Eglin FCU Savings Accounts

Why is a Regular Share Savings (S1) account suffix required?

Credit Unions are financial institutions in which each member owns a share. At Eglin FCU this share is referred to as your Regular Share Savings suffix and it is required to open and maintain an account at EFCU. A minimum $5 balance must remain on the regular share savings suffix at all times to keep the account in good standing.

How do I find my tax statements, documents or forms?

Members who earned at least $10 in dividends during the calendar year will receive tax documents/statements/forms, such as tax form 1099-INT, from the Credit Union through USPS. If enrolled in eStatements, your tax documents will be available in Online Banking or the Mobile App by January 31 and can be viewed at any time.

How do I check my transaction history?

Log into online banking or the mobile app to view transaction history, on your Eglin FCU checking, savings, loan and credit card account suffixes. You may also refer to your monthly statements (or eStatements) for this information

How far back can I view my account history?

Up to 24 months of transaction history is available within online banking and the mobile app. If enrolled in eStatements, up to 18 months of your eStatements are available for you to access through Online Banking or the Mobile App. If you do not have eStatements and wish to keep your history we recommend storing your monthly mailed statements in a safe place. For a fee, you may also request copies of your monthly statements by calling 850.862.0111 (option 4) or by visiting one of our branch locations during business hours, see our service fee schedule for current pricing.

Is there a limit to how many transactions I can make to or from my savings account each month?

There is no limit on how many transfers, withdrawals or deposits you may perform to or from your Eglin FCU savings or checking accounts each month; however, you must maintain a balance to keep the account open.

How do I add or remove a beneficiary to my account?

If you wish to add or remove a beneficiary on your account, please contact an Eglin FCU representative by telephone at 850.862.0111 (option 4) or by visiting a branch during business hours.

Is there a limit to how many joints or beneficiaries I can add to my checking or savings account?

There is not a limit to how many joints or beneficiaries can be on a checking or savings suffix.

Can I have more than one savings account?

In addition to the Regular Share Savings suffix (S1) required to open and maintain your membership at Eglin FCU, we also offer a Christmas Club Savings, Very Important Purpose Savings, Coverdell Education Savings and a Florida Uniform Transfer to Minors Savings. You may only have one of each type of savings account we offer.

Can other people deposit or transfer funds into my account?

To allow other people to deposit or transfer funds into your Eglin FCU account, you can instruct them as follows: They can use the online banking platform or mobile app to transfer funds directly into your account. They also have the option to make deposits at the teller line in any local branch during business hours. If they prefer to conduct the transaction over the phone, they can call 850.862.0111 and select option 4 during business hours. Additionally, Video Teller services are available for them to transfer funds into your account within business hours. It's recommended for them to have your account number, last name, and the specific account suffix to complete the deposit or transfer successfully.

Can I deposit or transfer funds into another member's account?

Members of Eglin FCU can transfer funds to another member's account using the online banking platform or mobile app. Deposits into another member's account can be made at the teller line in any local branch during business hours. For phone transfers to another member's account, one can call 850.862.0111 and select option 4 during business hours. Video Teller services also allow transferring funds to another member's account within business hours. Regardless of the method chosen to deposit or transfer funds to another member's account, it's important to have the recipient's account number, last name, and the specific account suffix to ensure a smooth transaction.