• Invest wisely in today’s stock and bond market
• Achieve your short and long-term financial goals
• Secure payment of rising college education expenses
• Plan your asset allocation
• Ensure a comfortable retirement 
• Protect your family & your assets
• Plan for long-term health care needs
• Save for Homeownership

Excellent Investment Account options to help you get there!

Money Market Accounts
You have instant access to this flexible Account with tiered dividend rates—the higher the balance, the more you earn. Read more
Rates | Savings Calculator

Retirement Planning Including 401(K) Accounts Choose from several Retirement Account options to help grow your money. Read more
Rates | Savings Calculator

Savings Accounts
Open your Savings Account and take advantage of many products and services that put more money in your wallet. Read more
Rates | Savings Calculator

Holiday Club Account
Conveniently save all year for your holiday shopping. Read more
Rates | Savings Calculator

Health Savings Accounts
Make tax-free contributions when you pay for qualifying current and future medical expenses. Read more
Rates | Savings Calculator

Additional Options to Enhance Your Investments
Southland Credit Union partners with Linsco/Private Ledger (LPL)* to offer additional options that compliment our more traditional savings products. Click here for more information.

For Financial Planning Tips click here.

* The Financial Advisors of Southland Credit Union are Registered Representative with, and Securities, Advisory Services and Insurance Products are offered through Linsco/Private Ledger and its affiliates, Member FINRA/SIPC. Southland Credit Union is not a registered broker/dealer. Investments are: Not NCUA/NCUSIF insured, may lose value, are not credit-union guaranteed, and are not obligations of Southland Credit Union. An LPL Branch Office is located at each of Southland Credit Union’s Branches.

Choose from two unique Certificate types

AcceleRate Certificate Accounts It’s your money; it’s your choice. Rates can change at any time and you may find that you can earn even more now than you could before. With AcceleRate, you have the opportunity to increase the rate of your Certificate one time during its term. This unique Southland Credit Union product allows you to receive a great rate today and take advantage of a better rate tomorrow. Open with as little as $1,000 Choose terms from 6 months to 60 months with guaranteed Receive higher dividend rates than a Savings or Money Market Account Receive dividends compounded daily and paid monthly Have access to a Certificate Secured Loan (IRA CERTIFICATES do not qualify) Earn higher dividends with Jumbo Certificates ($100,000 and more) Receive automatic renewal (Members who close Certificates prior to maturity are assessed penalties in the form of forfeited dividends) Make an early withdrawal and it will NOT affect the principal UNLESS the Certificate is closed early after having withdrawn or transferred dividends out of the Certificate each month Add-On Certificate Accounts “Add-On” and watch your money add up! A Southland Add-On Certificate Account offers you a way to earn a great rate with as little as $500. Plus, you have the flexibility to deposit and make a withdrawal without a penalty. Open with as little as $500 Make two penalty-free withdrawals during the term Deposit $100 or more any time during the term Choose terms from 6 months to 60 months Convert an existing Southland Certificate without an early withdrawal penalty Receive dividends compounded daily and paid monthly Choose the AcceleRate feature available one time during the Certificate term Receive great dividend Rates and automatic renewal

If you’re a Southland Member and would like to open a Certificate Account or have questions, please contact 800.426.1917 (M-F, 8am-6pm & Sat, 9am-1pm) or e-mail info@SouthlandCU.org

Want to become a Member and open a Certificate Account?
Click here to join Southland Credit Union

Do I qualify?
To qualify for a Health Savings Account you must:

• Be covered by a Qualified High Deductible Health Plan
• Not be covered by secondary/other health insurance
• Not be enrolled in Medicare
• Not be claimed as a dependent on someone else’s tax return

What is a Qualified High Deductible Health Plan?
A Qualified High Deductible Health Plan is a health insurance plan that has an annual deductible of at least the following:

• For single employee coverage, the deductible must not be less than $1,100 (2007 tax year), with annual out-of-pocket expenses not exceeding $5,500 (2007 tax year) or
• For family coverage, the deductible must not be less than $2,200 (2007 tax year), with annual out-of-pocket expenses not exceeding $11,000 (2007 tax year).
• Out-of-pocket expenses include deductibles, co-payments, and other amounts the participant must pay for covered benefits, but do not include premiums. High deductible plans can have first dollar coverage (no deductible) for preventive care and higher out-of pocket expenses (copays and co-insurance) for non-network services.

What is the annual contribution limit?
The maximum contribution for any year is the lesser of the amount of the high-deductible health plan’s annual deductible or:

For an individual—$2,850 for tax year 2007
For family coverage—$5,650 for tax year 2007

If you’re a Southland Member and would like to open a Health Savings Account or have questions, please contact 800.426.1917 (M-F, 8am-6pm & Sat, 9am-1pm) or e-mail info@SouthlandCU.org

Want to become a Member and open a Health Savings Account?
Click here to join Southland Credit Union

• Earn balance plus dividends
• Easily access funds after automatically transferred November 1 (balance must exceed $100)
• Choose payroll deduction to easily and conveniently save
• Keep money for holiday shopping or other holiday needs in a separate account
• Enjoy no minimum opening deposit and no early withdrawal penalty

1. Read the Account Agreement and Truth-In-Savings Disclosure (PDF)
2. Complete the Member Account Application
3. Return the signed Member Account Application to the Credit Union with a minimum savings balance of $25

If you’re a Southland Member and would like to open a Holiday Club Account or have questions, please contact 800.426.1917 (M-F, 8am-6pm & Sat, 9am-1pm) or e-mail info@SouthlandCU.org

Want to become a Member and open a Holiday Club Account?
Click here to join Southland Credit Union

• Access funds immediately; no minimum investment period
• Earn a higher dividend rate than offered on a Savings Account
• Earn dividends calculated on your daily balance
• Receive monthly statements
• Employ Automatic Payroll Deduction or Direct Deposit (available through some employers)
• Receive increases in dividend rates as balances grow 
• Don’t worry about a minimum deposit
• Earn dividends with at least $2,500

If you’re a Southland Member and would like to open a Money Market Account or have questions, please contact 800.426.1917 (M-F, 8am-6pm & Sat, 9am-1pm) or e-mail info@SouthlandCU.org

Want to become a Member and open a Money Market Account?
Click here to join Southland Credit Union

It’s never too early to save for your retirement.
Saving and making the most of your money is key to a comfortable retirement nest egg. Social Security will only provide a fraction of your monthly retirement income. An Individual Retirement Account (IRA) is a great choice to earn more savings dollars for a comfortable future.

How much can you contribute per year and not be taxed?
If you’re an eligible wage earner, you may shelter up to $4,000 of earned income per year from taxes when you make deposits to your IRA*. You can open or make contributions to your Traditional or Roth IRA any time up to and including the due date of your tax return for the previous tax year—normally April 15th (not applicable to those filing tax extensions). Seek expert advise from your tax advisor or phone a Southland Financial Service Representative at 800.426.1917.

If you’re 50 plus years and want to start an IRA
It’s not too late! Make up for lost time with “Catch-Up” Contributions if you’re 50 and older. By the end of the taxable year, you can make up to $1,000 a year in additional contributions above the $4,000 maximum limit.

Choose these IRA Savings Options
Roth, Traditional, and SEP IRA Savings Accounts

• Fixed Rate Certificates (minimum deposit $1,000)
• Fixed Rate Jumbo Certificates with AcceleRate (minimum deposit $100,000)
• Variable Rate Certificates (minimum deposit $25)
• Add-On Certificates with AcceleRate (minimum deposit $500)

• Annual contributions up to $4,000 plus a $1,000 catch-up contribution if over the age of 50
• Depending on your income, your contributions may be tax deductible—consult your tax advisor
• Withdrawals at retirement will be taxed at your then-current rate when you will most likely be in a lower tax bracket
• Terms of 6 months to 5 years
• Dividends remain tax deferred until money is withdrawn
• Additions to Certificate accepted at maturity on Certificates—anytime on variable
• Additional contribution can be made anytime on Add-On Certificates ($100 min)
• Quarterly statements
• Rollovers and transfers accepted

• More than $83,000 but less than $103,000 for a married couple filing a joint return or qualifying widow(er)
• More than $52,000 but less than $62,000 for a single individual or head of household
• Less than $10,000 for a married individual filing a separate return

Recent changes to adjusted gross income (AGI) limits:

• $166,000 for married individual filing jointly or qualified widow(er),
• $10,000 for married individual filing separately and lived with their spouse at any time during the year, and
• $114,000 for single, head of household or married filing separately.
• Contributions are not tax deductible
• Tax free - penalty free distributions if used for a "qualified" reason
• No mandatory distributions

• Maximum contribution by employer is 25% of employee earnings; or $45,000 whichever is less. Contribution from employer is based on the Employers plan specifications.
• Employee may make a maximum annual contribution of $4,000; or $5,000 if the employee is over 50 years old. The "catch-up" contribution increased to $1,000 in 2006.

Rates | Savings Calculator | Additional IRA information

If you’re a Southland Member and would like to open an IRA Account or have questions, please contact 800.426.1917 (M-F, 8am-6pm & Sat, 9am-1pm) or e-mail info@SouthlandCU.org

Want to become a Member and open an IRA Account?
Click here to join Southland Credit Union

• ATM withdrawals up to $500 per day
• Quarterly statements—Monthly statements if you also have Checking, Money Market, Loan, or any account with electronic funds transfer (EFT)
• Automatic payroll deduction (available through some employers)
• Deposits
• In person at our branches
• Mailed to: P.O. Box 7022, Downey, CA 90241-7022
• Through the night depository at our Downey or Los Alamitos office
• At CO-OP ATM's (over 4,000 locations in California and 25,000 nationwide)
• Direct Deposit—retirement, Social Security, recurring federal deposits, or payroll
• Withdrawal Access—Quickline (24-hour telephone access), ATM (fees may apply), telephone, in person or mail, wire transfer (for a fee)