Eligibility for membership is open to any employee of the City of Neenah; employees of the Neenah Joint School District; Neenah Water Utility; other employees of the Neenah municipalities who engage in providing services to the City of Neenah, employees of the State or Federal Governments employed within the boundaries of the Cities of Neenah or Menasha, and any municipal or school district employees who work in Winnebago, Calumet or Outagamie counties, and any employees who are contracted to work for the City of Neenah or the Neenah Joint School District.
The minimum amount to open an account is $5.00 and the minimum amount to earn interest is $15.00. As a member you have an equal share of ownership as all other members and you are eligible for many of the great services at CONE Credit Union. You are also eligible to run for a position on the board of directors to help influence the financial growth and stability of CONE Credit Union.
All it takes is to stop in and open an account or go to the forms area of the website and print one, fill it out, and get it back to us with your initial deposit.
A $5.00 deposit into an account makes you eligible to receive all the great services and rates that are available. Savings accounts are insured by NCUA up to $250,000. Savings accounts require $5.00 to become a member – $15.00 to receive interest. Interest is accrued daily and posted monthly. A savings account at CONE opens the door to many financial services and allows you to become a part owner of your credit union. Each account has one voting share at the annual meeting which allows every member to have an equal say in what happens at CONE Credit Union.
Our two types of savings accounts are our regular savings and our sub share savings account. For both of these we currently are paying a rate of 0.20% yielding 0.20% for balances between $15.00 up to $5,000.00. Over $5,000 has a rate of 0.25% yielding 0.25%. Our members use their sub shares typically for items such as vacations, property taxes, weddings, home purchases and other things they are planning for but don’t want to have these funds mixed with their day-to-day savings.
For October 2016 – October 2017, the rate will be 0.25%. We post the dividends and disburse the Christmas Clubs on October 15. Members are allowed to withdraw from their Christmas Clubs, however they do forfeit the interest accrued on that amount up to the date of withdrawal. Members can either have a check sent to them or have the money transferred to any of their accounts.** All rates subject to change daily **
CONE Credit Union has available to its members who are 18 years or older an excellent checking account in addition to the many great services we offer. For those members who are younger than 18, you must have a parent or legal guardian as cosigner on this account.
Certificates of Deposit
CONE Credit Union offers six types of CD’s to our members. These CD’s typically have better rates of return than a normal savings account. Enjoy the benefits of higher returns while having the security of knowing your account is fully insured up to *$250,000 by NCUA. Certificates of Deposit are time deposits, and the penalty for early withdrawal is 90 days interest.
Private Student Loans
THE SMART OPTION STUDENT LOAN® FOR CONE CREDIT UNION BY SALLIE MAE®
For borrowers attending degree-granting institutions
Now you can pay for college the smart way with three great repayment options and competitive interest rates!
This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans.
Click here to learn more about Private Student Loans.