Premier Investment Savings
Our Premier Investment Savings
At Northern Lights, we understand that your time is valuable. We don't believe you need to waste time seeking the next certificate rate, hoping you didn't invest too early or too late. Let us help you spend your time doing things you enjoy by offering you our Premier Investment Savings option.
The Premier Investment Savings option is for those seeking an investment alternative and requires a minimum balance of $20,000 to qualify and not incur a monthly service fee of $25.
Call today for details and current rate information and watch your savings grow!
What You Get!
Current Rate Specials
Some items that also should be covered in such a fund include health and car insurance deductibles, rent or mortgage, food, energy bills, and phone bills. Get your rainy-day fund started by doing the following:
Aim low if you can’t amass the recommended cash. If you’re burdened with debt and your income is low, you can still set up a decent emergency fund. Aim for one that will cover at least one month of expenses. A cash reserve should be a priority—even over your 401(k) contributions.
Consolidate debt. Now stop using the credit card. Make the minimum monthly payment so you can build up savings for one month of living expenses. After you’ve done that, then you can turn your attention to other goals, such as retirement savings and paying down debt.
Steer clear of the stock market. You’ll want to put your emergency money in a place where you can easily get your hands on it. The two best options are a savings account at a credit union, or a money-market mutual fund. Note: Although a money-market fund isn’t federally insured, it typically has higher interest rates than a savings account.
Yes. Your deposits are insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. Call customer service at 800-856-0026 for a pamphlet for more information.
You can make deposits in person, by mail or by ATM. You can also make deposits conveniently through payroll deduction or Remote Deposit Capture.
A total of six electronic withdrawals or transfers per month are allowed from all Savings and Money Market Accounts. However, unlimited withdrawals and transfers can be made through an ATM or in person at a NLCU branch.
Ways to Apply
You must first become a member of Northern Lights if you already are not.
The credit union makes loans without regard to race, color, religion, national origin, sex, handicap, or familial status.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.