Registration Register
Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search
Forum Scope


Match



Forum Options



Minimum search word length is 3 characters - maximum search word length is 84 characters
sp_Search Search
Go to Bottom
Page: 12Jump to page
sp_Feed Topic RSSsp_TopicIcon
As Crosstown Civic CU has Accelerate....................
March 12, 2013
4:32 pm
GS1
Member
Members
Forum Posts: 398
Member Since:
February 22, 2013
sp_UserOfflineSmall Offline
Go to Top
21sp_Permalink sp_Print

kanaka said
[snip]

Are we talking about SAVINGS ACCOUNTS OR GIC'S?

maxi said in Post 13 of this thread

I had a savings account with SCU several years ago, however, they do not pay daily interest that is paid monthly to the account. It is MONTHLY interest paid annually and it is based on your month end balances. I'd ask a few questions to see if they changed this approach before sending your money.

Looked to me to be SAVINGS ACCOUNTS but I could well be wrong.

Greg

March 12, 2013
4:38 pm
maxi
Member
Members
Forum Posts: 19
Member Since:
March 2, 2013
sp_UserOfflineSmall Offline
Go to Top
22sp_Permalink sp_Print

Sorry...I meant to say " minimum monthly balance" not the last day of the month. It's been a long day and I was typing quickly. Either way, your monthly interest is calculated on the lowest balance for the month and paid annually with Steinbach Credit Union. It is not the same as a Daily Interest Savings account.

March 13, 2013
1:58 pm
Deb
Member
Members
Forum Posts: 63
Member Since:
March 7, 2013
sp_UserOfflineSmall Offline
Go to Top
23sp_Permalink sp_Print

Looks like SCU just joined the pack and dropped their rates to 1.80%. That, plus their annual interest rate structure and difficult sign up procedure, is making them much less attractive.

Page: 12Jump to page
sp_Feed All RSS
Go to top

Please write your comments in the forum.