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Chartway Savings: Custom Share Account

The Custom Share Savings account is an interest-earning account that allows members to save money for a specific purpose, while earning higher dividends with a low balance requirement.


Product Features
  • Dividends compounded quarterly
  • Account names can be personalized (ex: Christmas Funds, College, Vacation, etc.)
  • Funds can be used to secure a low interst loan

Requirements
  • Must be a Chartway member (have a Prime Share account)
  • Eighteen years of age or older
  • $1.00 deposit required to open account
Federal Reserve Regulation D restricts transfers from savings to no more than six per month. These transfers include overdraft transfers, pre-authorized ACH debits, phone transfers, eBranch Internet Banking and Call-24 transfers.
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