The CUSAVE® account offers a convenient and flexible way to save your money at a great interest rate. Interest is calculated on the daily balance and paid to the account monthly. TheCUSAVE®account is designed as a self-serve investment account used in combination with another account (usually a chequing account) at your credit union. You can transfer funds from one account to another 24 hours a day using MemberDirect® on-line banking, or you can use a pre-authorized transfer that helps you to save effortlessly. There are no service charges on self-initiated electronic transactions – and unlike some “virtual” banks, there is no waiting period for the transfers. If you need money quickly just transfer funds from the CUSAVE® account to your other account. It will be available right away! (e-Statements are available upon request at no charge)