Share Account: This is your regular savings account. Your money will earn dividends, and you can put your money into and take your money out of the share account whenever you want.

Your balance is the amount of money in your account. When you have a share account you will receive a passbook that shows the activity and the balance of your account.

You need to have a Social Security Number to open a share account. You must also be eligible for membership with Brotherhood Credit Union. See how to join to find out who can become a member.

Here is an example of how an account helps you save money.

Johnny A. Member has deposited $5.00 into his share account every month for the last 12 months.

1. How much money has Johnny saved?
2. Since the interest rate is 2.5%, add $1.50 to account.*
3. If Johnny uses $5 to buy a gift for Father's Day, how much money does he have left?

*Johnny's interest is calculated: .025 X (answer to question 1) = $1.50

Answer Page