Regular Share (Savings) Account
Our regular share (savings) account is the basic savings account you open to begin your membership in the credit union. The minimum balance required is $5.00. This $5.00 must remain in your account at all times in order to continue your membership. In order to earn interest, you must have a minimum savings balance of $100.00. Regulation D (Reg D), a regulation imposed by the Federal Reserve Board on all financial institutions, sets limits on the number of monthly transfers and withdrawals that can occur for a Savings account. Members with Savings are limited by this federal regulation to making six (6) automatic withdrawals or transfers per account, per calendar month from any of these accounts. Any withdrawals after the 6, will be assessed a $5.00 excess withdrawal fee.
Share Draft (Checking) Account
The share draft (checking) account requires no minimum balance, charges no service fee or per check fee. Images (front/back) can be provided with your monthly statement, depending on the type of account you choose:
Budget Account
We provide first 100 checks, interest is not earned on this account and no check images with monthly statement.
Traditional Account
minimum balance of $500.00 to earn interest, check images with monthly statement if desired.
Senior Account
For seniors 55 years or older, $0 minimum balance to earn interest, we provide 2 boxes of checks per year, check images with monthly statement if desired.
Open a Share Account Today
If you’re interested in opening a share account at Rock Island Credit Union, feel free to call us at 405-262-1463 or stop by for assistance.
To make your experience fast and easy, please have the following information ready:
– Social Security Number (ITIN holders may require additional documentation)
– Government-issued ID (e.g., Driver’s License, Social Security card for Minors, US Passport)
– Proof of Physical Address (A PO Box is not a valid form of physical address)
– Funding information for your new account (e.g., Debit Card, Credit Card, Checking or Savings Account Number, and Routing Number). Fund availability may be subject to review.
We’re excited to assist you in opening a share account and supporting you on your financial journey!
Join the RIL Credit Union for the Community
Rock Island Credit Union proudly serves individuals who live, work, worship, or attend school within the El Reno area or in one of the eight counties in our field of membership. These counties include Canadian, Cleveland, Grady, Lincoln, Logan, McClain, Oklahoma, and Pottawatomie.
Membership with us entitles you to many free and low-cost benefits. As a shareholder, we can return our earnings to you in the form of higher interest rates on savings and lower rates on loans.
Become a Member Today
If you want to join Rock Island Credit Union, feel free to call us at 405-262-1463 or stop by for assistance.
To make your experience fast and easy, please have the following information ready:
- Social Security Number (ITIN holders may require additional documentation)
- Government-issued ID (e.g., Driver’s License, Social Security card for Minors, US Passport)
- Proof of Physical Address (A PO Box is not a valid form of physical address)
- Funding information for a new account (e.g., Debit Card, Credit Card, Checking or Savings Account Number, and Routing Number). Fund availability may be subject to review.
We look forward to welcoming you to our community and helping you achieve your financial goals!