This second savings account allows a borrower save while they repay their loan. These savings are withdrawable at any time so long as the loan is being repaid in accordance with the credit agreement.

Some members use the Thrift Account as a second savings account for a son or daughter or grandchild thereby retaining control of the money until the young person is a young adult or until the member is appy to relinquish control.

Some members use the Thrift Account to save for particular expenditure rather than relying on borrowing all the time.

For Dividend purposes the Thrift Account is considered the same as the Shares Account although DIRT is deducted on Thrift Account Dividend as it is a second savings account and is classified as a deposit accountfor Revenue purposes.