
Save money for multiple goals.
If you want to save money for multiple goals, open sub-accounts to keep your eye on the prize. It's a great way to create a detailed savings strategy and monitor your progress.
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Account Details
Qualifications
- Must have a Shares Savings
- No minimum balance to open
Features
Fees
Additional Information
- Dividends earned daily
- Dividends paid monthly
- Monthly statement with checking and electronic transaction
- Quarterly statement, if monthly statement isn’t given
- Up to 15 sub-share savings accounts can be opened under the member’s base account number
- Accounts can be nicknamed at the member’s request or by the member themselves using It’s Me 247 online banking
- 24/7 account access:
- None
Additional Information
- Does not mature or pay out
- Available for withdrawal at any time without penalty and acts like a standard savings account
View Current Rates
Effective Date:Saving Account Options
Account Type
|
Required Opening Deposit
|
Minimum Daily Balance to Avoid Fee | Minimum Daily Balance to Earn APY |
Dividend Rate / APY*
|
---|---|---|---|---|
Share Savings | $5 | $0 | $0 | 0.10% / 0.10% |
Sub-Share Savings | $0 | $0 | $0 | 0.10% / 0.10% |
Property Tax Savings | $0 | $0 | $0 | 0.10% / 0.10% |
Empowering Kids Savings** | $5 | $0 | $0 | 3.00% / 3.04% |
Empowering Teens Savings** | $5 | $0 | $0 | 3.00% / 3.04% |
Health Savings | $0 | $0 | $0 | 1.50% / 1.51% |
*APY = Annual Percentage Yield. Dividend rates and annual percentage yields are subject to change at any time. Fees may reduce earnings. The minimum balance required to open a Regular Savings, Empowering Kids Savings or Empowering Teens Savings is $5 (one share). **3.04% APY/3.00% dividend rate is applicable to balances up to $1,000.00 on Empowering series savings accounts only, offer does not apply to checking accounts. Balances over $1,000.00 will earn the regular share rates, currently 0.10% APY/0.10% dividend rate.
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