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SHARE DRAFT ACCOUNTS (CHECKING)
Share Drafts are a written order that looks like a check and works like a check to make purchases, pay bills or access cash. At Longs Peak Credit Union we have no service charges or monthly charges for each transaction and there are no minimum balances required in your share draft account. NOTE: The account must be opened with an initial deposit of $35.00 or more.
Other fees may be charged. See the fees and service charges schedule.
Statement periods are from the 1st of the month to the last day of the month. They are mailed to you monthly. The statements are easy to read and reconcile for simplified bookkeeping.
Reordering share drafts is made convenient for members. In each order of share draft, there is a reorder form that you may drop off or mail to the credit union. If you do not have this form, you may call and reorder by phone. Your share draft printing fee will automatically be deducted from your share draft account.
All share drafts are printed with carbons for verification of payments as the original drafts are not returned with your statement.
**This account does not bear any dividends. Therefore, the dividend rate and annual percentage yield are zero percent (0%)**
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