Your membership in Santa Rosa County Federal Credit Union is established by depositing $25.00 into a Regular Share Account. This account is your primary membership account and it entitles you to all the benefits the credit union has to offer. After you become a member, your spouse and family members are also eligible to join the Credit Union.

Our Regular Share Accounts require a minimum balance of $25.00 to stay on deposit as long as you maintain your account with the Credit Union and there are NO MONTHLY FEES to keep your account with us. We pay very competitive dividends quarterly on our Regular Share Accounts. Your savings are federally insured up to $250,000 per membership by NCUA (National Credit Union Administration, a U.S. Government Agency).


Make your holiday shopping easier this year--open a Christmas Club Account today.
Your Credit Union offers Christmas Club Accounts each year. The minimum deposit to open a Christmas Club Account is $5.00. Dividends are posted quarterly and you may make unlimited deposits to the account throughout the year. Christmas Club funds are transferred into your regular share account on November 1st each year.


Santa Rosa County Federal Credit Union offers a Share Draft (Checking) Account
with the following exceptional benefits:
No minimum balance
No monthly service charge
No per check charges
Variety of check designs (ORDER HERE - use routing number 263280939)
Overdraft protection from your Regular Share Account
Overdraft protection from a Line of Credit Loan
Debit Card
ATM Card
24-Hour access to your account through Call 24
Monthly Statements
Direct Deposit/Payroll Deduction

Debit Cards--Like writing a check, only better!
Tired of writing checks? Love the ease of credit cards but worry about debt getting out of control? The solution is a debit card, and it is available now from your Credit Union. Santa Rosa County Federal Credit Union is now offering a MasterCard Debit Card. It looks just like a credit card and is accepted anywhere you see the MasterCard logo. The money you spend is automatically deducted from your share draft account. It's as though you wrote the merchant a check, but it's quicker and doesn't require you to go through the hassle of presenting identification in order to complete your transaction. At the end of the month, your purchases show up on your share draft statement for final verification.

Your Debit Card also acts as an ATM card, allowing you to obtain cash 24 hours a day from most automated teller machines. Call or stop by one of your credit union offices for a Debit Card application.


Term Share Certificates
Our Term Share Certificates offer some of the most attractive certificate rates in the area. The minimum balance for each certificate is $1,000.00. Dividends are paid monthly and can be reinvested into the certificate or can be transferred to another share account with the Credit Union.

Individual Retirement Accounts (IRA's)
We also offer very attractive rates on our IRA certificates. The minimum balance for each IRA certificate is $25.00. Dividends are paid quarterly and are reinvested into the IRA certificate.










Pay your medical expenses with tax-free HSA distributions
Make tax deferred HSA contributions
Pay higher deductibles *when you have medical expenses)
Pay lower premiums with an HDHP

HSA contributions generally are tax deductible. You have until your tax return due date (generally April 15) to fund your HSA. The maximum amount you can receive in contributions to your HSA each year depends on whether you have self-only or family HDHP coverage. Also, if you attain age 55 before the close of a taxable year, your contribution limit increases by $1,000.

You must meet certain requirements to be eligible for an HSA; most importantly, you must be covered under a high deductible health plan (HDHP). And HDHP generally has lower premiums than other types of health plans, but also has higher deductibles. Until your deductible is met, you must pay for all your medical expenses--except for preventive care, which is almost always covered. Assuming your HDHP is HSA-compatible, you can use your HSA assets to pay for these expenses.

An HDHP is considered HSA-compatible if it satisfies the annual deductible and out-of-pocket expense limits. Check with your health insurance provider to see if your health plan meets these requirements.

Contribution and Out-of-Pocket Limits for Health Savings Accounts
and for High-Deductible Health Plans

For 2017

For 2015


HSA contribution limit
(employer + employee)

Self-only: $3,400 Family: $6,750

Self-only: $3,350
Family: $6,750

Self-only: +$50
Family: +$100

HSA catch-up contributions
(age 55 or older)*



No change**

HDHP minimum deductible amounts

Individual: $1,300
Family: $2,600

Individual: $1,300
Family: $2,600

Individual: no change
Family: no change

HDHP maximum out-of-pocket amounts (deductibles, co-payments and other amounts,
but notpremiums)

Individual: $6,550
Family: $13,100

Self-only: $6,550
Family: $13,100

Individual: no change
Family: no change

Catch-up contributions can be made any time during the year in which the HSA participant turns 55.

** Unlike other limits, the HSA catch-up contribution amount is not indexed; any increase would require statutory change.

Besides having coverage under an HDHP, to be eligible for an HSA, you
cannot be covered by another health plan (with limited exceptions),
cannot be enrolled in Medicare, and
cannot be eligible to be claimed as a dependent on another person's tax return.

Note that your HSA eligibility is determined as of the first day of each month.


    2017 2016
ACA out-of-pocket limits
for HDHPs
Self-only: $7,150
Family: $14,300
Self-only: $6,850
Family: $13,200
IRS out-of-pocket limits for
HSA-qualified HDHPs
Individual: $6,550
Family: $13,100
Individual: $6,550
Family: $13,100

Savings tool with investment earnings
Flexibility to pay current medical expenses or save for future needs
Tax-deductible contributions
Tax deferred earnings
Tax-free distributions, if used properly
Balance carries over from year to year
Remains with you, regardless of change in coverage or employment

You can withdraw money from your HSA tax-free if the money is used to pay qualified medical expenses as permitted under federal tax law. This includes most medical, dental, and vision care. While health insurance premiums generally are not included, the premiums you pay for qualified long-term care insurance, health insurance when unemployed, health insurance under COBRA continuing health coverage, and certain health insurance premiums after age 65 are.

You can use your HSA for medical expenses for yourself as well as for your spouse and any dependents, even if they are not covered by the HDHP, or you can use your HSA for retirement. Keep in mind, however, that HSA distributions not used for qualified medical expenses are subject to ordinary income tax and, if taken before age 65, a 20 percent IRS penalty tax (unless due to death or disability).