A-K Valley's Car Insurance Escrow Account is designed to allow members to purchase car insurance with a deductible higher than $500.00. By establishing this account, our member must keep on deposit the amount of the difference between the deductible on their insurance and the $500 allowance.
This account earns the same interest rate as a Regular Share Account and the money will be available to you at the payoff of the Vehicle Loan. This is an optional account only for those members who wish to have a car insurance deductible limit above $500.