Estate planning at Vermont Federal

Reward Checking earns up to 1.26% APY on balances up to $25,000 and 0.25% APY on amounts above $25,000 when qualifications are met (at least 12 debit card transactions, at least 1 ACH payment or direct deposit, online banking login, and e-statement enrollment). It also refunds ATM fees up to $25 per cycle. Sharedraft Checking is a basic free checking account with no minimum balance or monthly fees but does not earn dividends or offer ATM fee refunds.

Yes. Vermont Federal Credit Union offers Health Savings Accounts for members enrolled in a qualifying high-deductible health plan (HDHP). HSA funds can be used tax-free for qualified medical expenses. Separate beneficiary designations apply to HSA accounts. Contact Vermont Federal at 888-252-0202 for current rates, eligibility requirements, and details on contribution limits.

Yes. Vermont Federal participates in the Co-op shared branching network, giving members access to accounts at thousands of participating credit union locations nationwide. Members can make deposits, withdrawals, and transfers at Co-op shared branching locations as if they were at a Vermont Federal branch. Online and mobile banking are also available 24/7 through the digital banking portal.

Yes. Vermont Federal allows both revocable and irrevocable trusts to hold deposit accounts. Visit any branch with the trust document or Certification of Trust, government-issued photo ID for all trustees, and the trust EIN if applicable. You can open a new account in the trust's name or retitle an existing account. A trust may become a member of the credit union if all parties to the trust (settlors, beneficiaries, and trustees) are within the credit union's field of membership. Contact Vermont Federal at 888-252-0202 to discuss trust account options.