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Depositors/Members can buy one share in $25 dollars and entrance fees of $25 dollars. Regular share account holder can participate in EFCU voting process and run for the board elections and serve in various committees.

  • Account holder becomes a member (owner) of the EFCU
  • Deposit and withdraw money
  • Right to a vote and run for the governing body
  • Dividend is paid for the average balance maintained into the account once dividend is declared
Everest VIP account

Everest VIP account

Only regular members can open this minimum balance account. The dividend is paid upon declared.  This share account will have the following features:

  • Minimum balance is $1,000 and maximum balance can be up to $3,500
    (minimum 40 shares to maximum 140 shares)
  • To eligible for dividend, minimum balance to be maintained in this account
  • Committed amount to be deposited within 10 months
  • This account is open for all members on first come first serve basis and until closed by the EFCU

This account is designed to deposit kids’ piggy bank money. It has attractive interest rate so that kids can fund their account for the purpose of their educational or other purposes.

  • Available only to the minors
  • After they turn 18 years old, they should transfer the fund to other eligible accounts
  • Receive interest rate of 3.25% if held more than three consecutive years
  • Initial interest rate will be based on EFCU’s short-term CD rate
  • No Minimum balance required
Everest VIP account

Everest VIP account

This account is created to benefit students. This will provide attractive interest so that students can fund their accounts for their educational needs.

  • This account will be available only for students
  • Once they finish college bachelor’s degree, they should transfer fund to other eligible accounts
  • Initial interest rate will be based on EFCU’s short-term CD rate
  • There will be interest rate set 3.25% if held more than 3 years
  • No Minimum balance required

Members are eligible to open Certificate Deposit (CD) account to earn higher interest rates. 

  • Maturity terms – 1 year, 2 years, and 4 years
  • Interest rate range – 1 to 3 percent based on time hold
  • Minimum deposit at least – $100
  • Longer term CDs will get higher interest rates
  • The “Himalaya Capital” CD is a 4-year fix deposit CD
  • Introductory Interest rate is 3.00% on the Himalayan Capital CD
  • This CD requires $1,000 face deposit and available in first come first serve basis
  • This CD receives interest rate higher than the market rate