Having money you can count on in savings provides incredible peace of mind.
Whether it's for a future big-ticket item, an unforeseeable emergency or just
a little something on a rainy day, we've created five different types of
savings programs to help you put your money to work for you.
When you bundle your accounts together you're automatically enrolled in our
C.A.R.E. Package. So you'll get an even better deal, like our access to our Achiever Savings Account that offers a higher interest rate. To learn more click here.
Membership Savings.
This is the first account you will open at UFCU and it only takes is a minimum
of $5 to gain access to all the benefits of membership ( Click here for details). Once your account is set up, we'll help you reach your goals quickly with automatic deposits and monthly compounding interest.
Here are some other benefits of Membership Savings:
- No monthly maintenance fee if you have other account relationships with us. (Christmas Club and Travel Ca$h accounts are not recognized as another account relationship)
- Earn dividends on balances over $300
- Interest is calculated daily and paid monthly
Achiever Savings.
Through a program of pre-determined monthly deposits, you can use an Achiever Savings account for budgeting large expenses, building a down payment for a home, vacation or any other dreams you may have.
Here are some more details about Achiever Savings:
- Earn a higher interest rate than any other savings account with no minimum balance
- Minimum $25 monthly deposit required (Automatic transfer is recommended)
- Interest is calculated daily and paid monthly
- One withdrawal allowed per calendar quarter. A $25 fee applies to additional withdrawals.
Special Savings
There's more than one way to save. Whether you're putting away for a holiday, a rainy day or someone's education, UFCU offers easy ways to ensure you save for that special something.
Christmas Club Account.
The holiday season is stressful enough. Why add worrying about bills to the mix? With this account, you can save throughout the year with regular deposits and watch your savings grow. Your money will be automatically transferred to a designated account on the first business day of November, allowing ample time for shopping.
- Automatic deposits make saving easy
- No fees or minimum balance requirements
- Competitive interest rate, calculated daily and paid monthly
Youth Accounts. (For under 21 years of age)
It's good to be young. Look, you've waited your entire life not to be called a kid anymore, but you can still reap the benefits of being labeled a Youth if you're under 21. A Youth Savings Account from UFCU pays interest on any balance, no matter how low, and there are no fees for falling below $300, unlike traditional savings accounts. So if you're under 21 and ready to put a little extra away, we've got the account for you.
Passbook available- No fees or minimum balance requirements
- Competitive interest rate
- Interest calculated daily and paid monthly
Educational IRAs
- Contributions are not tax-deductible
- Withdrawals are tax-free when provided for a child's higher education expenses
- Contributions up to $2,000 per child per year
NOTE: All savings are insured to at least $500,000; a combination of $250,000 provided by the National Credit Union Administration (NCUA), a U.S. federal government agency, and $250,000 by Excess Share Insurance (ESI), a private deposit insurance company.
Share Certificates.
We've all heard the saying, good things come to those who wait. Well, when you get a certificate of deposit with us, you don't have to wait as long to get those good things. We've got several plans to choose from, each with a variety of time options and all with great rates of return.
Share Certificates.
Make your money work hard for you with a high performance Share Certificate. Choose from a variety of terms to fit your investment needs and start enjoying higher earnings.
- Interest is calculated daily and paid quarterly
- Low minimum deposits of $500
- Terms offered from 3 months to 60 months.
- Click here to access our current rates and latest Share Certificates specials.
Premium Share Certificates.
Expect premium returns and added flexibility with these certificates. Our unique options allow you to capitalize on economic changes or respond to shifts in your personal finances quickly and effortlessly.
- Choose any monthly term between 3 and 60 months
- Minimum deposit of $50,000 and an additional bump up rate for deposits over $100,000
- Interest calculated daily and paid monthly
- Add-on deposit allowed once during the term of your certificate, from $1,000 up to $100,000: bring additional savings to your original Share Certificate and continue earning one premium investment rate.
And get some unique benefits on terms greater than 12 months:
- Rate bump-up allowed once during the term of your certificate: if rates go up you can switch to a higher rate and enjoy additional earnings
- You can make one penalty-free withdrawal during the term of your certificate, down to a minimum balance of $50,000.
Ladder Share Certificate.
This is a 5-year certificate term built into five CDs. Their terms are 1-5 years at the regular certificate rate. Each maturing certificate automatically renews into a 5-year certificate or has the option of being redeemed. The minimum balance requirement of this certificate is $2,500. Click here to learn more about how this share certificate works.
Young Investor Share Certificate.
This is a special certificate for investors under the age of 21. With a minimum deposit of just $500, young investors can select from terms ranging from 3 to 12 months. Additional contributions may be made in $50 increments at anytime.
- Your savings are insured to at least $500,000; a combination of $250,000 provided by the National Credit Union Administration (NCUA), a U.S. federal government agency, and $250,000 by Excess Share Insurance (ESI), a private deposit insurance company.
 |
 |
 |