Gulf Winds Federal Credit Union Retail Online Banking User Guide

Services

Open a Sub-Account

Sub-Accounts consist of Secondary Shares and Holiday Savings accounts. Members are permitted transfers up to six (6) per calendar month of non-demand accounts (accounts other than checking accounts). A member can withdraw from their Secondary Share or Holiday Savings accounts as often as they want. A member can have as many Secondary Shares as they want. These Shares can be named anything the member wants.

To Open a Sub-Account

Click on the Services > Open a Sub-Account tab. 1. Using the dropdown menus, Select An Account Type you wish to open. 2. If you would like to make an immediate deposit to your new sub-account choose yes for “Would you like to fund your account”; otherwise choose no. 3. If you are subject to backup withholding choose yes; otherwise choose no. 4. Enter the dollar amount to process the transaction to your new sub-account. 5. Read and check the box next to I Accept the Terms and Conditions. 6. When completed entering the required information, select Continue.

All the funds in a Holiday Savings account is automatically transferred to the member’s Savings or Checking on November 1st of each year. The Holiday Savings account remains open to start saving for the next year. A Primary Savings account must be open before a member can open a Sub-Account.

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