Regular Share Accounts
The minimum requirement for membership in the Credit Union is a balance of $5.00 in a regular share account.
The Credit Union pays dividends on Share Accounts. The rate is declared quarterly; the dividend is added to the Share Account.
Since the rate can change quarterly, check with our office for the most current information.
IRA Accounts
We have IRA (Individual Retirement Accounts) available with special tax advantages for members wishing to provide something extra for their retirement years. Deposits and earnings on this account may be tax exempt until withdrawal. Contact our office for details on how this type of saving can benefit you and your spouse.
The Credit Union pays daily dividends on IRA accounts. The rate is declared quarterly. Dividends are paid at the end of each quarter.
Payroll Deduction
The simple and automatic way to make your money grow faster is to have it deducted and deposited directly to your Credit Union account through our convenient payroll deduction plan.
Insured Savings
Member share accounts (savings) are insured to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), an arm of the National Credit Union Administration (NCUA).
Interest Payment Policy
Refer to our Rate & Fee Schedule

Celco Federal Credit Union
PO BOX 361
Narrows, Virginia
24124
(540)921-2700
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