Services


Share Draft

Enjoy Free Checking from Central Valley Federal Credit Union!

For your convenience, we offer a Share Draft checking account that provides members with the ability to write an unlimited number of checks from this account. Direct Deposit, Payroll Deduction and ACH transactions are also available with this account.

Members may open a share draft account at any time after opening a share savings account. There is no minimum balance requirement to open a share draft account, however, members must maintain $100 in their regular share savings account. There is no minimum balance requirement or monthly fees on this account.

Savings Account Type Annual Percentage Yield Dividends Compounded Dividends Credited Dividend Period Minimum Opening Deposit Minimum Balance to Avoid Service Charge Minimum Balance (to earn the stated APY) Balance Method
Share Savings .05% APY Quarterly Quarterly Calendar Quarter $50.00 N/A $100.00 Average Daily Balance
Christmas Club .05% APY Quarterly Quarterly Calendar Quarter $5.00 N/A $100.00 Average Daily Balance
Vacation Club .05% APY Quarterly Quarterly Calendar Quarter $5.00 N/A $100.00 Average Daily Balance

Share Savings Account

All members are required to open and maintain a Share Savings Account with an opening balance requirement of $50.00 and a one-time membership fee of $1.00.

Dividends on your Share Savings Account are compounded and credited quarterly on your average daily balance of $100.00 or more.

Certificates of Deposit

A Share Certificate is a great way to invest for the future. Dividends are credited and compounded quarterly on your average daily balance. Rates are subject to change. Check with the credit union for current rates.

Term Minimum to Open APY
6 Month CD $500.00 .15%
12 Month CD $1,000.00 .25%

Christmas Club Account

A Christmas Club Account is a great way to save for holiday expenses. You may open a Christmas Club Account at anytime during the year with no minimum balance requirement. Make regular deposits to your account as a way to save for holiday expenses. Your dividends are compounded and credited quarterly on your average daily balance of $100.00 or more. On November 1, our checks will be issued for your holiday shopping.

Vacation Club Account

A Vacation Club Account is a great way to save for that trip of a lifetime or any other specific need you may have. Some use their tax account for property taxes.

You may open a Vacation Club Account at anytime during the year with no minimum balance requirement. And, you can make regular deposits to your account throughout the year. Your dividends are compounded and credited quarterly on your average daily balance of $100.00 or more.

Vehicle Loans

Central Valley Federal Credit Union offers members a wide variety of loan programs for different needs. See our current vehicle rates/terms listed on our Loan page.

Share Secured Loans

To apply for a Share Secured Loan simply stop in the office for an application. You may also call or e-mail a request for an application to be mailed to you. Automatic payment is available with any of our loan services. One monthly payment for each loan is required to be maintained in the member's regular share account.

There is a refundable $10.00 application fee which will be deducted from the shares but at the time of loan disbursement, the fee will be replaced into the share account. If the loan is rejected, the $10.00 application fee is forfeited.


Apply for a Loan

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.