Savings Account

Your Savings (“Share”) Account is how you become a member of CES Credit Union. All it takes is a $5.00 initial deposit (which stays in the account) and a one-time $1.00 Membership Fee. Here are just some of the benefits of your Savings Account:

  • Allows basic membership with $5.00 initial deposit, and must be maintained to keep membership status
  • Quarterly statement
  • Dividends paid quarterly at competitive rates
  • No activity charges
  • Free unlimited withdrawals at any CES Credit Union ATM location
  • Four free ATM cash withdrawals per month at ATM locations other than CES Credit Union ($1 charge/use after 4 withdrawals)

Minimum Balance: A deposit of $5.00 is required. This amount is equal to one share

Dividends: Dividends (more commonly known as "Interest") will begin to accrue on the date of deposit. Dividends are calculated using the daily balance method which applies a periodic rate to your daily balance for the dividend period. If you close your account before dividends are credited, you will not receive accrued dividends.

Minimum Balance to Receive Dividends: Dividends will be paid on your entire balance for any day you maintain a minimum balance of $100 or more. With the exception of members under age 18, who will receive dividends on their actual daily balance regardless of the amount.

Payment of Dividends: Dividends are declared and credited on the last day of each calendar quarter. Until a new rate is declared by the credit union Board of Directors the rate last paid will be the current anticipated rate. Dividends are paid from current income and available earnings.

Fees: There are some fees that may affect your credit union accounts. The credit union does not impose fees except where extra processing or handling of the accounts is needed.

Among the fees are...

  • Low Balance/Low Relationship Fee per month - $3.00 (a minimum of $5.00 balance in your savings at all times)
  • Overdraft Fee per item - $27.00
  • Funds Transfer Request by phone - $1
  • Stop Payment of one check $15 or series of 2 or more $25 (This is free on ACCESS Online)

Transaction Limitations: You may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction, during any calendar month. Not more than three of the six transfers may be made by check, draft, debit card or similar order to a third party. If you exceed these limitations your account will be subject to an "Excess Transfer Fee" and possible closure by the credit union.

Incoming Wire Instructions

Wire Funds to:
Corporate One Federal Credit Union
Routing Number:  2440 8426 4

(The funds must go to Corporate One Federal Credit Union first)

For Further Credit:
CES Credit Union, Inc
1215 Yauger Road
Mount Vernon, OH 43050
Routing Number:  244180537

Final Beneficiary:
Must reference both the Name and Account Number

For any questions, please contact us at (740) 397-1136