A Share Savings account along with a Deposit account are the first accounts you open when you become a RHAND Credit Union member because a solid financial foundation starts with saving!
Watch your savings grow
Start building your wealth and investing in your future with our Share Savings account. Store your money safely and earn when we do, with annual dividends on your savings.
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Start your financial journey with us
Unlock access to exclusive benefits
Opening an account with RHAND means you now own a share of our Credit Union. This means you can access loans based on multiples of your shares. You’ll also have access to all the amazing products, services, and benefits we have to order.
Easy access to loans
Borrow money and use your Share Savings account as collateral.
Grow with annual dividends
Receive annual dividends on shareholdings as determined at our Annual General Meetings.
Save more to earn more
The more shares you have in your Share Savings account, the more dividends you earn.
Your money is your money
Enjoy no burdensome/ nuisance fees for accessing your own money.
Low maintenance costs
Purchase a minimum of twelve shares ($5.00 per share) annually to maintain active financial status.
A seat at the table
Participate in our AGM to help shape the future of our credit union together.
Like a bank but better
Wondering what’s the difference between a savings account at a bank versus a share savings account at our credit union? We’ve got you covered!
Share Savings Account vs Savings Account
While banks offer savings accounts, credit unions offer share or share savings accounts. As such, each member has an equitable share in the credit union.
The Member Is The Owner
Banks are also run by outside shareholders, while credit union members act as both customer and shareholder. As a credit union shareholder, you get access to a host of benefits that you won’t get at a bank. For example, RHAND members can elect the board of directors who make day-to-day decisions and earn a portion of our profits annually in the form of a dividend.
Interest vs dividends
Instead of interest, a Share Savings account earns you “dividends” which reflect the portion of RHAND’s profits that you’ve earned, paid annually at our AGM.
Plus, perks that put a pep in your step
Enjoy zero fees, higher savings rates, and a more personalized experience when you save with RHAND.
Get rewarded for your investment with lower rates, hassle-free loans, and annual dividends that put money back in your hands.
Become a member
Experience the RHAND Credit Union difference with excellent options tailored for every stage of your life, the conveniences you expect, and local, personalized service.
