Savings
Your membership in our cooperative and the first step on your financial journey.
Your Primary Share Savings account is a great way to save, and also establishes you as a member-owner of True North.
- No monthly fee
- Dividends compounded quarterly
- $50 minimum balance to earn dividends
- $5 Minimum to Open
- Access by ACH, Mastercard Debit or eBanking^
- Early Payday: Receive your direct deposit up to 2 days early*
Call to open a True North Checking Account today
^Data and other wireless carrier charges may apply.
*Early Payday is available for True North members that set up direct deposit to receive their paycheck or other regular deposit into their True North account. If the payer sends their direct deposit file to us early, telling us ahead of time that the direct deposit is coming, True North may make those funds available to you when we receive that notice instead of waiting for the direct deposit funds to clear on the effective date of your deposit. Early posting of deposits is not guaranteed and is dependent on when notice is received from the payer’s financial institution. Restrictions and limitations may apply. See the Member Agreement for more account information.
Have a trip or special project you are saving for? Open a second Share Savings to keep those funds organized and separate.
Save for your child’s future education with our Coverdell Education Savings Account*
- Increase investment earnings through tax deferral as long as the funds are used for a minor’s education expenses.
- Tax-Deferred.
- Withdrawals may be tax free
- Family Income limitations may apply
Call to open a True North Checking Account today
*Before opening, please consult your tax advisor to understand how these accounts will impact your taxes today and in the future.