Whether you are 20, 25, 30, 35, it’s never too early to start thinking about your retirement. The earlier you start saving the better off you will be.
Start building now for your golden years with an MRA and help fill the gap left by Social Security and pensions.
Interest is paid annually on the MRA.
The MRA is:
NCCU members can open MRA accounts up until the day of their fiftieth birthday. Visit any of our seven (7) Branches with your birth certificate and complete an MRA application form.
Click here to view the MRA application.Note: All members with MRAs can keep the account open till age 60. Members have the option, however, to close the account anytime after age 55 without any interest penalty.
Are You 60? Well, it’s not too late. NCCU has introduced a NEW Members’ Retirement Account with you in mind. You can continue growing savings now for your golden years with a MRA Gold account.
The MRA Gold:
NCCU members can open a MRA Gold account between the age of 60 and 65
Visit any of our seven (7) Branches with your birth certificate and a valid picture identification and complete an MRA Gold application form.
Click here to view the MRA Gold application form.NCCU welcomes young persons to its family of depositors through its Deposit Account. This account helps families maintain a tradition of membership in NCCU. A Deposit Account can be opened by parents and guardians for infants and children under 15 years. It can be used to teach young persons the importance of saving.
Use an ordinary Deposit accountt to manage the money you need for monthly expenses.
Save for purposes such as vacation, insurances, taxes, car repairs in special deposit accounts.
Ask a teller to open one or more special deposit accounts for you. Name them for your purpose–eg. Education, Vacation etc.
Christmas is a time for giving, sharing and celebrating. And we know nothing feels better than having the money to do all these things with your loved ones during the holiday season. With a Christmas Club Account you can save towards the next holiday season.
If you are already a member, simply come in and ask a teller to open an account for you.
If you are not yet enjoying the benefits of NCCU membership, join NCCU and open a Christmas Club account at the same time.
Our Dollar Day Account is a special savings account designed to encourage members to be thrifty and to save $365 a year by saving small amounts regularly. Use it to save for special events and rainy days.
Member Share Capital is not savings. It represents members investment in their credit union and forms the share capital of the Credit Union. Shares are your equity in NCCU and cannot be withdrawn.
The price per Share is only $50, and new members must purchase at least one.
A Share needs to be purchased for each beneficary you name to your account.
Do consider purchasing a Share annually for building up your share capital and strengthening NCCU’s capital base.
Take Note: Members requesting loans are required to invest in more than one Share.
