Accounts

Open an account with River Town FCU!

Savings Account

There are plenty of reasons to save: retirement, a child’s education, a special occasion, or just the security of putting away money for the future. Whatever your reason, River Town FCU has a savings product that’s right for you. Our savings accounts, certificates, and IRAs offer competitive dividend rates and such convenient features as direct deposit and payroll deduction.

The account can be opened with a minimum deposit of $5.00 which should be maintained while you use credit union services. Applying for membership online is so easy and just a click away! Dividends are set by the Board of Directors quarterly. They are calculated on your daily balance, paid, and compounded quarterly. For current dividends declared by the Board of Directors last quarter, click the button below.

Savings are federally insured up to $250,000 and backed by the full faith and credit of the United States Government through the National Credit Union Administration, a U.S. Government Agency.

Share/Draft Checking Account

Looking for a new relationship? Tired of paying monthly fees? Well, look no further than River Town Federal Credit Union.

With share draft/checking you get these benefits:

  • FREE debit card

  • No monthly service fees

  • No per check fee

  • Unlimited check writing

  • Easy deposit – Make deposits in person, by mail, ACH, direct deposit, remote deposit capture, or payroll deduction

  • No storage of canceled checks

  • Free online banking

  • Free external transfers to and from other bank accounts through online banking

  • Free remote deposit checks through online banking

Share draft accounts are federally insured by the National Credit Union Administration (NCUA), a government agency.

ATM & Visa Debit Cards

Get the convenience of accessing your credit union share draft/checking accounts when you need to withdraw money, make a purchase, or pay for an item at a point of sale (POS) terminal.

Convenience is the key at River Town Federal Credit Union. With our ATM & Visa® Check Cards, you’ll enjoy the flexibility to access your money whenever you need it. Whether you’re across town or across the country, the funds from your River Town FCU accounts will be at your fingertips 24 hours a day through any PULSE® or CO-OP® machine.

You will have access to our credit union ATM located at:

Main Office
1001 S. 21st. Street
Fort Smith, AR 72901

Other ATM Machines
Look for a CO-OP, PULSE, or PLUS logo on any ATM machine to withdraw money without a fee. You can also inquire about balances.

Currently, you are able to withdraw money from any Arkansas Federal Credit Union or United Federal Credit Union ATM machine with no fees.

VISA Debit/ATM Card
With your River Town Federal Credit Union VISA Debit/ATM Card, you can use it like an ATM card with your PIN, but you can also do other things.

  • Make purchases directly from your checking account. Rather than write a check, use your VISA Check Card. You can use the card to make purchases wherever the VISA logo is accepted

  • Use it at Point of Sale terminals wherever the VISA logo is accepted

  • To get an application and see which card you qualify for, see a Member Service Representative at River Town FCU

Things to remember about our VISA Debit/ATM Card:

1. They are not credit cards. All transactions are deducted from your share draft/checking.

2. Each time you make a purchase, use the POS terminal or make a withdrawal from an ATM with your VISA Debit/ATM Card, you should record the transaction immediately in your check register. If you forget, you could cause your checking account to be out of balance, resulting in possible fees.

3. Reconcile your monthly statement. Report lost or stolen cards immediately. Refer to your EFT disclosure for more information on reporting lost or stolen cards.

4. You cannot make deposits at a bank ATM. You must make your deposits either in person at the credit union office, through ACH, payroll deduction, remote deposit, or by mail. Members may also make deposits at the Secure Night Deposit located at the end of the first drive-in window.

Please click the button below for information on how to report a lost or stolen River Town FCU ATM card.

Money Market Super Share

The credit union may offer other rates for this account from time to time. Rates are subject to change by the Board of Directors. 

Dividends compounded: Monthly
Dividends credited: Monthly
Dividend period: Calendar month

Balance Requirements 

Minimum opening deposit: $5.00
Minimum balance to avoid a service fee: –
Minimum balance to earn the stated APY: $100.00
Balance Method: Daily balance

The Money Market Super Share is a share account.

1. Rate Information: The Money Market Super Share account is a Tiered Rate account. If your balance is $9,999.99 or below, the first dividend rate and Annual Percentage Yield listed for the account above will apply. If your account balance is $10,000.00 or above, the second dividend rate and Annual Percentage Yield listed for the account above will apply. Once a particular balance range is met, the dividend rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.

2. Dividend: Dividends are compounded monthly and credited monthly.

3. Balance Information: The minimum balance requirement applicable to the Money Market Super Share Account is $10,000.00 to obtain the dividend rate and Annual Percentage Yield listed for the account. If the minimum daily balance is not met, you will not earn the stated Annual Percentage Yield.

4. All other applicable terms and conditions in the Rates and Fee Schedule for all other share accounts apply to the Money Market Super Share Account.

Club & Christmas Club 2

Club accounts provide you the opportunity to save for special events, such as Christmas or vacation. These two club accounts pay a special dividend. Dividends are set by the Board of Directors. They are calculated on your daily balance, paid, and compounded quarterly.

The Christmas Club 2 Account allows members who want to save for Christmas to withdraw all of their Christmas club money in November of each year. There is a $15.00 penalty for early withdrawal.

Here are the highlights of the product:

  • The savings must remain on deposit until November of each year to receive the dividend.

  • Funds will automatically be distributed to the members’ share account.

The Board of Directors will determine the dividend rate in September. See the Rates and Fee Schedule for full details and disclosures.

Special Share/Savings

Special Share/Savings Accounts allow you to set aside funds for special purposes. From property taxes to wedding expenses, you can have it set aside just for this reason. We can even name it for you to identify it on your quarterly statement. Dividends are set by the Board of Directors quarterly. They are calculated on your daily balance, paid, and compounded quarterly. For current dividends declared by the Board of Directors last quarter click here.

Minor

Open a child or grandchild’s account and help them learn to save. A minor’s account has these benefits:

  • Pays quarterly dividends

  • Can be opened with as little as a $5.00 initial deposit

  • Exempt from certain fees

  • Quarterly statements

IRA Accounts

Need to build an investment for your future? Are you working but don’t have a pension plan? An Individual Retirement Account (IRA) at River Town Federal Credit Union may help. Investing in a River Town Federal Credit Union IRA is safe. IRAs are separately insured up to $250,000 by the National Credit Union Administration (NCUA), a government agency.

Look at these options:

  • Variable-rate IRA Share Account

  • Fixed-rate IRA Share Certificate

  • Roth IRA

  • Educational IRA

  • SEP IRA

Variable Rate IRA Share Account 
A variable-rate IRA Share Account pays quarterly dividends. Making deposits to it is flexible! You can make them by payroll deduction, mail, ACH, or make them in person.

Fixed-Rate IRA Certificate
Want to get a higher return than the variable rate but don’t mind locking it up for a time period? Open an IRA Fixed-Rate Share Certificate for a six-month, one-year, or two-year term.

Roth IRA
Can’t qualify for the Traditional IRA Account? Maybe you can get a Roth IRA. The Roth IRA does not have any deductibility on your tax form, but after five years contributing to the plan, you can withdraw your earnings if you are age 59 ½, disabled, or a first-time homebuyer.

Educational IRA 
Need to save for your child’s education? An Education IRA may be the investment you need to get them started in college. You can contribute up to $500 per year until the age of 18 or any year that a contribution is made to a state tuition program for the IRA beneficiary. Then you can make a tax-free withdrawal for education expenses with only the earnings being subject to taxation.

Want to know more? Contact a credit union member service representative.
The Board of Directors sets dividends. They are calculated on your daily balance, paid, and compounded quarterly. For current dividends declared by the Board of Directors, SEE RATES. There is a substantial penalty for the early withdrawal of certificates of deposit and IRA Accounts.

Federal Insurance

The National Credit Union Administration (NCUA) provides insurance coverage of up to $250,000 for your Credit Union account(s). To learn more about the type of accounts and the total amounts that the NCUA may insure visit ncua.gov.