MY Savings
Every member opens a savings account as part of joining our credit union. We designed MY Savings uniquely for ages 18 to 25 to simplify saving!
It's all about letting your money grow; yet, having convenient access to it when you want. The account can be opened with just $10 and only $5 of this opening deposit is required as a minimum balance to maintain this simplified savings account.
We pay dividends quarterly on the average daily balance and an even higher dividend rate is awarded on balances up to $1,000! You can make three free withdrawals a month, with a modest fee applied for additional withdrawals.
Among its many purposes, a MY Savings account is a convenient place to park your funds while you're building your savings and deciding where to invest next. MY savings account becomes a useful tool to include in your long-term financial strategy.
Look at all MY Savings Offers:
- Offered to members ages 18 to 25
- $10.00 to open
- Can be used as overdraft source for checking
- Three free withdrawals per month from savings
- FREE money – earns extra dividends each quarter on balances up to $1,000
| Balance | APY* |
| $0.01 - $1,000.00 | 1.10% |
| $1,000.01 and up | .10% |
- Building block for other savings and investments
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Reg D** limitations apply
* APY is an annual percentage yield which is the effective annual rate of return taking into account the effect of compounding interest.
**Reg D is a federal regulation that limits this account to six automatic or pre-authorized withdrawals or transfers each month.
