Summer Club Account (12 Month Pay)

A dividend-bearing account that helps you save by deducting money during the school year to provide a pay during the summer months when members aren’t receiving a paycheck.

  • Any member is eligible to open a  Summer Club (12 Month Pay) Account
  • Recommended for members employed by the Pittsburgh Board of Education but open to all members that want pay security during the summer months
  • Dividends are declared and paid at time of disbursement
  • Disbursement will be done by automatic transfer into the members Riverset checking or share account in early summer
  • Withdrawals may be made at any time without penalty, however dividends on the withdrawn amount will be forfeited

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