Save & Earn Accounts

Dividend bearing accounts promote financial growth
accounts
Regular Savings
Whether saving for a specific purchase or simply stashing more away for a rainy day, our dividend-earning savings accounts have you covered!

Establish membership with $5 minimum deposit (Minimum $5 must remain in account)

Up to 6 free withdrawals/month
Money Market Accounts
Is it savings? Is it checking? It’s actually both! Earn more money & convenience with a money market account.
Club Accounts
Save a little at a time throughout the year for a specific purpose so you can reap the benefits of your hard work when the need rolls around!
Holiday Club Accounts
Prepare for the expensive holiday shopping season by saving throughout the year.

Funds transferred to members’ savings each October

No minimum balance required

Up to 6 free withdrawals/month
Vacation Club Accounts
Stash funds away for a vacation getaway!

Withdraw as necessary

No minimum balance required

Up to 6 free withdrawals/month
Certificates of Deposit (CDs)
Plant the seeds and watch your savings grow! Save faster with a CD.

Open CD with minimum balance of $500

Available terms 3 – 60 months

Can be used for IRAs
IRAs
Make the golden years the best years. It’s never too early to start saving for retirement!
Roth IRAs

Not taxed on withdrawals if Roth IRA account is 5 years old and member is 59½ years old

No minimum amount required

Members under 50½ years of age can contribute up to $6,000 per year and up to $7,000 if 50½ years of age or older

Contributions have already been taxed, so the principal amount is never subject to taxes or penalties in the future, as long as you stay within the contribution guidelines

Contributions grow tax deferred. If you do not withdraw any of the earnings until you have had the IRA for at least 5 years and have a qualifying event, those earnings become tax-free

There is no 70½ year age limit on making contributions. You do, however, need earned income, which is defined the same as for Traditional IRAs. As long as you satisfy the Roth IRA requirements, you may contribute to a Roth IRA, even after the year in which you reach 70½ years.
Traditional IRAs

Can be open & funded without employer participation

No minimum amount required

Earnings are tax-deferred until withdrawn

Provide full accessibility to your funds; 10% early distribution penalty if younger than 59½ years

Completely flexible as there is no minimum contribution in any year

Between age 50½ and 70½ years may contribute a maximum of $7K per year
Coverdell Savings Accounts

Contributions are not tax-deductible, but the contributions may earn interest tax deferred until distributed

The child will not owe tax on any withdrawal from the account if withdrawal is equal to or less than the child’s qualified education expenses at an eligible educational institution for the year

Amounts withdrawn from an ESA that exceed the child’s qualified education expenses in a taxable year may be subject to income tax and to an additional penalty of 10%

If the child doesn’t need the money for pre- or postsecondary education, the child may roll or transfer the balance to an eligible family member’s ESA or to a qualified tuition program (QTP)

Allows after-tax contributions of $2K per year for each child until they reach 18 years of age. Contributions and earnings are tax free when withdrawn to pay for qualified education expenses which include tuition, fees, books, supplies and equipment.
*The Credit Union provides no legal advice to members and provides the foregoing information from a reliable resource to give our members a basic understanding of these services. You should consult with your tax or legal advisor regarding any particular and the current status of applicable federal and state laws.
Personal Checking
Save. Earn. Spend. Checking with the flexibility and convenience you need to live your life!

No monthly fees

No per check charges

No minimum balance requirements

Dividend-earning on daily balances of $250+*

Overdraft Protection or Courtesy Pay feature**

First order of checks Free
*You must maintain a minimum daily balance of $250.00 in your account each day to obtain the disclosed annual percentage yield. | **Members are eligible for the Courtesy Pay feature after 6 months of satisfactory performance on a share draft account. This feature offers overdraft protection for a fee. Call the credit union for details
Business Checking
Simple solution for your not-so-simple organization.

No monthly fees

No per check charges

No minimum balance requirements

Dividend-earning on daily balances of $250+*

Overdraft Protection or Courtesy Pay feature**

First order of checks Free
*You must maintain a minimum daily balance of $250.00 in your account each day to obtain the disclosed annual percentage yield. | **Members are eligible for the Courtesy Pay feature after 6 months of satisfactory performance on a share draft account. This feature offers overdraft protection for a fee. Call the credit union for details.
Direct Deposit
Fast & worry-free access to your funds.

Automatically deposit your payroll, Social Security, pension, or any other recurring check directly into your checking or savings accounts

Supply the necessary information to your HR department to set up direct deposit and automatic withdrawals (ACH)

Routing #261071522 (Used by the ACH to route your debit/deposit to the correct financial institution)

For a withdrawal or deposit for your Savings and/or Checking Account, you will use your 710580 followed by your Six Digit Primary Account number and the check digit provided by the credit union. The account number should be a total of 13 characters.
NOTE: If the Primary Account number is less than 6 digits, add leading zeros for a total of 6 digits.
Payroll Deduction
If you are an employee of Southern Company Gas, you can establish payroll deduction at Mutual Savings Credit Union to have funds automatically deducted from your paycheck and deposited into your savings account or checking account or applied to make loan payments.
VISA® Debit Cards with SecureLock
Easy & automatic card access to your funds

Shop globally online or anywhere VISA® is accepted

Add card protection with SecureLock mobile app– Establish spending limits, set alerts, turn card on & off and receive fraud notifications. – Download the “SecureLock” app from the App Store® or on GooglePlay™ to get started!

Use at an ATM to access savings & checking accounts; withdraw funds; & make balance inquiries

Don’t recognize a transaction? Complete a Dispute Form